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Opportunities for private firms to invest in Vietnam’s airports

Investment opportunities in aviation infrastructure from private investors will increase when the Airports Corporation of Vietnam (ACV) prioritizes resources for six key airports.

Transport ministry rejects 11 airport construction proposals

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.

 

Quang Ngai wants to build an international airport on Ly Son island

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.

Choose railways or airports

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.

Proposed airport sparks ‘land fever’ in Binh Phuoc

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”.

Ha Giang seeks new airport

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.

Con Dao Airport extension project to cost $99mil.

The runway extension project at Con Dao Airport will reclaim 120 metres from the sea and cost VND2.3trn (US$99m).

 

Vietnam actively trying to bring citizens in US back home: Foreign Ministry

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

Vung Tau: one step closer towards building US$1 billion airport

Ba Ria-Vung Tau has just approved the site for the $1 billion relocation project of the existing Vung Tau airport.

Vietnam to halt entry to all foreigners due to COVID-19 from March 22

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.

Vietnam takes samples for coronavirus test at airports

Taking samples at the airport appears to be one of protective measures to help curb the spread of the coronavirus.

Is Vietnam’s aviation market losing its appeal?

Air Asia has given up its plan to set up a joint venture in Vietnam, while Vingroup has canceled its Vinpearl Air project.

Vietnam Airports Corporation facing risks in airport venture

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.

Explosive, detonator confiscated from air travelers

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.

Investors willing to spend billions of USD to build airports in Vietnam

The door has still not opened widely to private investors who want to develop airports.

Calling foreign investment and co-operation in aviation industry

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.

Promising land of on-ground airport services in Vietnam

The new players to the aviation market are also setting eyes on the hugely profitable on-ground airport services.

Van Don listed in APMP’s top five airports with quality 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).

Van Don Airport bets high on international markets

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...

Local authorities seek permission to build international airports

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.