Plans for phase 2 of Long Thanh Int'l Airport project to be mapped out
The Ministry of Transport has proposed the Prime Minister that the State-owned Airports Corporation of Vietnam (ACV) be in charge of drawing up plans for the next phase of the Long Thanh International Airport project.
Construction workers make the Long Thanh International Airport's runway. (Photo: VNA)
Hanoi (VNS/VNA) - The Ministry of Transport has proposed the Prime Minister that the State-owned Airports Corporation of Vietnam (ACV) be in charge of drawing up plans for the next phase of the Long Thanh International Airport project.
It comes after the Prime Minister instructed them to contact relevant agencies to draft the next stages of the work that needs to be done, following the completion of Phase 1 in 2026.
According to project dossiers, ACV has developed a business strategy to gather funds for Phase 2 and a rough scheme for Phase 3. Phase 2 is expected to cost 48 trillion VND (1.9 billion USD) and to cover the period from 2028 to 2032.
Long Thanh International Airport is being built on an area of 5,000ha in the southern province of Dong Nai province, with a total final capacity of 100 million passengers and five million tonnes of cargo annually.
Phase 1 is projected to be put into operation in 2026, with an annual capacity of 25 million passengers and 1.2 million tonnes of cargo.
In Phase 2, the airport will be expanded with an additional open-configuration runway and terminal to service 50 million passengers per year.
When Phase 3 is completed, the airport will be the largest airport in Vietnam and one of the busiest transit airports in the region.
The total investment for the project is estimated at approximately 16 billion USD./.
Prime Minister Pham Minh Chinh attended the signing ceremony of a credit contract worth 1.8 billion USD for the component project 3 of the Long Thanh international airport investment and construction project's Phase I invested by the Airports Corporation of Vietnam (ACV) in Hanoi on June 1.
Human resources for the operation of Long Thanh International Airport in the southern province of Dong Nai will be well prepared under a strategic cooperation agreement signed on May 27 by the Airports Corporation of Vietnam (ACV), the Sai Gon Ground Services (SAGS), and Lilama 2 International Technology College (Lilama 2).
When operational in 2026, Long Thanh International Airport in the southern province of Dong Nai will need nearly 14,000 workers of all levels, a local official has said.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
