Saigoneer

Back Travel » Private Company Wants to Build $1.3bn Launchpad in Phú Quốc for Space Tourism

Private Company Wants to Build $1.3bn Launchpad in Phú Quốc for Space Tourism

Conglomerate Thaigroup hopes to build the nation's first spaceship launchpad to facilitate space tourism.

The Vietnamese company has sought permission from Phú Quốc authorities to scout suitable locations on Vietnam's largest island and if all goes according to plan, construction would begin in 2022–2026.

Experts claim there is a demand in Southeast Asia for space travel but Vietnam currently has no means of sending people into orbit. The company says that the VND30 trillion (US$1.32 billion) center for launching and receiving spaceships will be a boon for tourism and benefit the region's overall socio-economic development. 

Formerly known as Xuân Thành, Thaigroup made its fortunes via the cement industry and later hydroelectric power. It was founded in Hà Nam Province in 1976 and has been involved in numerous public work projects. 

Vietnam's nascent space program has never launched a craft into outer space carrying a human. Notably, in November, the Vietnamese-built and designed NanoDragon was launched from Japan. Once the four-kilogram satellite exited the atmosphere, it lost contact with Earth and has not been heard from since.

[Photo by Anton Shuvalov via Unsplash]

Related Articles

in Development

Huge Tourism Complex Featuring Lotus-Shaped Island Proposed for Phú Quốc

The most notable feature of Selavia, an "all-in-one" tourist destination, is a 180-hectare artificial island shaped like a lotus that will stretch into Phú Quốc's Đầm Bay and contain villas, boat...

in Travel

With No Foreign Visitors, Vietnam's Travel Sector Courts Domestic Tourists, but Is It Enough?

As the country slowly opens for tourism, are companies and people adequately prepared?

in Travel

5 Localities Aim to Welcome Vaccinated Foreign Tourists From Next Month

Tourism destinations in Vietnam are eager to restart their economies after it appears that the current outbreak is subsiding.

in Travel

A Lifetime Adrift: Phu Quoc Cruise Ship Crewmen Live and Work On Board

In the days before our lives were disrupted again by the pandemic, I was fortunate enough to visit the remote beauty that is Phu Quoc and its many ivory beaches. On my trip, I also had the opportunity...

in Vietnam

After Online Mockery, Sa Pa Park With Ugly Statue of Liberty Replica Gets Shut Down

The ill-proportioned replica statue led authorities to shutter the unlicensed An Sa Pa park that was built to provide tourists with photo-ops. 

in Saigon

Amid Tourism Slump, Saigon's Hotels Provide Free Stays, Meals to Frontline Workers

Amid Saigon’s most devastating outbreak of COVID-19, the city’s various economic sectors have pivoted to supporting frontline workers in their enduring efforts against the epidemic.

Partner Content

in Partner Content

How International School Saigon Pearl Ensures Student Safety

When sending their children to school, parents must be confident that they are physically, emotionally and mentally safe.