Vietnam launches airport network expansion plan

By Tri Duc
Thu, June 8, 2023 | 12:31 pm GMT+7

Vietnam plans to expand its current airport network from 22 to 30 by 2030, and to 33 by 2050, according to a newly-approved national airport plan for 2021-2030, with a vision to 2050.

Under the plan, signed by Deputy Prime Minister Tran Hong Ha on Wednesday, Hanoi and Ho Chi Minh City will remain the two aviation hubs in the country, while the target is for 97% of the population to have access to airports within 100 kilometers.

Thanh Son airport in Ninh Thuan province and Bien Hoa airport in Dong Nai province, two domestic ones, are the latest additions to the Ministry of Transport's draft plan from 2021.

Van Don airport in Quang Ninh province, northern Vietnam. Photo courtesy of Sun Group, the airport's investor.

Van Don airport in Quang Ninh province, northern Vietnam. Photo courtesy of Sun Group, the airport's investor.

By 2030, Vietnam will have 30 airports, including 14 international ones, namely Van Don (Quang Ninh province), Cat Bi (Hai Phong city), Noi Bai (Hanoi) in the northern region; Tho Xuan (Thanh Hoa province), Vinh (Nghe An province), Phu Bai (Thua Thien-Hue province), Danang (Danang city), Chu Lai (Quang Nam province), Cam Ranh (Khanh Hoa province), Lien Khuong (Lam Dong province) in the central region; and Long Thanh (Dong Nai province), Tan Son Nhat (HCMC), Can Tho (Can Tho city), and Phu Quoc (Kien Giang province) in the southern region.

The 16 domestic airports will include Lai Chau (Lai Chau province), Dien Bien (Dien Bien province), Sa Pa (Lao Cai province), Na San (Son La province) in the north; Dong Hoi (Quang Binh province), Quang Tri (Quang Tri province), Phu Cat (Binh Dinh province), Tuy Hoa (Phu Yen province), Pleiku (Gia Lai province of the Central Highlands), Buon Ma Thuot (Dak Lak province of the Central Highlands), Phan Thiet (Binh Thuan province) in central Vietnam; and Rach Gia (Kien Giang province), Ca Mau (Ca Mau province), Con Dao (Ba Ria-Vung Tau province), Thanh Son (Ninh Thuan province), and Bien Hoa (Dong Nai province) in the south.

By 2050, new airports will be built in Hai Phong, Cao Bang, and a second for the Hanoi capital region. Cat Bi international airport in the northern coastal city of Hai Phong will be converted to a domestic one, while there will be a new international airport named Hai Phong.

The plan also includes converting some military airports into civilian ones, and constructing airports in locations with tourism and service potential. Twelve locations have been earmarked for these moves, namely Ha Giang, Yen Bai, Tuyen Quang, Hanoi (Long Bien district), Bac Ninh, Ha Tinh, Kon Tum, Quang Ngai, Binh Thuan, Khanh Hoa (Van Ninh district), Dak Nong, and Tay Ninh.

$17.9 billion investment to meet targets

The plan noted an estimated investment of VND420 trillion ($17.88 billion) to meet the targets. For new airports, the public-private partnership (PPP) model will be prioritized. Regarding operating airports, expansions and upgrades could follow the PPP or other models. Airports of national importance, military airports and airports in border areas and islands will receive priority in terms of state resources.

The plan highlights the priority is to build new or expand airports that are important such as Long Thanh in Dong Nai province, Tan Son Nhat in HCMC, Noi Bai in Hanoi, Danang in Danang city, Cam Ranh in Khanh Hoa province, and Phu Quoc in Kien Giang province, facilities in remote areas and islands, and others that serve socioeconomic growth.

Up to 2030, airports are set to serve 275.9 million passengers, or 1.5-2% of the total travellers in Vietnam, and 4.1 million tons of cargo, or 0.05-0.1% of the total.

The nation is working to build major aircraft maintenance and repair facilities to serve major airports such as Noi Bai, Danang, Tan Son Nhat, Chu Lai, Cam Ranh, Can Tho, Long Thanh, and Chu Lai.

Vietnam is also looking to build logistics centers capable of handling 250,000 tons of cargo a year to serve Noi Bai, Tan Son Nhat, Van Don, Cat Bi, Danang, Chu Lai, Long Thanh, and Can Tho.

Comments ( 0)
  • Read More
89% of Vietnam survey respondents consider life insurance 'highly important'

89% of Vietnam survey respondents consider life insurance 'highly important'

Vietnamese people are paying increasing attention to financial planning, family protection and preparation for long-term risks, with up to 89% of respondents viewing life insurance as “highly important in daily life”, according to the Insurance Association of Vietnam (IAV).

Companies - Thu, May 28, 2026 | 8:57 pm GMT+7

Vietnam's Pharmacity chain secures growth capital from LeapFrog to quicken expansion

Vietnam's Pharmacity chain secures growth capital from LeapFrog to quicken expansion

Pharmacity, Vietnam’s leading modern retail pharmacy chain, has raised growth capital from private equity firm LeapFrog Investments to accelerate its expansion and deepen access to quality healthcare across Vietnam.

Companies - Thu, May 28, 2026 | 8:23 pm GMT+7

Thailand’s TCC Group eyes logistics, recycling in Vietnam

Thailand’s TCC Group eyes logistics, recycling in Vietnam

Party chief and President To Lam said he welcomed major Thai corporations, including TCC Group, to expand operations in Vietnam.

Industries - Thu, May 28, 2026 | 3:21 pm GMT+7

Deposit rates remain elevated: Where can savers get best returns?

Deposit rates remain elevated: Where can savers get best returns?

Bank deposits are regaining appeal as an investment channel as deposit rates at some Vietnamese commercial banks have climbed to as high as 8-10% per year.

Banking - Thu, May 28, 2026 | 11:43 am GMT+7

F88 named among Vietnam’s top 3 workplaces in 2026: A people-first strategy in focus

F88 named among Vietnam’s top 3 workplaces in 2026: A people-first strategy in focus

F88 has been named among the Top 3 Best Workplaces in Vietnam 2026 in the large enterprise category, an accolade that reflects the company’s long-term focus on employee development and workplace culture built on trust, support and career growth.

Companies - Thu, May 28, 2026 | 10:54 am GMT+7

Taiwanese FDI into Vietnam: The shift of the value chain

Taiwanese FDI into Vietnam: The shift of the value chain

Taiwanese investment in Vietnam is shifting from low-cost assembly toward higher-value sectors such as semiconductors, AI servers, networking equipment, and industrial robotics, positioning the country as a deeper link in the global technology supply chain.

Industries - Thu, May 28, 2026 | 8:47 am GMT+7

Why Vietnam chose a single nationwide textbook series for schools

Why Vietnam chose a single nationwide textbook series for schools

Vietnam will adopt a single nationwide textbook series, “Ket noi tri thuc voi cuoc song” (Connecting knowledge with life), starting from the 2026-2027 academic year, as part of a broader education reform strategy aimed at standardizing teaching materials and eventually providing free textbooks to all students by 2030.

Companies - Wed, May 27, 2026 | 9:35 pm GMT+7

EVNGENCO3 completes 31% of 2026 power output target in first 4 months

EVNGENCO3 completes 31% of 2026 power output target in first 4 months

EVNGENCO3 reported electricity output of 9.77 billion kilowatt-hours in the first four months of 2026, up 2.06% from a year earlier and equivalent to 30.67% of its full-year target, according to an investor report released by the company.

Companies - Wed, May 27, 2026 | 9:05 pm GMT+7

Former Vietnamese health minister sentenced to 6 years in prison over hospital project losses

Former Vietnamese health minister sentenced to 6 years in prison over hospital project losses

Nguyen Thi Kim Tien, former Minister of Health, was sentenced to six years in prison on Tuesday and ordered to pay compensation of VND108 billion ($4 million) in a major corruption and wastefulness case linked to two large-scale hospital projects.

Society - Wed, May 27, 2026 | 5:51 pm GMT+7

Novatek explores LNG-to-power opportunities in Vietnam

Novatek explores LNG-to-power opportunities in Vietnam

Russian energy giant Novatek is seeking opportunities to engage in Vietnam’s LNG-to-power sector in line with the Southeast Asian country’s development strategy.

Energy - Wed, May 27, 2026 | 5:26 pm GMT+7

Petrovietnam opens bidding for offshore block in Cuu Long basin

Petrovietnam opens bidding for offshore block in Cuu Long basin

State-owned Petrovietnam has launched bidding for Block 17 in the offshore Cuu Long basin as Vietnam accelerates efforts to secure new oil and gas resources amid declining output from aging fields.

Energy - Wed, May 27, 2026 | 4:19 pm GMT+7

How Thai capital deepens its roots in Vietnam’s economy

How Thai capital deepens its roots in Vietnam’s economy

Leading Thai corporations are rapidly strengthening their footprint in Vietnam through large-scale investments in manufacturing, retail, energy, logistics, finance, and industrial real estate.

Investing - Wed, May 27, 2026 | 3:58 pm GMT+7

Building high-performing organizations through trust, empowerment and people-first leadership

Building high-performing organizations through trust, empowerment and people-first leadership

As businesses navigate increasingly complex market conditions, the conversation around high performance is also evolving. Beyond speed and execution, organizations today are under growing pressure to remain agile, resilient, and people-centered at the same time.

Companies - Wed, May 27, 2026 | 3:38 pm GMT+7

Vietnam stocks to offer opportunities across sectors in H2

Vietnam stocks to offer opportunities across sectors in H2

Vietnam’s stock market is expected to retain growth potential in the second half of 2026 despite mounting pressures from inflation, geopolitical tensions and increasingly cautious capital flows, according to market analysts.

Finance - Wed, May 27, 2026 | 3:12 pm GMT+7

Trung Nam Renewable Energy raises $73 mln in private bond issuance

Trung Nam Renewable Energy raises $73 mln in private bond issuance

Trung Nam Renewable Energy Corporation has successfully raised VND1.93 trillion ($73.28 million) through a private bond issuance with a four-year tenor and annual interest rate of 10.7%.

Companies - Wed, May 27, 2026 | 2:32 pm GMT+7

Vinhomes gold-for-property scheme sparks debate over liquidity boost and financial risks

Vinhomes gold-for-property scheme sparks debate over liquidity boost and financial risks

A new program allowing homebuyers to exchange gold for real estate is drawing attention in Vietnam as developers seek to channel idle household gold holdings into the property market through a structure tied to gold valuation and guaranteed returns.

Real Estate - Wed, May 27, 2026 | 9:03 am GMT+7