The optical remote sensing satellite VNREDSat-1 is set for launch at 9:06 a.m. local time this Saturday. It will be the first remote sensing satellite of Vietnam to be put into orbit, marking a milestone for the Vietnam Academy of Science and Technology (VAST) and turning the country’s history of space conquest into a new page. The VNREDSat-1 project costs a total of 55.8 million euros, or some... 

The Space Technology Institute will send an Earth observation satellite worth 55.2 million euros (US$72.4 million) to the Earth’s orbit. This will be the third satellite invested in by Vietnam, after Vinasat-1 and Vinasat-2. While the previous two versions mainly serve telecom business and capacity leasing, the third will be launched for scientific research. Bui Trong Tuyen, vice president of the... 

The telecom satellite Vinasat-2 has entered its orbital position at 131.8 degree east, and will be handed over to Vietnam in July, announced the Vietnam Post and Telecommunication Group (VNPT) on Wednesday. Vinasat-2 producer Lockheed Martin is testing and calibrating the satellite. The work is expected to be completed in June. In July, Lockheed Martin will officially hand over Vinasat-2 to Vietnam... 

The telecom satellite Vinasat-2 of the Vietnam Post and Telecommunication Group (VNPT) will start leasing its capacity in the third quarter of 2012, following its successful launch on Wednesday morning. Ho Cong Lam, deputy director of Vietnam Telecom International Co. (VTI), a VNPT subsidiary in charge of operating the satellite, said VNPT had kicked off a marking campaign for Vinasat-2 a year ago. Lam... 

The telecom satellite Vinasat-2 invested by the Vietnam Posts and Telecommunications Group (VNPT) will be sent into orbit at 5 a.m. next Wednesday, four years after the launch of Vinasat-1. A press conference on this event is held on Wednesday in Hanoi. The Vinasat-2 project worth US$280 million was approved by the Prime Minister in late 2009. Similar to Vinasat-1, Vinasat-2 is produced by the U.S.... 

The Japanese government has decided to provide funding for developing countries’ space satellite projects under its official development assistance, government sources say. The first such aid funds are expected to be offered to Vietnam to help Japanese companies secure business related to a planned satellite launch by the Southeast Asian country. The government had previously opposed disbursing ODA... 

Viet Nam expected to master the technology to manufacture small satellites by 2017, when the project to build the first national space centre is scheduled for completion, said the vice chairman of the Viet Nam Academy of Science and Technology’s Space Technology Institute, Dr. Pham Anh Tuan. The Hoa Lac national space centre project was to be built with US$400 million from Japanese official... 

HANOI – U.S. aerospace firm Lockheed Martin Commercial Space Systems on Tuesday cut a deal with Vietnam Post and Telecom Group (VNPT) to build and launch the country’s second telecom satellite known as Vinasat-2. Under the agreement signed in Hanoi, the U.S. company will build the satellite, and provide control facilities and launch services. The contract is worth US$215 million out of the total... 

Prime Minister Nguyen Tan Dung has given a green light to the country’s second communication satellite project, Vinasat 2, less than two years after the successful launch of its predecessor, Vinasat 1. The PM designated the Vietnam Post and Telecommunications Group (VNPT) as the investor of the project. The VNPT will select contractors and manage consultancy, purchasing, insurance and launching. With...