HCMC-Long Thanh airport railway project seeks foreign investors

An artist's impression of Long Thanh international airport in the southern province of Dong Nai. Photo courtesy of Airports Corporation of Vietnam (ACV).
A 38 km light railway connecting Ho Chi Minh City’s Thu Thiem urban area with Long Thanh international airport in Dong Nai province is seeking foreign investors.
Deputy Prime Minister Le Van Thanh on Wednesday directed the Ministry of Transport to partner with authorities of Dong Nai, Ba Ria-Vung Tau province and HCMC to establish Thu Thiem-Long Thanh international airport and Bien Hoa-Vung Tau light rails.
The HCMC-Long Thanh project will be capitalised at VND40.5 trillion ($1.77 billion).
The 84 km Bien Hoa-Vung Tau railway, worth VND50 trillion ($2.19 billion), begins at Trang Bom station in Bien Hoa town of Dong Nai and ends at Cai Mep-Thi Vai port in Ba Ria-Vung Tau.
Both projects are on the transport ministry’s proposed list of national projects seeking foreign investment in the period 2021-2025 and included in its railway network development plan for 2021-2030, with a vision to 2050.
Dong Nai authorities last December asked for government permission to invest in the two projects under the form of public-private partnership (PPP).
According to the railway plan 2021-2030, there will be four railway lines in southern Vietnam by 2030, namely the two mentioned-above railways, the 174 km HCMC-Can Tho route (from An Binh station to Cai Rang station), and the 128 km HCMC-Loc Ninh line (from Di An station to Hoa Lu border gate at the Vietnam-Cambodia border).
Also on Wednesday, the Airports Corporation of Vietnam (ACV) kicked off construction on the Long Thanh international airport’s passenger terminal which can accommodate 25 million passengers.
The VND336,630 billion (about $16 billion) Long Thanh airport has an annual capacity of 100 million passengers and 5 million tons of cargo.
The project is divided into three phases, of which the first phase costs $5.45 billion and is set to be up and running in 2025. This comprises of the construction of take-off and landing runways, parking lots, air traffic control centers, cargo terminals, two six-lane roadways connecting the airport to the National Highway 51 and the HCMC-Long Thanh-Dau Giay expressway.
Long Thanh airport, about 40 km east of HCMC, will be Vietnam’s largest when completed, helping to ease the traffic density of Tan Son Nhat airport in HCMC.
- Read More
Indonesia to end incentives for imported CBU BEVs in 2026
The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.
Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7
Aquatic sector advised to navigate challenges, secure exports to EU, US
Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.
Companies - Tue, September 16, 2025 | 9:41 pm GMT+7
Vietnam pledges favorable conditions for UK businesses
Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.
Companies - Tue, September 16, 2025 | 9:29 pm GMT+7
Lotte Shopping plans to open more shopping malls in Vietnam
South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.
Companies - Tue, September 16, 2025 | 9:25 pm GMT+7
Vietnam ratifies WTO Agreement on Fisheries Subsidies
Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.
Companies - Tue, September 16, 2025 | 9:21 pm GMT+7
What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?
NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.
Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7
Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026
Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.
Industries - Tue, September 16, 2025 | 3:54 pm GMT+7
Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex
A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.
Industries - Tue, September 16, 2025 | 2:44 pm GMT+7
Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout
Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.
Energy - Tue, September 16, 2025 | 1:44 pm GMT+7
Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers
Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.
Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7
Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister
Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.
Economy - Tue, September 16, 2025 | 9:36 am GMT+7
Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry
The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.
Finance - Tue, September 16, 2025 | 8:00 am GMT+7
E-commerce boom a major driver of Vietnam's packaging paper industry growth
Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.
Companies - Mon, September 15, 2025 | 10:20 pm GMT+7
Vietnam needs support from UK in developing international financial center: Deputy PM
Permanent Deputy Prime Minister Nguyen Hoa Binh has called on the UK and the City of London to continue supporting and accompanying Vietnam in promoting and introducing its international financial center (IFC).
Finance - Mon, September 15, 2025 | 10:12 pm GMT+7
Vietnam enforces 8% capital adequacy ratio for banks from Sept 15
Commercial banks and foreign bank branches in Vietnam must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital, starting from September 15.
Banking - Mon, September 15, 2025 | 10:04 pm GMT+7
Tool for wood traceability management debuts in Vietnam
The Vn-WoodID application has been officially launched in Vietnam, becoming a key tool contributing to wood traceability.
Companies - Mon, September 15, 2025 | 10:00 pm GMT+7