The Ministry of Transport recently reported to the Government on its plans and mechanisms to launch a project on upgrading the Tan Son Nhat International Airport.
Vietnamese provinces are proposing new airports without realizing that the country is already overloaded with these facilities, experts say.
The Ministry of Transport has agreed upon the upgrading of Tho Xuan airport in the central province of Thanh Hoa to an international airport.
The Aviation Corporation of Vietnam (ACV) and local authorities in the central province of Thua Thien-Hue have agreed to invest US$95 million in the expansion and upgrade of Phu Bai Airport.
Many private investors are willing to pour money into aviation infrastructure, though the business field requires huge capital and a long time to recover capital.
Despite the latest proposal on raising the foreign ownership limit in aviation business to 49 per cent, the stake sales of the most influential corporations in the sector still face challenges ahead with conditional requirements.
The Airports Corporation of Vietnam (ACV) is developing a plan to expand Tuy Hoa airport in the south central province of Phu Yen and build a new terminal with a capacity of 2.5 million passengers per year in the 2020-2025 period.
The Ministry of Transport has proposed a plan to upgrade runways at Noi Bai and Tan Son Nhat airports, the nation’s two largest and busiest airports, which would cost around VND4.2 trillion (US$184 million).
The Airports Corporation of Vietnam (ACV) will source about VND1.7 trillion (US$74.1 million) from its development capital to build the T2 passenger terminal at Phu Bai international airport in the central coastal province of Thua Thien-Hue.
Passenger traffic through airports in Vietnam hit 52.8 million in the first half of this year, a surge of 14% year on year, the Civil Aviation Authority of Vietnam reported.
The Airports Corporation of Vietnam (ACV) on June 2 signed a contract with a joint venture comprising of firms from Japan, France and Vietnam (JFV) for consultancy services and the feasibility study for the first phase of Long Thanh International Airport project.
More than VND116 trillion (US$5.11 billion) is needed to build Long Thanh airport and upgrade Noi Bai and Tan Son Nhat airports for the 2018-2021 period, with a vision to 2025, according to the State-owned Airports Corporation of Vietnam (ACV) investment plan.
The Airports Corporation of Vietnam (ACV) said it is aiming at more than 5.6 trillion VND (246.4 million USD) worth of profit in 2018 at its Annual General Meeting of Shareholders held on May 4.
The Civil Aviation Authority of Vietnam (CAAV) has requested the Airports Corporation of Vietnam (ACV) conduct evaluation of security work at all airports nationwide following a recent incident when a man boarded a plane without a boarding pass at Vinh international airport.
There are many arguments related to the solutions proposed by ADPi and local organisations to expand Tan Son Nhat International Airport.
After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
The numerous errors that the Government Inspectorate outlined at Airports Corporation of Vietnam (ACV) have not been fixed yet.
VOV.VN - The Airports Corporation of Vietnam (ACV) on December 27 hosted a ceremony at Noi Bai International Airport to welcome the 94 millionth passenger and mark the 800,000th flight managed by Vietnam Air Traffic Management Corporation (VATM) in 2017.
The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.
The Ministry of Transport (MoT) has proposed to the Prime Minister four different plans to operate airfields in the future, aiming to narrow a yawning gap between the Airports Corporation of Vietnam (ACV)’s revenue and expenditures.