Want to be in the loop?
subscribe to
our notification
Business News
CONSTRUCTION PLAN OF LONG THANH AIRPORT TO BE SUBMITTED TO PRIME MINISTER THIS MONTH
In June, the State Appraisal Council will submit the construction plan of phase 1 of Long Thanh International Airport to the prime minister for approval, three months after the deadline.
Although coming three months later than the required by the government, the authorities are still determined to kick off the construction of Long Thanh International Airport in the first quarter of 2021. This information was mentioned in the government’s recent report to the National Assembly.
According to the State Appraisal Council, the main reason of the delay was difficulties in land clearance and compensation to support resettlement. These difficulties are understandable because of the sheer scale of the airport.
At present, Dong Nai People's Committee is focusing on building two resettlement areas for residents in order to be able to hand over land to the investor to begin the construction of the first phase of the airport.
Long Thanh International Airport is one of 48 key transportation projects, 24 of which are already in operation.
The government asked the Ministry of Transport and relevant authorities to complete procedures to license aviation projects, especially those upgrading Noi Bai and Tan Son Nhat international airports.
Notably, from now to 2030, Noi Bai airport will have a third runway and passenger terminal with the capacity of 25 million passengers, increasing the airport's total capacity to 50 million passengers by 2030. After that, a fourth runway will be built, raising the total capacity of the airport to 90 million passengers.
Regarding Tan Son Nhat airport, in early May, a feasibility study for upgrading a runway was sent to the Ministry of Transport for approval. The required VND2 trillion ($86.96 million) of funds would come from the state budget. Accordingly, VND1.5 trillion ($65.2 million) would go to construction and the remainder to equipment purchases.
Runway 25R/07L, one of the airport's two runways, will be upgraded to handle larger modern aircraft that have been designed after it was built. This work is expected to take six months once approved, while other supporting infrastructure will be completed over the course of 14 months.
Tan Son Nhat airport handled over 40 million passengers last year, well over its designed capacity of 25 million. This runway upgrade is part of a plan to expand the facility's limit to 50 million passengers per year. A third terminal has also been proposed, though no work has begun.
Source: VIR
Related News
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY
Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES
On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.
INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH
International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.
HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS
HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.
VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY
Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.
























