Korea Aerospace Industries Ltd (KAI) on August 2 announced the recruitment of 50 Vietnamese workers for small and medium-sized partners through GAET, a public enterprise under the Vietnamese Ministry of National Defence.

The KP Aero Industries Co.Ltd from the Republic of Korea on January 30 held a ground-breaking ceremony to start the construction of its KP Vina Aircraft Component factory with an investment of 20 million USD at Da Nang Hi-Tech Park in Hoa Vang district, the central city of Da Nang.

Malaysia's aerospace industry is on track to meet its revenue target of 18 billion RM (about 3.84 billion USD) this year, with the industry expected to grow even faster next year as its product portfolio for the global aerospace supply chain expands.

NanoDragon, a nano-layer cubesat satellite developed by the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology, is scheduled to be launched into orbit from Japan on October 1.

FPT Software-a subsidiary company of Vietnam’s leading technology firm FPT Corporation-has assisted Airbus in collecting, standardising and integrating data on the Skywise platform.

Thailand’s Board of Investment (BoI) has laid out a plan to attract aerospace investment to U-Tapao airport in 2019 as part of the Government’s Eastern Economic Corridor (EEC) development.