Phu Quoc airport to be invested to serve 10 million passengers a year

Phu Quoc International Airport in the Mekong Delta province of Kien Giang will be invested to be able to serve 10 million passengers a year.
Phu Quoc airport to be invested to serve 10 million passengers a year ảnh 1Phu Quoc International Airport (Photo: VNA)
Hanoi (VNA) – Phu Quoc International Airport in the Mekong Deltaprovince of Kien Giang will be invested to be able to serve 10 million passengersa year.

According to the Civil Aviation Authority of Vietnam (CAAV),currently there are six domestic and 10 foreign airlines operating regular flightsto/from Phu Quoc airport. Its passenger throughput reached 3.7 million in 2019,but down to 3.23 million in 2020 and about 1.6 million in 2021 due to impactsof the COVID-19 pandemic.

Recently, Deputy Minister of Transport Le Anh Tuan signed adocument sent to the CAAV requesting to consider land and propose investmentforms to expand the airport.

Accordingly, the Ministry asked the CAAV to activelycoordinate with relevant agencies and units, including the Vietnam Air TrafficManagement Corporation (VATM) and the Airports Corporation of Vietnam (ACV), toseek appreciate types of investment.

The Ministry’s requirements came after the Prime Minister’sworking session with provincial leaders, during which he directed the Ministryof Transport to coordinate with the Ministry of Planning and Investment, theMinistry of Finance, and the People's Committee of Kien Giang in studyingsuitable investment types to expand Phu Quoc airport, with a goal of increasingits total capacity to 10 million passengers a year by 2030 so as to meet the locality’ssocio-economic development requirement.

Regarding investors interested in the project, recently theImex Pan Pacific Group (IPPG) proposed the Transport Ministry allow it toparticipate in the Phu Quoc International Airport expansion project.

IPPG wants to invest in the airport’s internationalterminal, cargo terminal, warehouse, and runway./.
VNA

See more

Party General Secretary To Lam (C) and Prime Minister Pham Minh Chinh (third from left) and other delegates break ground Vietnam’s first semiconductor chip manufacturing plant (Photo: VNA)

Vietnam launches first semiconductor chip manufacturing plant

The plant, developed by Viettel Group in line with the mission assigned by the Ministry of Defence and based on the government’s resolution, is located on a 27-hectare site within the Hoa Lac High-Tech Park and is expected to serve national industries such as aerospace, telecommunications, Internet of Things (IoT), automotive manufacturing, medical equipment, and automation.

Vietnam’s cashew exports in 2025 are estimated at 766,600 tonnes, generating more than 5.2 billion USD (Photo: VNA)

Cashew sector faces economic efficiency challenge despite high export revenue

Vietnam’s cashew industry has faced a pressing challenge despite an export revenue of over 5 billion USD for the first time in 2025, as this impressive figure has yet to translate into commensurate economic efficiency for exporting enterprises, especially when the industry seeks to ensure that its position as the world’s leading cashew exporter is matched by sustainable profitability.

Deputy Director General of Vietnam National Authority of Tourism Nguyen Thi Hoa Mai (centre) chairs an online meeting on the organisation of ITE HCMC 2026. (Photo: TITC)

International Travel Expo HCM City 2026 set for August

The expo will feature key activities including on-site and online exhibition booths; a digital business-to-business (B2B) buyer–seller matching programme; Vietnam Night; the opening ceremony; programmes for international buyers and media representatives; forums and thematic seminars introducing key source markets and emerging tourism trends; and a tourism consumer festival.

An illustrative image showing a Crystal Bay Airlines plane. (Photo: dantri.com.vn)

New Vietnamese airline takes off with charter capital of 11.4 million USD

According to the company's registration documents, Crystal Bay Airlines Joint Stock Company was established on November 6, 2025, with a charter capital of 300 billion VND (11.4 million USD). The firm operates in 51 business sectors, with its main focus being air passenger transportation.

Garment production for export at the Thai Nguyen Garment Company. (Photo: VNA)

Spring Fair 2026 strengthens Vietnam – India cooperation

The seminar aimed to help the Indian business community gain a clearer understanding of the scale, role and potential of the Spring Fair 2026 one of Vietnam’s major trade promotion events hosted by the Government and the Ministry of Industry and Trade.

VinFast Evo battery-swap electric motorbike (Photo: VNA)

VinFast rolls out four new electric motorbike models

The automaker introduced three battery-swappable models, Evo, Feliz II and Viper, designed for different customer segments. It also launched the Amio, a compact pedal-assisted model that does not require a driving licence, aimed primarily at students and short-distance urban commuters.

Handling export cargo at Lach Huyen Port, Hai Phong city. (Photo: hanoimoi.vn)

Internal strength crucial for building export resilience

In the new era, strengthening domestic capacity will be crucial to ensuring that Vietnam’s exports grow not only rapidly, but also sustainably, contributing meaningfully to the country’s development aspirations in the new era.

Production activities at a centrifugal concrete pillar manufacturing plant (Photo: VNA)

Rising FDI, investor optimism reinforce Vietnam’s appeal for inflows

Commenting on Vietnam’s FDI performance in 2025, Dr. Nguyen Quoc Viet, a public policy expert at the University of Economics under the Vietnam National University, Hanoi, said that the strong growth in disbursed capital, particularly additional funding for ongoing projects, reflects sustained confidence among international investors.

An illustration of the North-South high-speed railway project (Image created by AI)

Vietnam fast-tracks key national railway projects

With the completion of a key legal framework, Vietnam's major national railway projects have kicked off the new year of 2026 with an accelerated implementation phase, notably the North-South high-speed railway and the Lao Cai-Hanoi-Hai Phong railway line