The Prime Minister has given a nod to the Airports Corporation of Vietnam (ACV) to invest in Long Thanh International Airport.
The corporation will be responsible for using its investment and development fund to make a feasibility report on the first phase of the project.
The National Assembly approved the Long Thanh International Airport project on the morning of June 25.
The project will be implemented in three phases in Long Thanh district, Dong Nai. The airport, covering a total of 5,000 hectares, will be constructed as a category 4F airport in line with the standard codes of the International Civil Aviation Organisation (ICAO).
It is expected to handle 25 million passengers and 1.2 million tonnes of cargo by 2025 in the first phase which includes the construction of a runway, a terminal together with auxiliary facilities.
The second and third phases will continue building more runways and terminals to bring the total capacity to 100 million passengers and five million tonnes of cargos a year.
Total investment capital for the project is estimated at 336.63 trillion VND (16.03 billion USD). Of these, 114.45 trillion VND (5.45 billion USD) will be spent on the first phase.
Project resources will be sourced from the State budget, the aviation sector’s equitisation capital, official development assistance (ODA), public-private partnership capital and other sources in line with the law.-VNA
The 336.7 trillion VND (16 billion USD) construction project of an international airport in southern Dong Nai province was approved by a majority of the National Assembly deputies on June 25 morning.
The project on building Long Thanh International Airport in the southern province of Dong Nai has received particular interest, with the Party’s 13th Central Committee’s 11th plenum deeming it a national project of special importance and the National Assembly’s 9th session embracing its implementation.
Most of Vietnam’s lawmakers supported the construction of the Long Thanh International Airport during their discussion at the ongoing ninth session of the 13th National Assembly in Hanoi on June 4.
National Assembly (NA) deputies debated issues related to the construction of the Long Thanh International Airport during the ongoing 9th session of the 13th NA in Hanoi on June 4.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Long Thanh International Airport. (Photo: VNA)
