Want to be in the loop?
subscribe to
our notification
Business News
LONG THANH AIRPORT SET FOR COMMERCIAL LAUNCH IN LATE 2026

Prime Minister Pham Minh Chinh gestures during his site inspection of the Long Thanh International Airport in Dong Nai Province on March 29 - PHOTO: VNA
HCMC – Prime Minister Pham Minh Chinh ordered construction to be expedited to ensure Long Thanh International Airport in Dong Nai Province begins commercial operations in the fourth quarter of this year during the site inspection on March 29.
All construction work must be finalized no later than September this year to meet this deadline.
The project’s Component 3, featuring 145 packages, has reached around 74% of its contract value, with VND64.1 trillion in executed volume. Key infrastructure, including the air traffic control center, runways and taxiways, is complete. The passenger terminal is now in its finishing stages, with equipment such as baggage conveyors and jet bridges currently being installed, according to the Long Thanh International Airport Project Management Board.
Despite the progress, the big-ticket project faces significant headwinds. Labor shortages remain a primary concern, with the workforce currently at 9,000, against a peak demand of 14,000. Harsh weather conditions and dust have led to high turnover among technical staff. Furthermore, global geopolitical tensions have driven up fuel and material costs, while inspection and payment processes for several packages have been stalled since earlier this year pending regulatory guidance.
To ensure synchronized operations, the PM also directed ministries to accelerate connecting transport infrastructure, including the Bien Hoa-Vung Tau and Ben Luc-Long Thanh expressways, as well as the extension of Ben Thanh-Suoi Tien metro line to Long Thanh airport.
Long Thanh International Airport has a total investment of VND336.63 trillion. Once all phases are completed, the airport would be able to handle 100 million passengers and five million tons of cargo annually.
Source: The Saigon Times
Related News
BRITISH INVESTORS PROPOSE US$18-BLN DEEP-SEA PORT, INDUSTRIAL URBAN COMPLEX IN QUẢNG NINH
British investors have proposed an US$18-billion deep-sea port and eco-industrial urban complex in the northern province of Quảng Ninh as local authorities reaffirmed their commitment to facilitating strategic, high-value investment projects. Representatives of Thai An Holdings JSC and their British partners presented the proposal during a working session with Permanent Vice Chairman of the provincial People's Committee Vũ Văn Diện on August 7 to discuss potential investment opportunities.
ONE OF MANDOPOP’S MOST POWERFUL VOICES IS COMING TO THE GRAND HO TRAM
After winning One Million Star - one of Taiwan’s most prestigious singing competitions - Jess Lee rose to fame with her exceptional vocal range and beloved hits including Suffering and The Great Wall, captivating Mandopop fans across Asia. On 22 August 2026, don’t miss the chance to experience her live at The Grand Ho Tram. Elevate your concert experience with our exclusive Jess Lee Concert Package.
TÂY NINH ATTRACTS WAVE OF NEXT-GENERATION FDI
The fact that a growing number of multinational corporations are choosing Tây Ninh Province to expand their manufacturing operations underscores its rising appeal as a destination for high-quality foreign investment focused on innovation, advanced technology and long-term economic value. Among the latest investors is Suntory PepsiCo Vietnam Beverage, which this month opened in the province’s Hựu Thạnh Industrial Park a new plant that cost more than US$300 million.
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
























