Central Vietnam province Quang Tri to develop 'four-in-one' airport urban complex
With Quang Tri Airport scheduled to begin operations in Q2/2026, the central province of Quang Tri is urgently reviewing legal frameworks and planning to establish an integrated aviation industrial and airport urban complex.
Accelerating launch of Quang Tri Airport
The Quang Tri Airport project, officially launched in July 2024, is developed under the public-private partnership (PPP) model by a consortium of Vietnamese firms T&T Group and Cienco 4, with a total investment of over VND5.8 trillion ($219.7 million).
This will be the second airport in Vietnam developed under the PPP model, following the Sun Group-invested Van Don International Airport in the northern province of Quang Ninh. The project duration is 50 years, with 24 months for preparation and construction, and 47 years and 2 months for operation and capital recovery.
An illustration of Quang Tri airport urban complex in Quang Tri province, central Vietnam. Photo courtesy of CPG Signature Pte Ltd.
After a recent working session with the Standing Board of the Quang Tri provincial Party Committee, Prime Minister Pham Minh Chinh asked the committee to coordinate with investors and related units to accelerate construction of Quang Tri Airport. He set an aim for early project completion in celebration of the April 30, 2026 holiday.
The Prime Minister also tasked the Ministry of Construction with reviewing Quang Tri’s proposal to upgrade the airport classification (potentially to accommodate A350 aircraft and modular terminal expansion) as part of the national airport system development plan for the 2021-2030 period, with a vision to 2050.
In terms of urban development, the cabinet leader called on Quang Tri authorities to proactively review and adjust relevant master plans, particularly the area between the Ben Hai and Thach Han rivers, to develop a “four-in-one” airport urban model. This model integrates urban living, industry, high-tech science, and services, with the airport as its hub.
10,800 hectares planned for aviation-urban complex
T&T Group and Malaysia-based multinational Capital A recently met with Quang Tri authorities to propose an aviation industrial and airport urban complex in the province.
Le Duc Tien, Vice Chairman of the Quang Tri People's Committee, welcomed the proposal, noting that the development aligns with the province's strategy to attract strategic investment projects.
The proposed complex includes a center for air transportation and logistics; facilities for aircraft manufacturing, assembly, maintenance, and repair; a center for research, training, and aviation testing; e-commerce zones and mixed-use urban-commercial-service areas; and high-tech industrial parks, including sectors such as semiconductors and new material manufacturing.
This vision is consistent with the province's strategic direction and the functional zones proposed in the updated master plan for the Southeast Quang Tri Economic Zone.
Based on the consortium’s proposal, Quang Tri authorities will review and submit recommendations to relevant decision-making bodies to incorporate the complex into the updated provincial master plan for 2021-2030 with a vision to 2050, as well as the revised master plan for the Southeast Quang Tri Economic Zone and other relevant sectoral plans. This is to ensure the legal basis for establishing the aviation industrial and airport urban complex.
Earlier in 2025, T&T Group, along with consultants from Singapore, proposed a master plan for an integrated complex that features aviation industry, logistics, services, and airport-related commerce.
The People's Committee of the former Quang Tri province had agreed on a plan to allocate approximately 3,400 hectares for the airport urban zone. This includes areas for urban development, commercial services, logistics, and high-tech/semiconductor industries, forming the core from which surrounding zones would expand.
In addition, a connected aviation industrial ecosystem of around 7,000 hectares is planned. This open-space, strongly interconnected design aims to establish Quang Tri as a regional- and international-scale airport urban complex.
On July 1, 2025, the former Quang Tri province and its neighbouring Quang Binh were merged into the new Quang Tri province.
- Read More
Southern Vietnan port establishes strategic partnership with Japan’s Port of Kobe
Long An International Port in Vietnam’s southern province of Tay Ninh and Japan’s Port of Kobe on Monday signed an MoU establishing a strategic port partnership which is expected to boost trade flows, cut logistics costs, and deliver greater benefits to businesses across the region.
Companies - Wed, November 19, 2025 | 10:14 am GMT+7
Thaco's agri arm seeks to expand $44 mln cattle project in central Vietnam
Truong Hai Agriculture JSC (Thaco Agri), the agriculture arm of conglomerate Thaco, looks to aggressively expand its flagship cattle farming project in the central Vietnam province of Gia Lai.
Industries - Wed, November 19, 2025 | 9:56 am GMT+7
Japan food major Acecook eyes new plant in southern Vietnam
Acecook, a leading instant noodle maker with 13 plants operating in Vietnam, is studying a new project in the southern province of Tay Ninh.
Industries - Wed, November 19, 2025 | 9:39 am GMT+7
Vietnam’s largest Aeon Mall to take shape in Dong Nai province
Authorities of Dong Nai province, a manufacturing hub in southern Vietnam, on Monday awarded an investment registration certificate to Japanese-invested Aeon Mall Vietnam Co., Ltd. for its Aeon Mall Bien Hoa project.
Industries - Tue, November 18, 2025 | 8:17 pm GMT+7
Police propose prosecuting Egroup CEO Nguyen Ngoc Thuy for fraud, bribery
Vietnam’s Ministry of Public Security has proposed prosecuting Nguyen Ngoc Thuy, chairman and CEO of Hanoi-based education group Egroup, along with 28 others, for fraud to appropriate property, giving bribes, and receiving bribes.
Society - Tue, November 18, 2025 | 4:01 pm GMT+7
Singapore-backed VSIP eyes large urban-industrial complex in southern Vietnam
A consortium involving VSIP, a joint venture between local developer Becamex IDC and Singapore’s Sembcorp, plans a large-scale urban-industrial development named the "Moc Bai Xuyen A complex along the Tay Ninh-Binh Duong economic corridor in southern Vietnam.
Industrial real estate - Tue, November 18, 2025 | 2:38 pm GMT+7
Aircraft maintenance giant Haeco to set up $360 mln complex in northern Vietnam
Hong Kong-based Haeco Group, Vietnam's Sun Group, and some other partners plan to invest $360 million in an aircraft maintenance, repair and overhaul (MRO) complex at Van Don International Airport in Quang Ninh province - home to UNESCO-recognized natural heritage site Ha Long Bay.
Industries - Tue, November 18, 2025 | 2:13 pm GMT+7
Thai firm opens 20,000-sqm shopping center in central Vietnam hub
MM Mega Market Vietnam (MMVN), a subsidiary of Thailand's TCC Group, on Monday opened its MM Supercenter Danang, a 20,000 sqm commercial complex with total investment capital of $20 million, in Danang city.
Real Estate - Tue, November 18, 2025 | 12:20 pm GMT+7
Vietnam PM asks Kuwait fund to expand investment in manufacturing, logistics, renewable energy
Prime Minister Pham Minh Chinh on Monday called on the Kuwait Fund for Arab Economic Development (KFAED) to strengthen cooperation with Vietnam, particularly in the areas of industrial production, logistics, renewable energy, green economy, and the Halal ecosystem.
Economy - Tue, November 18, 2025 | 11:53 am GMT+7
Thai dairy brand Betagen to build first plant in Vietnam
Betagen, a famous Thai dairy brand, plans to build its first manufacturing plant in Vietnam, located in the southern province of Dong Nai.
Industries - Tue, November 18, 2025 | 8:49 am GMT+7
Banks dominate Vietnam's Q3 earnings season, Novaland posts biggest loss
Banks accounted for more than half of the 20 most profitable listed companies in Vietnam’s Q3/2025 earnings season, while property developer Novaland recorded the largest loss.
Finance - Tue, November 18, 2025 | 8:24 am GMT+7
Highlands Coffee posts strongest quarterly earnings in 2 years on robust same-store sales
Highlands Coffee, Vietnam’s largest coffee chain, delivered its best quarterly performance in two years, with Q3 EBITDA exceeding PHP666 million ($11.27 million), parent company Jollibee Foods Corporation (JFC) said in its latest earnings report.
Companies - Mon, November 17, 2025 | 10:21 pm GMT+7
Hong Kong firm Dynamic Invest Group acquires 5% stake in Vingroup-backed VinEnergo
VinEnergo, an energy company backed by Vingroup chairman Pham Nhat Vuong, has added a new foreign shareholder after Hong Kong–based Dynamic Invest Group Ltd. acquired a 5% stake, according to a regulatory filing on Saturday.
Companies - Mon, November 17, 2025 | 9:52 pm GMT+7
Thai giant CP’s Q3 Vietnam revenue drops 20% as hog prices slump
Thailand’s Charoen Pokphand Foods PCL (CPF) reported a sharp downturn in its Vietnam business in Q3, making the country its only major market to contract.
Companies - Mon, November 17, 2025 | 4:16 pm GMT+7
Surging demand for gas turbines tightens supply chains, extends lead times: Siemens Energy
Demand for gas turbines is rising rapidly, especially in regions with a surge in data center development, tightening supply chains and extending lead times - factors that investors must closely track during project preparation, according to Siemens Energy.
Companies - Mon, November 17, 2025 | 1:34 pm GMT+7
Novaland completes first phase of restructuring, targets 'returning to growth' from 2027
Novaland, a leading real estate developer in Vietnam, said it has completed the first phase of its multi-year restructuring plan and aims to finish the entire program by end-2026, positioning the company to return to growth from 2027.
Companies - Mon, November 17, 2025 | 12:26 pm GMT+7





















