S Korean architect firm to supervise terminal construction at Long Thanh airport
South Korea's Heerim Architects & Planners has signed a “construction-phase supervision and advisory contract” for the passenger terminal being built at the Long Thanh International Airport in southern Vietnam.
A Monday report of the Korea Economic Daily said the Seoul-headquartered architecture firm will be responsible for design inspection and supervision during the construction phase. It made no mention of the contract’s value, but said its significance lay in Heerim's contribution to the airport’s design.
An artist’s impression of the Long Thanh International Airport passenger terminal. Photo courtesy of Heerim.
In 2018, Heerim was awarded the conceptual design contract for the Long Thanh Airport passenger terminal and it performed the basic design work a year.
The firm also secured in 2021 the contract for detailed design and completed it, the paper said, adding that Heerim was paid 28 billion won ($21.4 million) for the work.
Located in Dong Nai province, about 40 km east of Ho Chi Minh City, the Long Thanh International Airport is a mega project that is expected to ease the burden on the city’s heavily overloaded Tan Son Nhat International Airport.
The VND336.63 trillion ($14.12 billion) project is divided into three phases. The first phase, worth VND110 trillion ($4.64 billion), will consist of a runway, terminal and auxiliary facilities that can serve 25 million passengers per year.
The project kicked off in 2021 and is expected to complete the first phase by 2025. The passenger terminal is the first phase’s largest investment package with a value of VND35.23 trillion ($1.49 billion). It is expected to be completed in 33 months.
In the second phase set for completion by 2035, another runway and terminal will be added, doubling the passenger capacity to 50 million. Other infrastructure that will be built by 2050 in the third phase will further double the airport's capacity to 100 million passengers.
- Read More
Indonesia plans 7 initial waste-to-energy plants next year
Indonesia will start the construction of seven waste-to-energy power plants in 2026 as the first step to develop 33 such facilities by 2029.
Southeast Asia - Mon, November 24, 2025 | 9:23 pm GMT+7
Malaysia predicted to be ASEAN’s second-fastest-growing economy, after Vietnam
Malaysia is poised to become the second-fastest-growing economy in the Association of Southeast Asian Nations (ASEAN) after Vietnam, data showed.
Southeast Asia - Mon, November 24, 2025 | 9:19 pm GMT+7
Thailand SCG-backed Bien Hoa Packaging plans delisting from HCMC bourse
Bien Hoa Packaging JSC, a 57-year-old manufacturer in Vietnam, plans to scrap its public-company status and delist from the Ho Chi Minh Stock Exchange (HoSE) as its free float fell below the minimum threshold under local securities law.
Companies - Mon, November 24, 2025 | 9:06 pm GMT+7
Real estate, industrials sectors lead in October M&A value in Vietnam
Grant Thornton analysts provide an insight to capital flows, the sectors attracting investor attention, and the market dynamics influencing the merger and acquisition (M&A) landscape in Vietnam in October.
Economy - Mon, November 24, 2025 | 4:39 pm GMT+7
Tobacco giant Vinataba to sell entire stake in instant noodle maker Colusa-Miliket
State-owned Vietnam National Tobacco Corporation (Vinataba) plans to divest its entire 20% stake in Colusa-Miliket, the company behind the iconic “Miliket” (two-shrimp) instant noodle brand, seeking to raise at least VND114 billion ($4.32 million).
Companies - Mon, November 24, 2025 | 4:10 pm GMT+7
VinSpeed cannot participate in North-South high-speed rail project under PPP model: exec
Pham Nhat Vuong, founder of VinSpeed High-Speed Rail Investment and Development JSC, has mapped out a clear 30-year financing plan for the gigantic North-South high-speed rail project, said an executive at Vingroup, a VinSpeed investor.
Infrastructure - Mon, November 24, 2025 | 3:51 pm GMT+7
Delivery major Viettel Post plans $21 mln logistics center in central Vietnam
Viettel Post, the courier arm of military-run telecom giant Viettel, has completed a site survey for a planned 21-hectare logistics center in the central province of Ha Tinh, with an estimated investment of nearly VND550 billion ($20.87 million).
Industries - Mon, November 24, 2025 | 11:49 am GMT+7
Honda Mobilityland eyes 600-ha sports, entertainment, tourism complex in southern Vietnam
Honda Mobilityland Corporation, a subsidiary of Japan’s Honda Motor Co., plans to build an international circuit in Tay Ninh province, towards developing a 600-hectare sports, entertainment, and tourism complex there.
Industries - Mon, November 24, 2025 | 11:23 am GMT+7
State-controlled shipping line Vosco steps up coal trading to seek new revenue drive
Vietnam Ocean Shipping JSC (Vosco), controlled by the state-run Vietnam Maritime Corporation, is moving deeper into coal trading as the shipping line increasingly bids for large import contracts for thermal power plants, marking a push beyond its core maritime transport business.
Companies - Mon, November 24, 2025 | 8:36 am GMT+7
Vietnam SOEs need tailored mechanisms, greater autonomy to accelerate tech investment, innovation: execs
Vietnam's state-owned enterprises (SOEs) need flexible, tailored mechanisms to make rapid decisions, maintain a leading role, drive innovation, and boost competitiveness, said company executives.
Companies - Sun, November 23, 2025 | 8:16 pm GMT+7
Café Amazon retreats, Mixue scales down in Vietnam over intense competition
Vietnam’s food and beverage (F&B) sector is seeing a wave of closures and market exits as rising competition and shifting consumer preferences squeeze profit margins.
Economy - Sun, November 23, 2025 | 2:36 pm GMT+7
Vietnam Education Publishing House strengthens cooperation with Malaysia’s Pelangi Publishing Group
Vietnam Education Publishing House (VEPH) met with Malaysia’s Pelangi Publishing Group in mid November to expand professional exchange and explore deeper cooperation in educational publishing.
Companies - Sun, November 23, 2025 | 12:21 pm GMT+7
French energy giant plans $500 mln investment in green Vietnam projects
French green hydrogen infrastructure developer HDF Energy is looking to invest $500 million in potential energy and transport projects across Vietnam, particularly the southern economic hub of Ho Chi Minh City.
Energy - Sun, November 23, 2025 | 11:29 am GMT+7
Vincom Retail estimated to book $72 mln profit from Hanoi mall sale: broker
Vincom Retail (HoSE: VRE), Vietnam’s leading retail property developer, is set to record an estimated VND1.9 trillion ($72 million) in profit after completing the divestment of its entire equity interest in a Hanoi project last month, according to a report by BSC Securities.
Real Estate - Sun, November 23, 2025 | 8:00 am GMT+7
Market watchdog conference in central Vietnam offers insight into amended securities law
A conference recently held by the State Securities Commission (SSC) in Danang briefed companies and market participants in central Vietnam on amendments to the Securities Law and guiding documents, as part of the authority's 2025 legal dissemination plan.
Finance - Sat, November 22, 2025 | 9:48 pm GMT+7
Central Retail incurs 6% drop in Jan-Sept revenue from Vietnam
Thailand’s top retailer Central Retail posted revenues of nearly THB35.48 billion ($1.09 billion) in Vietnam in the first nine months of this year, down 6.6% year-on-year due to exchange rate fluctuations.
Companies - Sat, November 22, 2025 | 3:32 pm GMT+7




















