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Update news airport
Investment opportunities in aviation infrastructure from private investors will increase when the Airports Corporation of Vietnam (ACV) prioritizes resources for six key airports.
The Ministry of Transport has rejected proposals from 11 cities and provinces to build their own airports by 2050, citing a lack of necessity for such airports and feasibility.
The central province of Quang Ngai has proposed building an airport with a 2,400m runway on Ly Son island to serve 3-3.5 million passengers per year.
Many provinces have proposed building their own airports, but if there are high-speed rail routes, many people will not choose to fly a 300-500km distance.
Authorities in Hon Quan District in the southern province of Binh Phuoc are warning buyers to be careful about land transactions, saying the proposed airport in the district, which has not been approved, has caused a “price bubble”.
The northern mountainous province of Ha Giang has just asked the Ministry of Transport to add the construction of an airport to the master plan on Vietnam’s airport system in the 2021-2030 period, with a vision to 2050.
The runway extension project at Con Dao Airport will reclaim 120 metres from the sea and cost VND2.3trn (US$99m).
The Ministry of Foreign Affairs, the Ministry of Transport and Vietnam’s representative offices in the US are actively joining hands to assist the Vietnam Airlines in clearing necessary procedures
Ba Ria-Vung Tau has just approved the site for the $1 billion relocation project of the existing Vung Tau airport.
The Ministry of Foreign Affairs on March 21 said that the Vietnamese Government has decided to temporarily suspend entry of all foreigners from March 22 due to the complicated developments of the COVID-19 pandemic.
Taking samples at the airport appears to be one of protective measures to help curb the spread of the coronavirus.
Air Asia has given up its plan to set up a joint venture in Vietnam, while Vingroup has canceled its Vinpearl Air project.
International financiers may have no room to join Long Thanh International Airport project, with the lack of a government loan guarantee creating a major obstacle for would-be investor Airports Corporation of Vietnam to ensure bankability.
Investigators in Thanh Hoa Province have detained two air passengers for allegedly taking explosive powder and a detonator on board flight BL 565, departing from the central province to HCMC on December 9.
The door has still not opened widely to private investors who want to develop airports.
The potential in Vietnam’s aviation industry in the next five years will be a heavy incentive for foreign businesses to invest and seek co-operation.
The new players to the aviation market are also setting eyes on the hugely profitable on-ground airport services.
VietNamNet Global - Van Don International Airport has been listed among the top five airports with the highest points for quality services in the first quarter of the year, according to a survey by the Airport Performance Measurement Program (APMP).
Several co-operation agreements were inked during a recent on market expansion for the newly-launched Van Don International Airport in the northeastern province of Quang Ninh early this week...
Nearly all provinces believe that there should be international airports in their localities to serve the increasingly high number of travelers, help attract investment, and develop tourism.