Vietnam Welcomes Starlink: An Olive Branch Amid Trade Tensions
Vietnam is poised to allow Elon Musk's Starlink to operate in the country through upcoming regulatory changes. This move comes as an effort to ease tensions with the US, following lengthy negotiations with SpaceX. Vietnam will require Starlink to retain full ownership of any local subsidiaries.
Vietnam is gearing up to welcome Elon Musk's satellite internet service, Starlink, by planning regulatory changes that would enable the company to launch its services fully owned within the country.
This decision is perceived as a goodwill gesture amidst ongoing tariff threats from the US, marking a significant development in Vietnam-US relations.
The proposed regulations have reportedly stemmed from extended discussions with Starlink's parent company, SpaceX, as confirmed by a Vietnamese government official.
(With inputs from agencies.)
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