Airports Corporation of Vietnam (ACV) has started building a cargo terminal at Cát Bi International Airport, with a total investment of VNĐ724 billion (US$28.5 million). The project is expected to be operational by January 2026.
The $1.8 loan will be invested as the third part of the Long Thành International Project’s first phase, to include improvements to passenger terminals and aircraft aprons, with a total overall investment of VNĐ99 trillion (US$3.9 billion).
Nội Bài International Airport has made efforts to improve services quality with the application of airport collaborative decision-making (A-CDM) and information technology.
With a market capitalisation of US$7.7 billion, The Airports Corporation of Vietnam (ACV) stands far ahead of the rest on the UPCoM and is the only unlisted entity among the top 10 most valuable companies on the Vietnamese stock exchange.
Terminal T3 at Tân Sơn Nhất International Airport in HCM City will handle domestic flights, helping ease pressure on the overloaded T1 and improve service quality.
The Civil Aviation Authority of Việt Nam was working with foreign aviation authorities to provide support to airlines based on the principle of reciprocity.
The investment is estimated at about VND420 trillion (US$18 billion), mobilised from the State budget, non-budget capital and other legal capital sources.
The proposed airports are in Ha Giang Province (Tan Quang), Yen Bai, Tuyen Quang (Na Hang), Ha Tinh, Kon Tum (Mang Den), Quang Ngai (Ly Son), Khanh Hoa (Van Phong), Dak Nong and Tay Ninh.
Passenger volume through Vietnamese airports reached more than 81 million passengers in the ten months of 2022, with 100 million forecast for the whole year. In 2019, the number was 120 million.
The signing marks the first time that a private corporation and an airline in Viet Nam collaborate with an international airport group to develop aviation services and facilities. The parties will cooperate in the research and development of projects at...
Chairman of the Airports Corporation of Viet Nam (ACV) Lai Xuan Thanh told Giao thong ( Transport) newspaper about measures to speed up the Long Thanh International Airport project, with the first phase now expected to finish three months early.