The Airports Corporation of Vietnam (ACV) has predicted the number of passengers passing through its airports will surge 12 percent year-on-year to 116 million by the end of this year.
The Airports Corporation of Vietnam (ACV) has targeted earning 19.1 trillion VND (820 million USD) in revenue and 8.2 trillion VND (355 million USD) in pre-tax profit in 2019, representing year-on-year increases of 7 percent and 9 percent.
The State-owned Airports Corporation of Vietnam (ACV) plans to invest 45 trillion VND (1.5 billion USD) in the first phase of the Long Thanh International Airport in the southern province of Dong Nai.
Serious traffic congestion at Tan Son Nhat International Airport could be addressed only with comprehensive investment in terminals, runways, air traffic management and the apron system.
Vietnamese airlines will have to raise their games to seize opportunities as well as counter challenges as the formation of the ASEAN Community will open up regional air transport market to players.
Business
