The Airports Corporation of Vietnam (ACV) plans to upgrade the int'l terminal at Phu Bai airport in central Hue city under the build-operate-transfer model.
Hanoi (VNA) 𝔉- The Airports Corporation of Vietnam (ACV) plans to upgrade the international terminal at Phu Bai airport in central Hue city under the build-operate-transfer model, saying it was needed to serve the increasing number of passengers.
In a document sent to the Ministry of Transport, the corporation said that the terminal was upgraded in 2013 to increase its capacity to 1.5 million of passengers per year.
In 2015, the terminal welcomed 1.3 million passengers.
The corporation estimated that the number of passengers annually would be 3.4 million by 2020 and 8.6 million by 2030.
"The upgrade and expansion of the terminal is necessary to meet the rapid growth of the aviation market and assure the service quality of the airport,” an ACV representative said.
The company said it would study the expansion of the terminal as the number of international flights was rising.
Two companies are ready to invest in the upgrade of the terminal, an ACV spokesman said.
The Phu Bai terminal has two storeys with an area of 6,540 square metres with three boarding gates, 2 luggage conveyor belts and 14 check-in desks.
In 2013, the airport was closed for eight months to upgrade the runway. Total investment capital for the construction was 600 billion VND (27 million USD) paid by the ACV.-VNA
Deputy Prime Minister Nguyen Xuan Phuc on September 22 attended the reopening ceremony of Phu Bai Airport in the central province of Thua Thien-Hue after a 6-month closure for repairs.
The Airports Corporation of Vietnam (ACV) plans to upgrade domestic terminal T1 at Noi Bai International Airport, with expenditure expected to reach 244 billion VND (10.84 million USD).
The People’s Committee of Thua Thien-Hue province has issued a decision stipulating several preferential policies to support the opening of new air routes to Phu Bai international airport in Hue city.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.