Government formally approves Long Thanh international airport

vietnamnet 16/11/2020    15:48 GMT+7

Deputy Prime Minister Trinh Dinh Dung has approved the first phase of the Long Thanh International Airport in the southern province of Dong Nai.

A rendering of the proposed Long Thanh International Airport in the southern province of Dong Nai. – Photo courtesy of Airports Corporation of Vietnam 

The project has four component projects such as headquarters of State management agencies, flight management services, essential airport facilities, and other works.

Major works such as airport buildings, the aircraft apron, passenger terminals, and cargo terminals will be built by the Airport Corporation of Vietnam (ACV), which operates 21 airports across the country.

ACV has to raise funding for the construction.

The first phase of the airport, expected to cost more than US$4.6 billion, is projected to be completed by 2025.

The investment was approved by the National Assembly in 2017, which also issued a resolution on compensation and resettlement of and support for affected individuals and organisations.

Prime Minister Nguyen Xuan Phuc urged Dong Nai Province authorities to hand over the required lands in October so that construction of the airport could begin early next year.

He also set a deadline for assessing cleared land for compensation purposes by the end of this month.

The Ministry of Transport should work closely with the province to promptly resolve all challenges to ensure the project remains on schedule, he said.

The airport work requires more than 5,000ha of land and more than 364ha elsewhere to build two resettlement sites.

Around 4,800 households and 26 organisations are expected to be relocated to make way for it. 

Spread over a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh District. It is expected to cost VNĐ336.63 trillion ($14.47 billion), with the construction divided into three phases. 

In the first phase one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works involving a total floor area of ​​373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. 

The airport is expected to have four runways, four passenger terminals and other auxiliary works to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. 

Tan Son Nhat International Airport in HCM City, the country’s largest, has been seriously overloaded for years, both in the air and on the ground.

The Ministry of Transport said Long Thanh International Airport is a key national project that would have a significant impact on the southern key economic region.  VNS

Long Thanh Airport: investment rate high, ACV may lack money

The Ministry of Finance (MOF) has warned about problems with the Long Thanh International Airport project, ….

Long Thanh Airport project awaits disbursement of funds

The government’s report to the National Assembly on the implementation of the Long Thanh International ….

Vietnam blocks new airlines until 2022 despite market duopoly

Nikkei

Hanoi prioritizes existing carriers Vietnam Air and VietJet

A Jetstar Pacific plane at Noi Bai International Airport in Hanoi: Qantas Airways plans to sell its stake in the carrier to joint venture partner Vietnam Airlines.   © Reuters

HANOI — Vietnam plans to freeze approval for new entries to the airline industry until 2022, a move that threatens to solidify the virtual duopoly already in place.

The chilled business climate caused by the novel coronavirus makes supporting existing airlines the top priority, Transport Minister Nguyen Van The said.

Currently five commercial airlines operate within Vietnam, but two top players dominate the market. With Australia’s Qantas Airways offloading its 30% stake in Jetstar Pacific, a joint venture with Vietnam Airlines, the state’s move to block additional competition has raised concerns about higher ticket prices. Tiếp tục đọc “Vietnam blocks new airlines until 2022 despite market duopoly”

Why Vietnam Needs Six Airlines

Ralph Jennings

Vietnam already supports five operating commercial airlines and a sixth is on the way. That’s because so many of the country’s newly minted middle class is literally going places.

Vietnam’s civil aviation authority estimates air passenger traffic will reach 131 million by 2020 following average growth of 16% last year and this year. By 2030, the authority expects 280 million civilian air trips per year.

“All the airplanes are full. The Hanoi-Ho Chi Minh trip is packed every day,” says Mike Lynch, managing director with SSI Institutional Brokerage in Ho Chi Minh City. “They put up airlines and they just fill right up.” Tiếp tục đọc “Why Vietnam Needs Six Airlines”

Vietnam considers Swedish loans to build largest airport

NOV 26, 2019 / 11:09 Nguyen Tung

The Hanoitimes – A Swedish state-owned entity proposed a commercial loan of over US$1 billion for the construction of Long Thanh airport, the would-be largest of its kind in Vietnam.

Vietnam is considering Sweden’s loans to build Long Thanh International Airport and develop the air traffic control activities, according to Deputy Minister of Planning and Investment Vu Dai Thang.

 Illustrative photo.

Long Thanh International Airport is in need of huge investment capital, for which financial support from other countries, including Vietnam’s development partners such as Sweden, is very important, said Thang at a conference held last week discussing the financial mechanism for Long Thanh airport. Tiếp tục đọc “Vietnam considers Swedish loans to build largest airport”

These are the world’s ‘most excellent’ airlines for 2020, according to AirlineRatings.com

TĐH: Where are Vietnam Airlines and Viet Jet? Vietnam Airline, try hard, OK? I am embarrassed by Viet Jet! Come on, world! Fly our airline, Vietnamese women have great bodies. Look at them in bikini! Better than beer ôm and coffee ôm. Think about our women’s bodies while you fly with us. You will realize that our women have greatest bodies in the world.

That is surely a good way to get money from men with hormone at the level of teenager. It embarrasses both Vietnamese women and men. And looks like the driving force behind all this is a woman too. Is she a real woman, or a sick male chauvinist in disguise? Or she is simply sick by obsession with money making? Wow, money, mony, money! Such a great driving force of human psyche!

Francesca Street, CNN • Published 25th November 2019