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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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Ho Chi Minh City
Saturday, May 31, 2025

VND35-trillion bidding package in Long Thanh airport project cancelled

The Saigon Times

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HCMC – The Airports Corporation of Vietnam (ACV) has decided to cancel a VND35.2-trillion bidding package under the Long Thanh International Airport project, citing ineligible bidding documents.

Contract package 5.10 involves design, construction and equipment installation in the passenger terminal, which belongs to Component 3 on major works in the first phase of the big-ticket Long Thanh airport project.

The first phase, running from 2020 to 2025, would cost an estimated VND109 trillion (US$4.6 billion at the current exchange rate) and consist of a runway, a passenger terminal and other supporting facilities. This phase is designed to handle 25 million passengers and 1.2 million tons of cargo.

This is the biggest contract package in the first phase of the airport project. It would take 33 months to carry out the package, including weekends, holidays and Lunar New Year, as from the date of the contract coming into force.

ACV will re-open competitive international tenders for the package and this process might take 45 days, reported the local media.

In October this year, ACV held a pre-bidding conference with around 10 contractors from Germany, Japan, South Korea, China and Vietnam taking part. But when the bidding time was closed on November 8, 2022, only one entity submitted its bidding documentation, leading to an extension of the bidding until the end of November.

However, all bidding files are not qualified under Article 17 of the Bidding Law, resulting in ACV cancelling the bidding.

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