Aviation authority adds 2 airports to master plan
The Civil Aviation Authority of Vietnam (CAAV) has suggested adding Thanh Son and Bien Hoa airports in the southern provinces of Ninh Thuan and Dong Nai to the national aviation master plan for 2021-2030, with vision until 2050.
Noi Bai International Airport in Hanoi, northern Vietnam. Photo courtesy of the airport.
Thanh Son, a military airport in the south-central province of Ninh Thuan, is set to serve 1.5 million passengers by 2030 and three million by 2050.
Ninh Thuan, a renewable energy hub, does not have a civil airport, so people have to travel via Cam Ranh Airport in the nearby province of Khanh Hoa.
The Bien Hoa airbase in Dong Nai province is aiming to serve 10 million passengers a year, easing the workload on the under-construction Long Thanh International Airport in Dong Nai and the Tan Son Nhat International Airport in Ho Chi Minh City. Dong Nai is a manufacturing hub in southern Vietnam.
The CAAV has proposed conditions to convert the military airports of Thanh Son and Bien Hoa into dual-use operations when it can find investors.
In December, the CAAV added Thanh Son and Bien Hoa military airbases to the draft airport planning for 2030, with vision until 2050.
The authority also proposed putting other military airports into dual-use, including Yen Bai in Yen Bai province and Gia Lam in Hanoi. However, research results must be reported to the Prime Minister for consideration.
For localities that currently do not have airports, the CAAV said it will continue assessing planning capabilities in a number of provinces with strategic defense and security positions and potential for tourism development.
They include Ha Giang (Bac Quang district), Tuyen Quang (Ham Yen district), Ha Tinh (Cam Xuyen district), Kon Tum (Mang Den town, Kon Plong district), Quang Ngai (Ly Son island), Binh Thuan (Phu Quy island), Khanh Hoa (Van Phong Economic Zone, Van Ninh district), Dak Nong (Dak Glong district), and Tay Ninh (Duong Minh Chau district).
Vietnam is currently operating 22 out of its 23 planned airports. Under the plan, the number of airports in Vietnam will rise to 30 by 2030 and to 33 by 2050.
- Related News
- Read More
Vietnam's Maritime Bank plans 20% stock dividend payout
Vietnam Maritime Commercial Joint Stock Bank (MSB) plans to issue up to 520 million shares as stock dividends, equivalent to 20% of its outstanding shares at the record date.
Banking - Mon, July 7, 2025 | 5:30 pm GMT+7
Vietnam's shipping major Vinaship to pay first cash dividends after 14 years
Vinaship, a major shipping firm in Vietnam, plans to pay cash dividends for the first time in the past 14 years, at a total of approximately VND20.4 billion ($779,670).
Companies - Mon, July 7, 2025 | 4:36 pm GMT+7
Vietnam, Brazil eyes joint coffee exchange
Vietnam and Brazil will sign a food security agreement which includes plans to explore a joint coffee exchange and possibility of building a shared bilateral coffee brand.
Economy - Mon, July 7, 2025 | 4:02 pm GMT+7
Vietnamese property major Hoang Huy’s subsidiary plans new share issuance before HoSE listing
CRV Real Estate Group JSC, a member of Vietnam's major property developer Hoang Huy Group, has approved a plan to issue an additional 16.81 million shares to existing shareholders at a 40:1 ratio and the price of VND26,000 ($1) per share.
Companies - Mon, July 7, 2025 | 2:29 pm GMT+7
Credit to drive Vietnam’s bank industry earnings in 2025: broker
The Vietnamese banking industry’s pre-tax profit could grow 18% in 2025 from the pervious year, driven by strong credit expansion, according to the Hanoi-based Vietcombank Securities (VCBS).
Banking - Mon, July 7, 2025 | 11:57 am GMT+7
Central Vietnam hub Danang lures strategic investors for int’l financial center
More than 10 investors have expressed interest in the development of an international financial center in the central city of Danang.
Economy - Mon, July 7, 2025 | 9:56 am GMT+7
FDI firms most optimistic about Q3 business outlook in Vietnam: survey
Up to 81% of foreign-invested enterprises in Vietnam forecast improved or stable business conditions in Q3/2025 as compared to Q2, according to a survey by the General Statistics Office (GSO) on business trends among manufacturing and processing companies.
Economy - Mon, July 7, 2025 | 8:46 am GMT+7
Listed Vietnamese companies almost not involved in 'transshipping': Dragon Capital
Only about 1.5% of the total revenue of Vietnamese companies listed on the Ho Chi Minh Stock Exchange (HoSE) comes from exports to the U.S., meaning "transshipping" is almost irrelevant, says Dragon Capital, a leading foreign-run asset management firm in Vietnam.
Economy - Sun, July 6, 2025 | 1:39 pm GMT+7
Indonesia maintains lowest debt ratio among G20 members
Indonesia’s external debt-to-GDP ratio stood at 30.6% in the first quarter of 2025, the lowest among the Group of Twenty (G20) comprising major developed and emerging economies, according to data from the Bank of Indonesia.
Southeast Asia - Sun, July 6, 2025 | 11:27 am GMT+7
Thailand's digital GDP expected to grow 6.2% this year
The Digital Economy and Society (DES) Ministry of Thailand expects digital GDP this year to expand by 6.2% year-on-year, despite the potential impact of the U.S.'s reciprocal tariffs.
Southeast Asia - Sun, July 6, 2025 | 10:44 am GMT+7
Healthcare M&As surge in Vietnam on foreign capital inflows
Despite a global downturn in healthcare M&A activity, Vietnam’s market has witnessed major deals in the first half of 2025.
Finance - Sun, July 6, 2025 | 10:40 am GMT+7
Vietnam’s cement giant Vicem posts profit after 2 years of losses
After two consecutive years of losses, Vietnam Cement Industry Corporation (Vicem) has reported a consolidated after-tax profit of over VND34 billion ($1.3 million) in the first half of 2025.
Companies - Sun, July 6, 2025 | 8:00 am GMT+7
Indonesia, Saudi Arabia sign $10 bln deal on green projects
Indonesia’s sovereign wealth fund (SWF) Danantara has signed an MoU with ACWA Power, a Saudi Arabian leading green energy corporation, to explore investments in renewable energy projects with total funding estimated at up to $10 billion.
Southeast Asia - Sat, July 5, 2025 | 11:26 pm GMT+7
Thailand yet to reach tariff deal with US: official
Thailand has yet to conclude negotiations with the U.S. on reciprocal tariffs but has gained “valuable insights” that will guide the development of a revised proposal, Thai Deputy Prime Minister Pichai Chunhavajira said on Friday.
Southeast Asia - Sat, July 5, 2025 | 11:24 pm GMT+7
Soilbuild International starts work on $60 mln ready-built industrial facility project in northern Vietnam
Singapore-based real estate developer Soilbuild International has broken ground on a $60 million ready-built industrial facility in Vietnam’s northern province of Hung Yen.
Industrial real estate - Sat, July 5, 2025 | 11:20 pm GMT+7
Phu Quoc casino owner issues $91.67 mln bonds in capital restructuring
Phu Quoc Tourism Development and Investment JSC, owner of the Corona casino on Vietnam’s resort island of Phu Quoc, has completed the issuance of VND2.4 trillion ($91.67 million) in five-year bonds as part of its capital restructuring plan.
Companies - Sat, July 5, 2025 | 5:54 pm GMT+7
