Vietnam plans to spend up to US$2 billion developing space technology in the next 15 years, with a strategy in this regard under construction.
The Vietnam Institute for Science and Technology is coordinating with some relevant ministries and agencies to urgently complete the 9th draft of the 2006?2020 space technology development strategy.
The draft will go before the government sometime this month, Sai Gon Giai Phong newspaper reported. The prime minister tasked the institute with mapping out the strategy in 2003.
The strategy includes personnel training, scientific research, technology transfer, establishing a national space technology committee and building a space academy under the institute.
A number of projects will be carried out in years to come, including the 2.89 trillion dong (US$182.5 million) launch of a telecom satellite, VINASAT, in 2008.