Vietnam Space Tourism Market Size, Share, Trends and Forecast by Type, End Use, and Region, 2025-2033

Vietnam Space Tourism Market Overview:

The Vietnam space tourism market size reached USD 6.50 Million in 2024. The market is projected to reach USD 107.27 Million by 2033, exhibiting a growth rate (CAGR) of 32.36% during 2025-2033. The market is gaining momentum, driven by increasing interest in commercial space travel and advancements in aerospace technology. Growing investments, supportive policies, and rising consumer curiosity are contributing to the development of this niche sector. Vietnam’s emerging role in space-related innovation is positioning the country as a potential player in the global space tourism arena. With sustained growth and international collaboration, significant opportunities lie ahead for the Vietnam space tourism market share.

Vietnam Space Tourism Market Trends:

Development of Spaceports and Infrastructure

Vietnam is making tremendous progress towards building spaceports to facilitate the developing space tourism market. Plans were made in March 2025 to construct a spaceport complex in Phu Quoc City, which is meant to make the area a central participant in global space tourism. The project indicates the vision of the government to improve Vietnam's tourism network by adding the capability of space travel. The construction of specialized spaceports will be essential to support commercial spaceflights, provide needed launch and landing facilities, and maintain safety requirements for tourists and operators. In addition to the immediate impact on space tourism, these investment in infrastructure is forecasted to create wider economic benefits through the establishment of new employment opportunities and ancillary business drawing, such as hospitality and transportation-related businesses. In addition to that, these projects are in line with Vietnam's general push for technological development and innovation, reflecting on its determination to compete in the international space tourism market. As the development of infrastructure projects advances, they will be set to lead in the Vietnam space tourism market growth, laying a strong foundation for future.

Integration of Virtual Reality Experiences

Vietnam is actively integrating virtual reality (VR) into its tourism industry to introduce and advertise space tourism ideas. In June 2024, several tourism hubs introduced immersive VR experiences that mimic the experience of traveling through space, enabling tourists to explore space worlds virtually without ever taking off. The move is both an educative and advertising approach that creates public awareness and excitement about forthcoming space tourism ventures. VR technology allows tourists to feel the thrill and awe of space travel at a reasonable price and in an accessible format, expanding appeal beyond its traditional space fan base. Moreover, the application of VR is also consistent with international tourism trends that focus on interactive and experiential activities. By integrating VR experiences into its tourism products, Vietnam not only diversifies its tourism basket but also fosters a culture of exploration and innovation around space travel. These efforts are anticipated to be instrumental in defining Vietnam space tourism market trends by exposing the public to space travel and paving the way for acceptance of commercial space tourism in the coming years.

Strategic Partnerships to Develop Space Tourism

Vietnam is actively seeking partnerships with well-established international space organizations for supporting the development of its space tourism industry. These partnerships are meant to ease the transfer of needed knowledge, technology, and best practices in developing a sustainable and competitive space tourism industry. Through partnerships with experienced global players, Vietnam can expedite the development of its space infrastructure, improve safety measures, and enhance operational efficiencies. Such alliances also provide room for joint ventures, shared investment, and technological exchange, which are vital in addressing the complexity of commercial space exploration. These alliances also facilitate increased prominence for Vietnam in the international space market, with more foreign investors and tourists taking an interest in the country. Through such initiatives, Vietnam can benefit from advanced technology and create a viable ecosystem strong enough to support future space tourism endeavors. This joint effort reflects the nation's determination to emerge as a leading player in the quickly developing field of space tourism.

Vietnam Space Tourism Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type and end use.

Type Insights:

• Orbital
• Sub Orbital

The report has provided a detailed breakup and analysis of the market based on the type. This includes orbital, and sub orbital.

End Use Insights:

• Government
• Commercial

A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes government, and commercial.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Space Tourism Market News:

• September 2024: Vietnam's government has confirmed that SpaceX plans to invest $1.5 billion in the country. This investment aims to support the expansion of satellite internet services, aligning with Vietnam's goal of universal internet access. During a meeting in New York, Vietnamese President Tô Lâm discussed the proposal with Tim Hughes, SpaceX's Senior Vice President for Global Business and Government Affairs. The Vietnamese government is currently reviewing the investment plan and coordinating with relevant agencies to facilitate the process.

Vietnam Space Tourism Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam space tourism market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam space tourism market on the basis of type?
• What is the breakup of the Vietnam space tourism market on the basis of end use?
• What is the breakup of the Vietnam space tourism market on the basis of region?
• What are the various stages in the value chain of the Vietnam space tourism market? 
• What are the key driving factors and challenges in the Vietnam space tourism market?
• What is the structure of the Vietnam space tourism market and who are the key players?
• What is the degree of competition in the Vietnam space tourism market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam space tourism market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam space tourism market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam space tourism industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.