Enterprises producing the latest in high-tech unmanned aerial vehicles (UAVs) are seeing their businesses take-off – reaching new heights around the world.

From a 1kg micro-satellite dubbed the “Vietnamese dragon” to silent laboratories and high-level policy resolutions, Vietnam is steadily turning space technology into a pillar of national strategy.

Low-altitude economy is emerging as a new growth driver, spanning logistics, agriculture, smart cities and rescue operations.

With strong R&D and core technology mastery, Vietnam is building a US$5 billion UAV industry by 2035.

The Department of Science and Technology of Ho Chi Minh City, in coordination with Vietnam Post and CT UAV JSC, launched a UAV-based delivery route connecting Can Gio and Vung Tau on February 12.

Vietnam’s UAV market could hit USD 10 billion and create 1 million jobs by 2035, offering major opportunities for local tech firms to invest in R&D, manufacturing, and services.

HCM City aims to promote UAV use in urban delivery while fostering UAVs as a strategic technology sector underpinning the innovation ecosystem.

Vietnam is well placed to seize opportunities from the burgeoning growth of the UAV sector, with the domestic market projected to reach 2–3 billion USD by 2030, targeting 10 billion USD in revenue and 1 million jobs by 2035, according to experts.