Vietnam’s Sky on the Verge of Unprecedented $10 Billion Milestone: Catalyst for Economic Breakthrough

“In Vietnam, the potential of the Low-Altitude Economy (LAE) is estimated to reach $10 billion” – VTV quoted experts participating in the Vietnam International Low-Altitude Economy Forum 2025 held on November 14, 2025, with the theme “Shaping the Future of the Low-Altitude Economy in Vietnam – From Policy to Practice.”

According to VTV, thanks to geopolitical advantages, policies promoting innovation, and a young, dynamic workforce, Vietnam is facing a “once-in-a-millennium opportunity” to become a regional and global low-altitude industrial hub.

Digital Economy – Green Economy – Knowledge Economy

Three Pillars of the New Era

Speaking at the Forum, Mr. Vũ Anh Tú, Technology Director of FPT Corporation, emphasized that Vietnam is at a “golden moment” to enter the low-altitude economy, opening a completely new economic sector based on aerospace and UAV technology.

“The low-altitude economy opens new growth momentum – where Vietnam can soar with intelligence, technology, and multi-dimensional cooperation among: Government – Enterprises, Academia, and Citizens.

By seizing opportunities and investing in LAE, we are driving the three pillars of the new era: Digital Economy, Green Economy, Knowledge Economy – while unlocking the creative potential of Vietnamese engineers and scientists, delivering better services to remote areas, islands, and affirming Vietnam’s position on the global technology map,” said Mr. Vũ Anh Tú.

Experts highlighted that the global low-altitude economy market has reached hundreds of billions of dollars, growing 30% annually, and is identified as a strategic industry by major economies like the US, China, and European countries.

“The low-altitude economy is taking off” was the assessment in June 2025 by the multinational Bank of America Corporation. The combination of drones (UAVs) and electric vertical takeoff and landing aircraft (eVTOLs) is driving LAE development.

Grepow noted that by enabling fast, efficient, and cost-effective operations, LAE serves as a key driver for smart city initiatives and the UN’s Sustainable Development Goals (SDGs).

For Vietnam, the potential of UAVs and aerospace technology in developing the low-altitude economy is placing “Vietnam’s Skies” before an unprecedented development space. Notably, early positive signals from the low-altitude economy in Vietnam have emerged in smart agriculture, logistics, and smart cities, supported by UAVs.

In smart agriculture alone, UAVs are becoming a key solution for automated spraying, pest monitoring, and crop growth assessment. In the Mekong Delta, over 3,000 drones serve 1.5 million hectares of crops.