Vietjet seeks deeper engagement in Vietnam's aviation infrastructure development

By Minh Hue
Thu, April 30, 2026 | 9:42 pm GMT+7

Vietjet, Vietnam’s first private airline, has proposed earlier and broader participation in Vietnam’s airport planning and infrastructure development, as the budget carrier looks to expand its role beyond flight operations into ground services and logistics.

The proposal was presented at a Tuesday meeting chaired by Minister of Construction Tran Hong Minh, convened to review conclusions by the Government’s Standing Committee on Vietjet’s recommendations.

Vietjet aircraft park in an airport. Photo courtesy of the government's news portal.

Vietjet aircraft park in an airport. Photo courtesy of the government's news portal.

The airline said it wants to work more closely with regulators, local governments, the Airports Corporation of Vietnam (ACV) and the Civil Aviation Authority of Vietnam (CAAV) to engage “earlier and more deeply” in airport planning.

Vietjet is also seeking conditions to develop ground handling, technical and logistics services, aiming to ensure safe, efficient and sustainable operations while meeting international passenger service standards.

At Tan Son Nhat International Airport in Ho Chi Minh City, Vietjet said it will coordinate with authorities to develop the 2021-2030 master plan with a vision to 2050, following guidance in an April 24 document from the Ministry of Construction. The airline proposed greater involvement from the municipal People’s Committee to ensure alignment and efficiency.

It is willing to co-finance planning work with ACV, the airline stated, asking for longer-term leases for parts of the airport’s Terminal T1 to allow upgrades and more stable operations.

At Long Thanh International Airport in Dong Nai province, which borders HCMC, Vietjet and Vietnam’s private conglomerate Sovico Group proposed investing in key facilities such as maintenance zones and logistics warehouses, aiming to build a modern and integrated operation system.

For Hanoi-based Noi Bai International Airport, the airline called for early adjustments to planning to make it aligned with Gia Binh International Airport in neighboring Bac Ninh province, and the addition of urban rail links to create a more integrated long-term transport network.

Vietjet also proposed working with local authorities to develop Tho Xuan airport in Thanh Hoa province and Chu Lai airport in Danang city alongside logistics centers and aviation industry hubs.

In response, Minister Minh said the proposals would be reviewed to ensure alignment with existing plans, operational safety and service quality, while avoiding inefficient or fragmented investment. He emphasized the need for transparent investment models, fair competition and balanced interests among the state, operators and investors.

The Government has already issued conclusions on Vietjet’s proposals, and relevant agencies have been instructed to implement them on schedule, he noted. Accordingly, ACV has been asked to finalize revised planning documents for Tan Son Nhat and Noi Bai by May 30, with appraisals targeted for completion by June 20.

The minister described Vietjet’s request for longer-term leasing at Tan Son Nhat airport’s Terminal T1 as “legitimate” and urged the airline and ACV to reach a mutually beneficial arrangement.

For Long Thanh, key service infrastructure items will be included in a phase-two feasibility study due for approval by mid-June, with construction to follow ahead of the airport’s operation.

At Chu Lai and Tho Xuan, Vietjet will work directly with local governments to determine investment structures, while coordinating with ACV on planning and procedures, Minh said.

The Civil Aviation Authority of Vietnam has been tasked with working with ACV to upgrade Danang International Airport in line with approved plans.

From Vietnam’s first private airline, Vietjet has grown into a multinational aviation group, operating across Vietnam, Thailand and Kazakhstan, with a fleet of more than 130 aircraft and orders for 576 next-generation planes.

In 2025, Vietjet carried 28.2 million passengers and reported revenue of VND82 trillion ($3.11 billion). The carrier contributed more than VND10 trillion ($379.4 million) to the state budget through direct and indirect payments, while helping project an image of a globally integrated, dynamic and sustainable Vietnam across international skies.

Comments ( 0)
  • Read More
From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia

From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia

Leading U.S. business magazine Fortune has described Vietnam as an emerging tourism “hot spot” in Southeast Asia, driven by the strong rise of destinations such as Phu Quoc and Sa Pa.

Travel - Thu, July 9, 2026 | 11:09 pm GMT+7

VietinBank seeks to divest entire stake in Hai Phong Port via public auction

VietinBank seeks to divest entire stake in Hai Phong Port via public auction

VietinBank (HoSE: CTG) plans to divest its entire stake in state-controlled Hai Phong Port (UPCoM: PHP) through a public auction on the Hanoi Stock Exchange (HNX), potentially raising nearly VND278 billion ($10.57 million).

Companies - Thu, July 9, 2026 | 5:10 pm GMT+7

Starlink begins taking orders in Vietnam, first-year service costs $1,190

Starlink begins taking orders in Vietnam, first-year service costs $1,190

Starlink, the satellite internet service operated by Elon Musk’s SpaceX, has released pricing and started accepting orders in Vietnam, with first-year costs estimated at about VND31.4 million ($1,190).

Companies - Thu, July 9, 2026 | 4:09 pm GMT+7

Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing

Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing

Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.

Companies - Thu, July 9, 2026 | 3:51 pm GMT+7

Idemitsu Kosan expands energy ecosystem in Vietnam

Idemitsu Kosan expands energy ecosystem in Vietnam

After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.

Industries - Thu, July 9, 2026 | 1:43 pm GMT+7

Two banks to list on Ho Chi Minh City bourse, expand charter capital

Two banks to list on Ho Chi Minh City bourse, expand charter capital

Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.

Banking - Thu, July 9, 2026 | 11:51 am GMT+7

Strong Q2 earnings, lower interest rates to bolster Vietnam stocks

Strong Q2 earnings, lower interest rates to bolster Vietnam stocks

Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.

Finance - Thu, July 9, 2026 | 8:00 am GMT+7

Wistron raises construction, equipment investment in northern Vietnam province to $178 mln

Wistron raises construction, equipment investment in northern Vietnam province to $178 mln

Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.

Industries - Wed, July 8, 2026 | 7:56 pm GMT+7

Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year

Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year

Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.

Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7

Vietnam raises airport number target to 36 by 2030 as aviation demand surges

Vietnam raises airport number target to 36 by 2030 as aviation demand surges

Vietnam plans to expand its airport network to 36 airports by 2030, up from the previous target of 30, under a revised national aviation infrastructure plan aimed at catering for rising passenger demand and boosting regional connectivity.

Infrastructure - Wed, July 8, 2026 | 4:45 pm GMT+7

Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam

Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam

Vietnamese industrial park developer IMG Phuoc Dong and Germany’s VFT Bio Fuels UG have signed a memorandum of understanding to study the development of a $3.1 billion green steel complex in the southern province of Tay Ninh.

Industries - Wed, July 8, 2026 | 4:25 pm GMT+7

Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport

Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport

Vietnam’s Minister of Public Security Luong Tam Quang has called on Japan’s Yamato Holdings to assess investment opportunities in warehousing and cargo transport systems at Gia Binh International Airport, while exploring potential cooperation and operational models with Vietnamese partners once the facility becomes operational.

Infrastructure - Wed, July 8, 2026 | 3:09 pm GMT+7

Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve

Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve

Vietnam's real estate M&A market continued to attract foreign capital in the first half of 2026 despite persistent global economic uncertainties, but foreign investors are increasingly targeting assets with clear legal status, stable cash flow, and strong operational performance, with data centers emerging as a key growth segment.

Real Estate - Wed, July 8, 2026 | 1:38 pm GMT+7

Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital

Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital

The Vietnam International Financial Center, located in the central city of Danang (VIFC Danang), plans to tokenize nearly $4 billion worth of infrastructure projects as part of a strategy to attract more global capital.

Economy - Wed, July 8, 2026 | 12:17 pm GMT+7

Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms

Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms

Rising memory chip prices driven by artificial intelligence are spreading from semiconductor manufacturers to consumer electronics brands such as Apple, Dell and ASUS, pushing up the prices of computers and smartphones.

Companies - Wed, July 8, 2026 | 8:00 am GMT+7

LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam

LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam

South Korea's LG Innotek will spend $1 billion to build a semiconductor package substrate manufacturing plant in Hai Phong city, with mass production scheduled to begin in the third quarter of 2028, according to local authorities.

Industries - Tue, July 7, 2026 | 11:13 pm GMT+7