Vietnam to launch first remote sensing satellite into orbit

Vietnam will launch the first remote sensing satellite, VNREDSat-1, into orbit on May 4 from the Kourou launch pad, Guyana, France, reported the Communist Party of Vietnam (CPV) on its website, quoting sources from the Vietnam Academy of Science and Technology as saying. Specifically, the VNREDSat-1 Project has a total investment of 55.8 million EUR (73.3 million U.S. dollars) in preferential Overseas Development Assistance (ODA) of the French government and 64,820 million VND (3.1 million U.S. dollars) in corresponding capital from Vietnam. More

(Source: Xinhua - May 4)