The Airports Corporation of Vietnam (ACV) on August 30 signed a contract for the management and operation consultancy of the Long Thanh International Airport project, according to a report from the Vietnam News Agency.

Earlier, in June 2024, ACV carried out procedures for an international bidding process to look for airport management and operation consultancy provider. As a result, Incheon International Airport Corporation from South Korea, in partnership with Vietnam's PMI Consultancy Services, won the bidding. Both members of the consortium are recognized for their strong capabilities and extensive experience in airport projects.

According to the ACV, the global aviation industry is evolving, with trends such as smart airports incorporating biometric and AI technologies, green airports emphasizing CO2 reduction, and heightened competition among international airports.

Long Thanh airport, spanning 5,000 hectares in southern Dong Nai province, aims to align with these trends by integrating advanced technologies in its construction and operations.

Classified as a 4F airport by the International Civil Aviation Organization, Long Thanh airport is set to become a major aviation hub in the region.

The project is divided into three phases, with an ultimate capacity of 100 million passengers and 5 million tons of cargo annually. The first phase will handle 25 million passengers and over 1 million tons of cargo per year.

Currently, four major construction packages, including the passenger terminal, runway, two connecting roads, and the air traffic control tower, are underway.

Over 8,000 workers are working around the clock to ensure timely completion. The first commercial flight is scheduled for September 2, 2026.