Sun Group, US Embassy foster aviation-hospitality cooperation
Sun Group, in collaboration with the U.S. Embassy in Vietnam, hosted the U.S.-Vietnam Aviation Partnership Roundtable last Friday, bringing together 15 leading American corporations in aviation, technology, and financial services.
The event aimed to open up new opportunities to position Phu Quoc, Vietnam's largest island, as a new aviation and tourism hub in the region.
Sun Group, in collaboration with the U.S. Embassy in Vietnam, hosts the U..S-Vietnam Aviation Partnership Roundtable on September 12, 2025. Photo courtesy of Sun Group.
The U.S.-Vietnam Aviation Partnership Roundtable was attended by U.S. Ambassador to Vietnam Marc Knapper, together with representatives from 15 leading American corporations in aviation, technology, and financial services, including global names such as Amazon Web Services (AWS), Cisco Systems, Collins Aerospace, GE Aerospace, Honeywell, United Airlines, Rapiscan Systems, Gulfstream, BNP Associates, Corgan, Gensler, Hill International, KBR, Oshkosh AeroTech, and Otis Elevator.
Their presence at the roundtable not only demonstrated the vast potential for cooperation, but also reaffirmed the international community’s confidence in the growth of Vietnam’s aviation and tourism industries.
The roundtable was regarded as one of the largest international aviation cooperation events held in Vietnam this year. It was positioned as an investment promotion platform, where businesses from both countries - particularly in the fields of aviation and hospitality - had the opportunity to meet, exchange insights, and explore new avenues for cooperation.
Within the framework of the roundtable, Sun Group introduced Sun PhuQuoc Airways – Vietnam’s first airline pursuing the “resort airline” model, fully invested and developed by the group.
True to its mission reflected in the name, Sun PhuQuoc Airways is building a hub-and-spoke network with Phu Quoc at the center, directly connecting major cities domestically and internationally.
This approach aims to provide every traveler with easier access to Phu Quoc – hailed as the world’s second most beautiful island after the Maldives.
More than an airline, Sun PhuQuoc Airways is positioned as a strategic cornerstone in Sun Group’s diversified ecosystem of experiences on the Pearl Island, encompassing luxury resorts, entertainment complexes, wellness services, shopping, gastronomy, and world-class shows.
Together, they form a seamless journey, where each flight does not simply transport passengers to a destination but ushers them into a complete holiday experience - from the sky to the ground.
In parallel with commercial aviation, Sun Group is implementing plans to upgrade Phu Quoc International Airport to ICAO Code 4E standards, expanding its scale to 1,050 hectares with more than 100 aircraft stands.
This synchronized investment - from ground infrastructure to an advanced airline fleet - demonstrates Sun Group’s long-term and methodical vision, working alongside local authorities to transform Phu Quoc into a new aviation and tourism hub for the region.
At the roundtable, U.S. corporations brought forward a range of cutting-edge solutions. Representatives from leading planning and design firms emphasized the importance of building human-centered “smart airports.”
Technology giants such as Amazon Web Services, Cisco, Collins Aerospace, Honeywell, and Rapiscan presented solutions spanning from cloud computing and data management to advanced security screening and fuel-efficient operations.
Experts from GE Aerospace, Gulfstream, and Honeywell Aerospace further highlighted the global trend toward sustainable aviation, with a strong focus on flight safety, intelligent operations, and the application of sustainable aviation fuel (SAF).
Dang Minh Truong, chairman of Sun Group, said: “For Sun Group, aviation is not merely a means of transportation, but a strategic infrastructure to elevate the stature of a destination. We are building a comprehensive aviation ecosystem — from airport infrastructure to commercial airlines and premium services — with the vision of transforming Phu Quoc from a paradise for leisure into a new aviation and tourism hub of the region.
"The presence of leading US corporations today opens up valuable opportunities for collaboration, enabling us to learn from cutting-edge technologies while reaffirming our commitment to sustainable development and global integration.”
US Ambassador Marc Knapper remarked: “The connections forged today between American aviation leaders and Vietnamese innovators like Sun Group create the foundation for transformative collaboration. By combining cutting-edge US technology with Vietnam's dynamic market growth and visionary private sector leadership, we can accelerate progress toward making Vietnam the premier aviation destination in Southeast Asia.”
The innovative solutions presented by leading international corporations, combined with the strong commitment of Sun Group and Sun PhuQuoc Airways, have marked an important milestone in the journey to transform Phu Quoc into a new global hub for aviation and tourism.
- Read More
Inland port opens in southern Vietnam province Tay Ninh, set to become border logistics hub
The 16.5-hectare Tan Cang-Moc Bai inland port in Tay Ninh province, southern Vietnam has been opened, offering logistics services and handling customs clearance for imports and exports.
Infrastructure - Tue, October 21, 2025 | 12:03 pm GMT+7
State-managed property trading centers will help curb speculation, price manipulation: expert
Establishment of state-managed real estate trading centers is expected to create a transparent transaction channel, helping control and limit speculation and price manipulation in the Vietnamese market.
Real Estate - Tue, October 21, 2025 | 8:37 am GMT+7
Vietnam's benchmark VN-Index records sharpest drop in 25-year history
VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), saw the sharpest decline in its 25-year history on Monday, down by 94.76 points, or 5.47%, to 1,636.43.
Finance - Mon, October 20, 2025 | 5:49 pm GMT+7
Construction contractor Coteccons sets record FY2026 targets, capital base hike via share issue
Coteccons Construction JSC (HoSE: CTD), one of Vietnam’s largest construction contractors, has set ambitious targets for its fiscal year 2026, driven by a record order backlog and its push into international markets.
Companies - Mon, October 20, 2025 | 4:50 pm GMT+7
Real estate, gold markets to be fully established by 2026: Prime Minister
Vietnam plans to complete comprehensive legal framework for its financial, real estate, and gold markets by 2026 as part of a broader effort to modernize market infrastructure and accelerate economic growth, said Prime Minister Pham Minh Chinh.
Finance - Mon, October 20, 2025 | 3:33 pm GMT+7
Vietnam breaks ground on nation’s most advanced domed stadium in Hung Yen province
Vietnam’s Ministry of Public Security has broken ground on a 60,000-seat domed stadium in the northern province of Hung Yen, set to become the country’s most technologically advanced sports venue.
Society - Mon, October 20, 2025 | 2:48 pm GMT+7
Workforce and logistics - keys to sustainable e-commerce growth in Vietnam: experts
Businesses and online shop owners in Vietnam should pay greater attention to human resources and logistics, considering these factors “keys” to competitive advantage in the increasingly volatile e-commerce market, according to experts.
Economy - Mon, October 20, 2025 | 10:54 am GMT+7
Construction stocks ignite Vietnam’s market rally by year-end
FDI inflows into Vietnam are hitting record highs, while faster public investment disbursement and stable construction material costs are fueling a late-year surge in construction stocks, analysts said.
Finance - Mon, October 20, 2025 | 10:44 am GMT+7
Vietnam's central bank struggles to rein in cross-ownership
Cross-ownership and bank manipulation in Vietnam have eased, yet control remains elusive as shareholders and related parties conceal ownership through nominees, the State Bank of Vietnam (SBV) said in a report to the country’s legislature.
Banking - Mon, October 20, 2025 | 8:34 am GMT+7
Viettel Post-invested $27 mln logistics center project breaks ground in central Vietnam
Viettel Post, a subsidiary of military-run Viettel Group, has broken ground on an over VND722 billion ($27.41 million) logistics center project in Danang city, which is expected to enhance the logistics capacity of Vietnam's central and Central Highlands regions.
Industries - Sun, October 19, 2025 | 7:35 pm GMT+7
Vietnam's stock market regulator introduces green bond disclosure handbook
By enhancing transparency and standardizing disclosures, the Green Bond Disclosure Handbook that the State Securities Commission of Vietnam (SSC) introduced will build investor trust, reduce greenwashing risks, and support the growth of a credible and resilient green finance market in Vietnam.
Finance - Sun, October 19, 2025 | 2:11 pm GMT+7
Central Vietnam province Lam Dong seeks investment for 72 projects
The Lam Dong province People's Committee has called for investment in 72 projects across various sectors which are set for implementation in 2025 and the 2026-2030 period.
Industries - Sun, October 19, 2025 | 1:31 pm GMT+7
Vietnam's leading conglomerate Vingroup ventures into senior living market
Vingroup JSC (HoSE: VIC) has unveiled Vin New Horizon, a network of premium retirement and wellness communities built to international standards, marking the Vietnamese conglomerate’s strategic entry into the senior living market.
Industries - Sun, October 19, 2025 | 12:28 pm GMT+7
Vietnam’s agri major HAGL makes surprise return to property, saying land plot forgotten for 15 years
Vietnam’s agri major Hoang Anh Gia Lai JSC's (HAGL) return to real estate is an accident, after discovering a plot of land the company had “forgotten for 15 years” during its boom years, said chairman Doan Nguyen Duc.
Companies - Sun, October 19, 2025 | 10:02 am GMT+7
REE to set up 2 subsidiaries for wind projects in southern Vietnam
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (HoSE: REE) has decided to establish two wholly-owned subsidiaries to develop two wind power projects in Vinh Long province, expanding its renewable energy portfolio in southern Vietnam.
Energy - Sun, October 19, 2025 | 8:00 am GMT+7
Australian CEO detained, NSH Petro’s recovery hopes collapse
The recovery prospects of NSH Petro (PSH) have dimmed after its Australian CEO was detained on allegations of fraud involving false promises of billion-dollar financing that led to the misappropriation of nearly $4.9 million.
Companies - Sat, October 18, 2025 | 6:53 pm GMT+7
















