Transport ministry proposes PPP projects to expand six airports
The Ministry of Transport has proposed that six airports in as many localities in the north, central, Central Highlands and southern regions be expanded via public-private-partnership projects.
Five of the six airports - Na San, Vinh, Chu Lai, Tho Xuan and Lien Khuong - are located respectively in the provinces of Son La, Nghe An, Quang Nam, Thanh Hoa and Lam Dong. The sixth one, Can Tho Airport is located in the Mekong Delta city of the same name.
Under the proposal, Can Tho Airport will see its cargo terminal and logistics facilities upgraded. The other five will see their passenger terminals, runways and parking lots expanded.
Feasibility studies of those projects began October 5 and must finish before December 15, said Deputy Minister of Transport Le Anh Tuan. The studies must factor in the transport ministry's draft plans, plans of the respective localities and opinions of surveying teams and relevant ministries.
Lien Khuong Airport in Lam Dong province, Central Highlands. Photo courtesy of Airports Corporation of Vietnam.
According to guidelines provided by Deputy Prime Minister Le Van Thanh, the provincial and municipal people’s committees will be in charge of studying and calling for investments, and implementing the projects after getting prime ministerial approval.
Backing the plan to accord greater autonomy to the local authorities, the Civil Aviation Authority of Vietnam (CAAV) has suggested that the transport ministry and relevant agencies update the legal framework to facilitate PPP projects, especially in evaluation and transfer of state assets and selection of investors.
While the Na San airport is suspended, the other five are operational. The Lien Khuong airport, a traveling hub for people to reach tourism hotspot Da Lat, has already exceeded its capacity of two million passengers a year, doing this in 2019. The other four operating airports are yet to meet their designed capacity.
Vietnam’s 22 airports served 9.1 million passengers in September, including 1.6 million international passengers, according to the CAAV. In the first nine months of this year, the number of passengers reached 75 million, up 162.4% year-on-year.
- Related News
- Read More
BAF plans 4 new subsidiaries as it pursues high-rise pig farming expansion in Hanoi
BAF Vietnam Agriculture JSC (HoSE: BAF) has approved the establishment of four wholly owned subsidiaries with a combined charter capital of VND810 billion ($30.79 million), as the company advances plans for large-scale high-rise livestock farming and meat-processing projects in Hanoi.
Companies - Sat, June 20, 2026 | 2:52 pm GMT+7
New-generation FDI policy seen benefiting industrial parks, technology, financial sectors
Vietnam's new policy framework for the foreign-invested sector - the Politburo's Resolution No. 10, is expected to benefit industrial real estate, technology-semiconductor, banking, securities, logistics and energy companies, as the country shifts its focus toward higher-quality investment, according to brokerage Mirae Asset.
Economy - Sat, June 20, 2026 | 10:51 am GMT+7
ACV appoints Nguyen Cao Cuong as chairman, reaffirms Long Thanh airport launch by end-2026
Vietnam Airports Corporation (ACV) has appointed deputy general director Nguyen Cao Cuong as chairman, as the state-controlled airport operator seeks to stabilize its leadership following recent management upheavals.
Companies - Sat, June 20, 2026 | 8:00 am GMT+7
EVN, PV Gas review LNG supply progress for Quang Trach II, III power plants in central Vietnam
Vietnam Electricity (EVN) and Petrovietnam's subsidiary PV Gas on Tuesday reviewed progress on the latter's LNG supply project for the Quang Trach II and Quang Trach III power plants, located in Quang Tri province.
Companies - Fri, June 19, 2026 | 9:40 pm GMT+7
MSCI flags remaining weaknesses in Vietnam’s stock market despite reform progress
Vietnam continued to advance a series of capital market reforms over the past year, but key barriers related to foreign ownership limits, market accessibility, disclosure standards, and settlement infrastructure remain obstacles to a potential market status upgrade, according to MSCI’s latest Global Market Accessibility Review.
Finance - Fri, June 19, 2026 | 4:21 pm GMT+7
Banking, retail, oil sectors to lead Vietnam's stock market recovery: brokerage
Vietnam’s stock market could be led by banking, consumer retail and oil & gas stocks as the economy enters a new growth cycle, brokerage Vietcap said, raising its year-end 2026 target for the benchmark VN-Index to 1,955 points.
Finance - Fri, June 19, 2026 | 3:05 pm GMT+7
Russia’s Gazprom exits $297 mln gas-fired power project in central Vietnam
Russia’s Gazprom has withdrawn from a planned $297 million gas-fired power plant in central Vietnam after more than five years of inactivity, prompting authorities to seek alternative investors to keep the project aligned with the country’s power development plan.
Energy - Fri, June 19, 2026 | 2:19 pm GMT+7
Vietnam’s Top 10 fund managers control 95% of industry assets
Vietnam’s fund management industry remains highly concentrated despite steady growth over the past decade, with the country’s 10 largest asset managers controlling 95% of total assets under management, according to Viet Wisdom Fund Management.
Finance - Fri, June 19, 2026 | 9:51 am GMT+7
Two converging trends continue to drive FDI into Vietnam
Asian partners continue to dominate foreign direct investment (FDI) into Vietnam in the first five months of 2026, as both the wave of production diversification away from China and the ongoing restructuring of capital flows within ASEAN jointly generate additional momentum for investment inflows.
Investing - Fri, June 19, 2026 | 7:57 am GMT+7
Vingroup stocks surge as Vinhomes, Vincom Retail unveil 2025 dividend plans
Shares of companies affiliated with Vingroup rallied sharply on Thursday after Vinhomes and Vincom Retail announced plans to pay 2025 dividends, lifting the benchmark VN-Index despite broad weakness across the market.
Finance - Thu, June 18, 2026 | 9:09 pm GMT+7
SLP, J&T Express to develop automated logistics hub in southern Vietnam
Logistics infrastructure developer SLP Vietnam and courier company J&T Express have signed a strategic cooperation deal to jointly develop a large-scale automated sorting center in southern Vietnam, underscoring growing investment in logistics infrastructure as e-commerce demand accelerates.
Companies - Thu, June 18, 2026 | 4:54 pm GMT+7
Nearly 60 funds subscribe to Dien May Xanh IPO amid foreign investors' prolonged net selling
Nearly 60 domestic and foreign investment funds have registered to buy 166 million shares in the initial public offering (IPO) of Dien May Xanh, the electronics retail chain of Mobile World Group (HoSE: MWG).
Companies - Thu, June 18, 2026 | 4:40 pm GMT+7
Half of Swedish businesses operating in Vietnam plan investment expansion
The fact that 50% of surveyed Swedish businesses plan to increase investment in Vietnam in 2026 demonstrates their firm long-term confidence in the Vietnamese market.
Industries - Thu, June 18, 2026 | 1:53 pm GMT+7
Vietnam seeks deeper nuclear cooperation with Russia's Rosatom
Vietnamese Prime Minister Le Minh Hung called for expanded cooperation in nuclear energy with Russia's Rosatom, including support for Vietnam's planned Ninh Thuan 1 nuclear power plant, at a meeting with CEO Alexey Likhachev on Wednesday.
Energy - Thu, June 18, 2026 | 1:38 pm GMT+7
Vietnam PM backs expanded energy cooperation with Russia's Zarubezhneft
Vietnamese Prime Minister Le Minh Hung met with Sergei Kudryashov, CEO of Russian state oil company Zarubezhneft, on Wednesday and expressed support for expanding bilateral cooperation in oil and gas, offshore wind power and other energy projects.
Energy - Thu, June 18, 2026 | 12:26 pm GMT+7
Vietnam central bank proposes easing limit on short-term funds for long-term lending
The State Bank of Vietnam has proposed raising the maximum ratio of short-term funding that commercial banks can use for medium- and long-term lending from 30% to 40%, marking a reversal of years of tightening aimed at reducing maturity mismatch risks.
Banking - Thu, June 18, 2026 | 11:16 am GMT+7
