SpaceX plans to invest around $1.5 billion in various locations in Vietnam to provide broadband internet services.

On May 20th, local time, Vietnamese Minister of Industry and Trade Tran Hong Yen held a working discussion with representatives from several American companies. SpaceX's Senior Vice President Tim Hughes stated that the company will invest in and develop telecommunications infrastructure in Vietnam through the Starlink satellite internet service project. SpaceX plans to invest approximately $1.5 billion in various regions across Vietnam, especially in remote, border, and island areas to provide broadband internet. In the first phase, SpaceX is expected to establish 10 to 15 ground stations in Vietnam.