Friday, March 14, 2025 12:43:07 AM - Markets open
VN-INDEX 1,326.27 -8.14/-0.61%
HNX-INDEX 241.31 -0.56/-0.23%
UPCOM-INDEX 99.02 -0.30/-0.30%
SpaceX to invest $15 billion in Vietnam
vietnamnews - 9/26/2024 9:12:34 AM
 (0 ratings. You must sign in to rate.)
SpaceX highly values Việt Nams potential for SpaceX's satellite internet plan, and informed that the group aims to inject US$15 billion into the country in the near future.
 
 
Party General Secretary and State President To Lam (right) had talks with Tim Hughes, Senior Vice President for Global Business and Government Affairs of SpaceX in New York on Wednesday. — VNA/VNS Photo Lam Khanh
 
Party General Secretary and State President To Lam on September 25 (US time) receives Tim Hughes, Senior Vice President for Global Business and Government Affairs of the US-based provider of spacecraft, satellite launch services, and satellite communications SpaceX.
 
During the meeting, Mr Lam said he hopes that the group will help Vietnam respond to natural disasters in a timely and effective fashion.  
 
Emphasising that Vietnam views digital transformation as an important driving force in the new era, the Party General Secretary and State President appreciated the group’s investment proposal in Vietnam and expressed hope that this will be a step forward in promoting cooperation between the two sides.
 
The Vietnamese Government is weighing the investment proposal, he said, asking SpaceX to closely coordinate with relevant Vietnamese agencies and partners to complete investment procedures.
 
Hughes highly values Vietnams potential for SpaceX's satellite internet plan, and informed that the group aims to inject US$15 billion into the country in the near future.
 
Expressing his support for Vietnam's policy of univeral internet services, Hughes affirmed his desire to support the country to realise it, and called for the support from the Vietnamese Government, as well as the coordination from Vietnamese ministries and agencies in this regard. — VNS
 
 
Read original article here
Newer News
13/03 Investors show strong interest in Bình Thuận Province
13/03 World Bank raises Vietnam’s growth forecast to 6.8 per cent
13/03 Financial Times granted licence to reopen Vietnam bureau
12/03 Green e-commerce in Vietnam still faces challenges
12/03 Local governments adjust GRDP goals to meet or exceed national growth target
12/03 Vietnam's agricultural exports surge to five-year high
12/03 Soaring hog prices drive stock market gains
12/03 Measures needed to boost business optimism: VCCI
11/03 New regulations ensure higher standards for exported food
11/03 Railway connectivity to enhance China-Vietnam economic, trade collaboration: official
Older News
26/09 PM chairs dialogue session on HCM City’s industrial transformation efforts
26/09 Robusta coffee price is higher than Arabica coffee price in Vietnam
25/09 Petrovietnam partners with US firms on digital transformation and sustainable energy
24/09 Strategy issued to develop Việt Nam’s semiconductor industry
24/09 Price hike helps pepper regain high export status
24/09 Vietnam, WB look to reduce emissions in rice cultivation
24/09 RoK firms explore investment opportunities in Ninh Thuan
23/09 Dong Nai calls for investments in three social housing projects in 2024
23/09 Vietnam’s frozen durian exports to China could reach $300 million this year
21/09 Vietnam's rubber exports reach $1.7 billion in eight months
 
Newsletter Signup
Top Stories
Market cautious as liquidity drops significantly
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Market Update
Last updated at 3:10:01 PM
VN-INDEX 1,326.27 -8.14/-0.61%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.