Work on Long Thanh airport terminal to begin next month
Construction of the Long Thanh International Airport’s first terminal is set to begin next month, according to project investor Airports Corporation of Vietnam (ACV).
The airport in the southern province of Dong Nai will be the nation’s biggest when complete and will reduce overload of the Tan Son Nhat International Airport in Ho Chi Minh City.
Information about the airport terminal’s construction schedule was provided by ACV representatives to provincial authorities when Dong Nai Vice Chairman Vo Tan Duc visited the construction site Thursday.

Dong Nai Vice Chairman Vo Tan Duc addresses a meeting with representatives of Airports Corporation of Vietnam (ACV), the main investor of Long Thanh International Airport in the southern province on July 6, 2023. Photo courtesy of Dong Nai newspaper.
They said ACV was studying bids submitted by three bidders in June for construction and equipment installation at the terminal. The project investor is also hoping to begin work on the taxiways and aircraft parking areas over the next two months, the executives said.
One of the bidders is CHEC-BCEG-Vietnam, a consortium of nine companies from Vietnam and China led by Chinese firm China Harbour Engineering Company Ltd.
Another is the Hoa Lu group with seven Vietnamese and one Thai firm, is led by local construction giant Coteccons.
The third group, led by Turkish conglomerate IC Istas, has 10 businesses, nine of them Vietnamese.
Long Thanh district, where the airport is located, has basically completed site clearance of 1,810 hectares of the project and 722 hectares for reserved areas. Just one house remains.
Dong Nai Vice Chairman Duc asked the provincial Department of Finance to help district authorities complete the task.
ACV also urged the district to complete site clearance soon for two roads that will link with the airport.
Duc directed district officials to complete site clearance for road No.1 within this month.
The Long Thanh International Airport is a mega project with a total investment of VND336.63 trillion ($14.12 billion) divided into three phases. The first phase, worth VND110 trillion, will consist of a runway, terminal and auxiliary facilities that can serve 25 million passengers per year. The project kicked off in 2021 and is expected to open in 2025.
The terminal is the largest package of the first phase, with an investment of VND35.23 trillion ($1.49 billion). It is expected to be completed in 33 months.
Three more industrial parks
Meanwhile, Dong Nai province has announced plans to build three more industrial parks to welcome the airport.
In a petition sent to Prime Minister Pham Minh Chinh, the province named three projects: Long Duc 3 and Bau Can-Tan Hiep industrial parks in Long Thanh district; and Xuan Que-Song Nhan Industrial Park in the neighboring district of Cam My.
The three projects will cover 6,500 hectares, mostly rubber plantations. They will have 4,000 hectares of industrial real estate once infrastructure construction is completed, according to provincial authorities.
The province currently has 31 industrial parks in operation and eight others on the anvil. Officials have said earlier that the province missed out on some major foreign direct investment (FDI) projects because of a lack of available industrial areas. Current industrial parks have achieved an occupation rate of 85%.
Vietnam’s index of industrial production (IIP) showed signs of recovery with a year-on-year growth of 2.8% in June, but fell 1.2% year-on-year in the first six months of this year, the General Statistics Office (GSO) reported.
Bucking the national trend, Dong Nai’s IIP grew 3.01% year-on-year in the first six months of this year. This growth was driven by a 4.02% increase in mining, 3.3% hike in manufacturing and processing, and 3% rise in water supply and treatment of waste and wastewater. The power production and distribution sector, meanwhile, recorded a negative growth of 2.6% in the first half of the year.
- Read More
Elon Musk company okayed to pilot Starlink satellite internet service in Vietnam
Vietnam has allowed the U.S.'s SpaceX to pilot Starlink low-orbit satellite internet service in the country on a pilot basis until January 1, 2031.
Industries - Wed, March 26, 2025 | 5:18 pm GMT+7
Danish toymaker Lego to open $1.3 bln Vietnam plant next month
Denmark's Lego will officially open its factory in VSIP III Industrial Park in Vietnam's southern province of Binh Duong on April 9.
Industries - Wed, March 26, 2025 | 4:18 pm GMT+7
Top Singaporean firms earn high incomes in Vietnam
Singapore is the second-biggest foreign investor in Vietnam, with over $84 billion in registered investment capital as of end-January and many prominent investors raking in high incomes.
Companies - Wed, March 26, 2025 | 3:45 pm GMT+7
Vietnam, Singapore ink significant deals in Hanoi
Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong on Wednesday witnessed the signing of many cooperation deals between agencies and enterprises of the two countries.
Economy - Wed, March 26, 2025 | 2:51 pm GMT+7
Vietnam's major policies are reshaping economic development
Major policies are reshaping Vietnam's approach to economic development, which focuses on science, technology, and private enterprises, said a leader at the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Wed, March 26, 2025 | 12:11 pm GMT+7
PM okays over $10 bln urban area project in central Vietnam
The over VND260.3 trillion ($10.16 billion) Cam Lam New Urban Area project in the south-central province of Khanh Hoa has received in-principle approval from Prime Minister Pham Minh Chinh.
Real Estate - Wed, March 26, 2025 | 8:58 am GMT+7
S Korea's KIM Fund raises stake in Vietnam's marine transportation firm VIPCO
South Korea’s KIM Fund has increased its stake in Hai Phong city-based Vietnam Petroleum Transport JSC (VIPCO, HoSE: VIP) to 2.73%, making it the latter’s second-largest shareholder.
Companies - Wed, March 26, 2025 | 8:30 am GMT+7
Vietnam, Singapore seek cooperation chances in semiconductor industry
The Vietnam Trade Office in Singapore, in collaboration with the Singapore Semiconductor Industry Association (SSIA), organized a hybrid seminar on Monday to introduce Vietnam's potential, advantages, and development strategies for the semiconductor industry.
Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7
OV intellectuals in UK suggest blueprint for Vietnam’s int’l financial hub ambition
Vietnam can rise as a major international financial centre, both regionally and globally, with a strategic vision that highlights transparency, a skilled workforce, modern infrastructure, robust financial markets, and strong international branding, the Vietnam Intellectual Society in the UK and Ireland (VIS) told visiting Vietnamese Permanent Deputy Prime Minister Nguyen Hoa Binh in a recent meeting.
Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7
Vietnam Deputy PM discusses financial center development with ECB
Vietnam's Standing Deputy Prime Minister Nguyen Hoa Binh on Monday met with representatives of the European Central Bank (ECB) to discuss plans for the establishment of financial centers in Vietnam, as part of his working visit to Germany – the final stop in his European tour.
Southeast Asia - Tue, March 25, 2025 | 10:52 pm GMT+7
Indonesia keeps commitment on energy transition
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto on Monday affirmed that the U.S. decision to pull out of the Just Energy Transition Partnership (JETP) will not impact the other partners' commitment to it.
Southeast Asia - Tue, March 25, 2025 | 10:35 pm GMT+7
Malaysia’s electric vehicle sales surge
Malaysia’s automotive industry is gaining momentum, with electric vehicle (EV) sales soaring over the past two years and continuing to rise in 2025, driven by both domestic and international manufacturers.
Southeast Asia - Tue, March 25, 2025 | 10:23 pm GMT+7
Japan turns to Vietnam, Indonesia to tackle truck driver shortage
Logistics and transportation companies in Japan have begun recruiting foreign nationals as drivers now that their industries qualify for a special employment visa amid a severe labor shortage.
Southeast Asia - Tue, March 25, 2025 | 10:19 pm GMT+7
Malaysia expected to achieve economic growth of 4.5-5.5% in 2025
The Malaysian economy is projected to expand between 4.5% and 5.5% in 2025, underpinned by resilient domestic demand and ongoing investment activity, despite external uncertainties, according to the country’s central bank Bank Negara Malaysia (BNM).
Southeast Asia - Tue, March 25, 2025 | 10:10 pm GMT+7
Singapore’s core inflation falls in Feb
Singapore’s core inflation declined for the fifth straight month in February after falling sharply in January as most spending categories saw smaller year-on-year price increases.
Southeast Asia - Tue, March 25, 2025 | 10:01 pm GMT+7
China’s apparel giant 'unwinds' Texhong Industrial Park expansion in Vietnam
China-headquartered Texhong, among the largest core cotton textile suppliers in the world, will “unwind” the expansion of its Texhong Industrial Park (Texhong Hai Ha Industrial Park) in the northern Vietnam province of Quang Ninh, the firm said on Monday.
Industrial real estate - Tue, March 25, 2025 | 9:28 pm GMT+7