SpaceX
February 22, 2025
SpaceX Unicorn News - February 22, 2025
Vietnam has enacted new legislation allowing SpaceX's Starlink to provide satellite internet services independently, lifting previous foreign ownership restrictions. This move aligns with Vietnam's digital transformation goals and may strengthen ties with the United States amid trade concerns.
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() Vietnam Law Clears Way for Starlink Entry Amid US Trade Concerns
Vietnam’s government has approved new regulations that pave the way for Elon Musk’s Starlink to launch its satellite internet service in the country with full foreign ownership of its local subsidiary—a significant policy shift after years of stalled negotiations. This move, viewed as an “olive branch” amid escalating U.S. tariff threats under President Trump, is expected to attract up to $1.5 billion in investment from SpaceX, expand internet connectivity for nearly 100 million people, and help reduce Vietnam’s substantial trade surplus with the United States. While the decision promises to boost technological and economic growth, some experts warn that it may also lead to increased government oversight of digital communications.
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