Dong Nai plans urban area development to exploit new airport

By Ba Thao
Mon, August 15, 2022 | 11:20 pm GMT+7

The southern province of Dong Nai will develop five major urban areas to cash in on the Long Thanh International Airport, set to become the largest one in the country.

The five areas are the towns of Bien Hoa and Long Khanh and the districts of Nhon Trach, Trang Bom and Long Thanh.

Under a development plan for the region already approved by the government, Long Thanh district will serve as a satellite town to support regional development. It is envisaged as an industrially developed district by 2030; and an urban and industrial area by 2040 with world-class trade activity and services as well as a sustainable agriculture and forestry sector.

The Airports Corporation of Vietnam (ACV) plans to start construction of the Long Thanh International Airport’s first passenger terminal this October.

Covering more than 5,580 hectares, the new airport will spread across six communes in Long Thanh district.

The construction will be done in three phases. In the first one, set for completion in 2025, a runway and a passenger terminal, along with other supporting facilities will be built to annually serve 25 million passengers and 1.2 million tons of cargo.

An artist’s impression of Long Thanh International Airport in Dong Nai province, southern Vietnam. Photo courtesy of ACV.

An artist’s impression of Long Thanh International Airport in Dong Nai province, southern Vietnam. Photo courtesy of ACV.

The airport, about 40 kilometers from downtown HCMC, is expected to relieve overloading at the Tan Son Nhat International Airport in HCMC. Once it is fully completed in 2050, it will be able to handle 100 million passengers and five million tons of cargo annually.

Alongside the Long Thanh airport, other key national infrastructure projects are underway, including the Phan Thiet-Dau Giay, Ben Luc-Long Thanh, Bien Hoa-Vung Tau expressways, together with Ring Road 3 in the Greater HCMC region.

Dong Nai province, part of the Southern Key Economic Zone along with HCMC, Long An, Binh Duong, Tay Ninh, and Ba Ria-Vung Tau, has the manufacturing industry as its main growth driver. It is also a major foreign direct investment (FDI) destination. Japan, South Korea, and Taiwan are among the leading investors in the province.

Comments (0)
  • Read More
Vietnam signs deals to import nearly $3 bln worth of US agricultural products

Vietnam signs deals to import nearly $3 bln worth of US agricultural products

Vietnamese businesses accompanying Minister of Agriculture and Environment Do Duc Duy on a six-day visit to the U.S. signed multiple agreements to import nearly $3 billion worth of American agricultural products, expanding bilateral cooperation in the agricultural sector.

Economy - Sun, June 8, 2025 | 10:33 am GMT+7

EPC contract signed for O Mon IV thermal power project in southern Vietnam

EPC contract signed for O Mon IV thermal power project in southern Vietnam

An EPC contract signing ceremony for the O Mon IV thermal power project in Can Tho city took place on Friday, at the headquarters of state-owned Petrovietnam - the investor.

Energy - Sun, June 8, 2025 | 8:00 am GMT+7

Vietnam's agri major Hoang Anh Gia Lai ventures into mulberry cultivation, coffee production

Vietnam's agri major Hoang Anh Gia Lai ventures into mulberry cultivation, coffee production

After overcoming two major obstacles - debt and accumulated losses - Vietnam's agri major Hoang Anh Gia Lai JSC (HoSE: HAG) is charting a bold five-year strategic roadmap, introducing two new business segments: mulberry cultivation and coffee-tea production.

Companies - Sat, June 7, 2025 | 4:35 pm GMT+7

Stock trading accounts hit 10 mln in Vietnam

Stock trading accounts hit 10 mln in Vietnam

Vietnam recorded a large increase in the number of stock trading accounts in April and May, when the U.S. tariff turbulence caused strong market fluctuations.

Finance - Sat, June 7, 2025 | 3:38 pm GMT+7

Thailand’s SCG books $301 mln in Q1 sales from Vietnam

Thailand’s SCG books $301 mln in Q1 sales from Vietnam

Siam Cement Group (SCG) reported sales of VND7.77 trillion ($301 million) in Vietnam in Q1/2025, reflecting the country as a key market for the Thai conglomerate in Southeast Asia.

Companies - Sat, June 7, 2025 | 9:54 am GMT+7

Vietnam’s energy firm identifies 3 emissions violations among Vietnamese enterprises

Vietnam’s energy firm identifies 3 emissions violations among Vietnamese enterprises

Looking ahead, 2030 is a milestone year, as major global brands such as Unilever, Nestlé, H&M, and Nike have committed to cutting Scope 1 and Scope 2 emissions by 50-65%, said Pham Dang An, CEO of Vu Phong Energy Group, a major developer of clean energy in Vietnam.

Companies - Sat, June 7, 2025 | 8:00 am GMT+7

Deal acquiring financial firm of Vietnam's SeABank invalid: Aeon Financial

Deal acquiring financial firm of Vietnam's SeABank invalid: Aeon Financial

Aeon Financial Service Co., Ltd. on Friday stated that its deal to purchase a financial company owned by Vietnam's SeABank is invalid due to "inappropriate accounting transactions."

Finance - Fri, June 6, 2025 | 11:57 pm GMT+7

VSAP LAB to build $69 mln chip packaging tech laboratory in central Vietnam

VSAP LAB to build $69 mln chip packaging tech laboratory in central Vietnam

Vietnamese private firm VSAP LAB JSC has been approved as the investor of a VND1.8 trillion ($69.11 million) advanced packaging technology laboratory project that will assist semiconductor production in the central city of Danang.

Industries - Fri, June 6, 2025 | 8:11 pm GMT+7

Vietnam's major property developer Hoang Huy successfully raises $30.7 mln from parent company

Vietnam's major property developer Hoang Huy successfully raises $30.7 mln from parent company

Hoang Huy Investment Services JSC (HoSE: HHS) has successfully issued 64 million shares for VND800 billion ($30.7 million) via private placement to its parent company – Hoang Huy Financial Services Investment JSC (TCH).

Companies - Fri, June 6, 2025 | 3:32 pm GMT+7

Subsidiaries, affiliates likely not to enjoy preferential corporate income tax in Vietnam

Subsidiaries, affiliates likely not to enjoy preferential corporate income tax in Vietnam

Subsidiaries and affiliates of enterprises in Vietnam might not be eligible for preferential corporate income tax (CIT) rates of 15-17%, in order to prevent abuse of incentives like splitting income for tax avoidance, according to the Financial and Economic Committee under the National Assembly, the country's legislature.

Finance - Fri, June 6, 2025 | 3:22 pm GMT+7

VPS Securities JSC named Vietnam’s best broker again by The Asset

VPS Securities JSC named Vietnam’s best broker again by The Asset

VPS Securities JSC (VPS) has once again been honored as the “Best Brokerage House in Vietnam” at the Triple A Awards 2025, presented by The Asset, a leading Asia-focused financial publication.

Companies - Fri, June 6, 2025 | 11:40 am GMT+7

Vietnam's agri major BAF eyes two 6-story buildings for pig farming in southern Vietnam

Vietnam's agri major BAF eyes two 6-story buildings for pig farming in southern Vietnam

BAF Vietnam Agriculture JSC has submitted a proposal to the Ministry of Agriculture and Environment to develop a smart pig farming complex including two six-story buildings in the southern provinces of Tay Ninh and Binh Phuoc.

Industries - Fri, June 6, 2025 | 11:20 am GMT+7

Food major Kido leaders reveal real estate ambitions

Food major Kido leaders reveal real estate ambitions

Leaders of Kido Group, a leading Vietnamese food and cooking oil producer, said they see many positive policies that are helping to ease real estate market difficulties and create favorable conditions for the company to develop projects on its land reserves.

Real Estate - Fri, June 6, 2025 | 11:03 am GMT+7

Indonesia accelerates procedures to join OECD

Indonesia accelerates procedures to join OECD

The Indonesian Government has finalised the preparation of the Initial Memorandum (IM) for its accession to the Organisation for Economic Co-operation and Development (OECD), which will be submitted to OECD Secretary-General Matthias Cormann in Paris, France.

Southeast Asia - Fri, June 6, 2025 | 10:16 am GMT+7

OECD lowers Indonesia's growth forecast to 4.7%

OECD lowers Indonesia's growth forecast to 4.7%

The Organisation for Economic Cooperation and Development (OECD) has lowered its forecast for Indonesia's economic growth down to 4.7% this year, from the previous 4.9%, due to weakened domestic sentiment and heightened external risks.

Southeast Asia - Fri, June 6, 2025 | 10:15 am GMT+7

Vietnam, US sign additional agricultural trade deals worth over $600 mln

Vietnam, US sign additional agricultural trade deals worth over $600 mln

Vietnam and the U.S. on Wednesday signed MoUs on importing animal feed materials from Ohio state with total value exceeding $600 million.

Economy - Fri, June 6, 2025 | 10:03 am GMT+7