Airlines in Vietnam are looking at ways to overcome the impact of the COVID-19 outbreak after seeing declining passenger numbers.

No State capital will be provided for the construction of the Tan Son Nhat Airport’s T3 Terminal, Deputy Prime Minister Trinh Dinh Dung has announced.

The Airports Corporation of Vietnam (ACV) said 21 airports that it is managing and operating are expected to serve a total of 127 million passengers in 2020, a year-on-year rise of 10 percent.

Airports Corporation of Vietnam (ACV) has planned the investment of VND4.78 trillion (USD214.97 million) into rebuilding Dien Bien Phu Airport in the northern mountainous province of Dien Bien.

The feasibility study report for the first phase of the Long Thanh International Airport was deliberated on November 12 morning as part of the eighth sitting of the 14th National Assembly.

The Ministry of Transport has asked the prime minister to consider a plan to buy out the Airports Corporation of Vietnam (ACV), turning ACV into a wholly State-owned company to ensure national security and defense interests are secured.

Da Nang will build a new terminal, T3, at its international airport with total investment of $391 million, increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.

The Government should let the private sector develop entire airports rather than some of their components, said Lai Xuan Thanh, chairman of the State-run Airports Corporation of Vietnam (ACV).

Bank for Investment and Development of Vietnam, the country’s third-largest lender by assets, is seeking governmental permission to cooperate with France’s Aeroport de Paris to jointly invest in Airports Corporation of Vietnam.

 Airports Corporation of Vietnam (ACV) raised over 1.11 trillion VND or 49.6 million USD in its initial public offering (IPO) at the Ho Chi Minh Stock Exchange (HoSE) on December 10.

 VietNamNet Bridge - The value of the Airports Corporation of Vietnam (ACV), the investor of Long Thanh International Airport, is nearly $38 trillion (about $1.8 billion), according to the Ministry of Transport.