On October 10, 2025, at the “Vietnam Private Economic Landscape” (ViPEL) event, the Low-Altitude Economic Partnership (LAEP) was officially launched. The event was under the patronage of the National Innovation Center (NIC) and in the presence of the Prime Minister of Vietnam, Pham Minh Chinh.

1. About Vietnam’s Low Altitude Economic Partner (LAEP) 

The low-altitude economy (LAE) refers to a chain of economic activities that take place below 1,000 meters. This is where individuals and enterprises utilize technologies such as unmanned aerial vehicles (UAVs/drones), artificial intelligence (AI), and electric vertical take-off and landing aircraft (eVTOLs/air taxis) for operations. Currently, LAE is rapidly growing in developed countries like the United States, China, Japan,... 

In Vietnam, experts estimate that the potential value of the low-altitude economy could reach up to USD 10 billion. Mr. Truong Gia Binh, Chairman of FPT Corporation, stated that Vietnam has a “golden opportunity” to become a global center for the low-altitude economy.

The launch of LAEP marks a significant milestone in Vietnam’s efforts to build and develop this emerging economic sector. The alliance aims to connect regulatory agencies, technology enterprises, and innovation organizations to establish a comprehensive ecosystem. This will help Vietnam move closer to becoming a global low-altitude economic center.

However, according to Mr. Tran Anh Tuan, CEO of the Vietnam UAV Network, the biggest challenge for the low-altitude economy lies in licensing and managing flight operations. One company shared that although it can produce 10 drones per year, which are worth up to USD 1 million, the company has not received flight approval even after three years. As a result, most domestic users rely on imported drones, putting Vietnamese drone manufacturers at a disadvantage in their domestic market.

Therefore, LAEP expects that government authorities will soon complete the legal framework for this sector, including technical standards, flight safety regulations, device identification, and sandbox mechanisms for new services.

Undeniably, the establishment of LAEP reflects the government’s strategic vision in digital transformation and low-altitude aviation infrastructure development. It also marks the beginning of a new era, one of intelligent and sustainable economic growth in Vietnam.

2. XBStation’s role and commitment in LAEP

Currently, LAEP consists of 10 groups of technology corporations, financial institutions, and startups (such as FPT, VinaCapital,...) working together to build strategies and lay the foundation for Vietnam’s vision of becoming the global drone capital. The alliance is chaired by Mr. Nguyen Van Khoa, CEO of FPT Corporation, with two vice chairmen: Mr. Don Lam, founder and CEO of VinaCapital, and Mr. Tran Anh Tuan, CEO of the Vietnam UAV Network.

Among the members of LAEP is XB Station. Mr. Phung Thanh Trinh, Vice Chairman of the Vietnam UAV Network and Founder & CEO of XB Station, represented the company at the event.

XB Station is one of the leading enterprises specializing in drone and UAV connectivity and control solutions. According to Mr. Trinh, the company is currently conducting several research and technology application projects, including

- Unmanned Traffic Management (UTM) System: Connecting regulatory agencies, operators, and UAV devices through a real-time data platform to ensure safe and efficient flight operations.

- Drone delivery technologies for logistics, healthcare, and emergency response, particularly in remote or hard-to-reach areas.

- Accelerating digital transformation in low-altitude airspace to help shape a billion-dollar low-altitude economy in Vietnam.

These initiatives demonstrate XB Station’s strong commitment to building a robust technological foundation for the development of Vietnam’s low-altitude economy. From that on, UAVs and drones will become essential and widely adopted tools across economic, cultural, and social sectors.

3. About XBStation

XBStation is a Vietnamese technology company specializing in the research and development of connectivity, control, and data transmission solutions for UAVs. Some of its feature products include:

- XBLink SAT: A satellite-based connectivity device that enables enterprises to operate drones/UAVs beyond visual line of sight (BVLOS) and autonomously in areas without network coverage or with weak mobile signals.

- XBLink Plus: A connectivity device for drones that uses a Nano SIM and MavLink connection to transmit data between the flight controller and the management application.

And many other innovative products…

XBStation continuously innovates to deliver solutions that empower drones and UAVs to operate efficiently and stay globally connected.

At present, XBStation is collaborating with both domestic and international partners to promote UAV/drone applications. Through these efforts, the company contributes to the development of Vietnam’s digital infrastructure. and bringing the nation closer to a sustainable low-altitude economy.