Vietnam Airlines invests $69 mln in 2 projects at Long Thanh airport
National flag carrier Vietnam Airlines on Sunday kicked off construction on an in-flight catering facility and an aircraft maintenance complex at the under-construction Long Thanh International Airport in southern Vietnam, with a total investment of nearly VND1.8 trillion ($69 million).
At the groundbreaking ceremony of the in-flight catering facility and an aircraft maintenance complex at Long Thanh International Airport in Dong Nai province, southern Vietnam, June 15, 2025. Photo courtesy of Vietnam Airlines.
Both projects are parts of Component No. 4 - Aviation Services Zone of the airport, located in Dong Nai province.
The in-flight catering project will be implemented by Vietnam Air Caterers (VACS), a subsidiary of Vietnam Airlines. In its initial phase, the facility will have a capacity of 20,000 meals per day, with the potential to scale up to 40,000. In addition to serving the national flag carrier, VACS aims to provide catering services to other domestic and international airlines.
The aircraft maintenance project will be carried out by another subsidiary, Vietnam Airlines Engineering Company (VAECO), on an area of over 45,000 square meters, with an investment exceeding VND1.1 trillion ($42.2 million).
The complex will be capable of simultaneously servicing two wide-body aircraft and two narrow-body planes. Designed with a minimum annual maintenance capacity of 250,000 man-hours, the facility is expected to handle 120-150 aircraft maintenance cases per year.
Previously, another Vietnam Airlines subsidiary – Vietnam Airport Ground Services Company Limited (VIAGS) – had commenced a project to maintain ground support equipment at Long Thanh airport.
Vietnam Airlines currently operates a comprehensive aviation services ecosystem with established hubs at Noi Bai, Tan Son Nhat, and Da Nang airports - with Long Thanh set to become the next major center.
VACS currently provides around 10 million meals per year to more than 58 international and domestic airlines, while VAECO maintains a nationwide technical network that meets U.S. Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) standards, aiming to become a leading aircraft maintenance and repair center in the region.
Long Thanh airport, about 40 kilometers east of Ho Chi Minh City, is a mega project with a total investment of VND336.63 trillion ($14.12 billion) that will be built in three phases.
The first phase, scheduled for completion by the end of 2006, will feature the construction of two runways in the northern area and one passenger terminal, along with supporting infrastructure, to accommodate 25 million passengers per year and handle 1.2 million tons of cargo annually, according to a resolution newly approved by the legislature.
The 5,000-hectare airport is set to welcome the first plane to make landing or take off in July 2025.
Once fully completed, it will be the nation’s biggest, helping reduce overload at HCMC-based Tan Son Nhat International Airport.
- 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




















