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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.

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  • Free access to daily domestic news, podcasts and videos

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(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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28.9 C
Ho Chi Minh City
Friday, July 18, 2025

Vung Tau Airport to be rebuilt into urban area

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HCMC – After being relocated to Go Gang Island, the existing Vung Tau Airport in the city center will be developed into an urban area.

The standing board of the Party Committee of Ba Ria-Vung Tau Province has met with representatives of a consortium comprising Van Phu-Invest Investment JSC and VCI Investment JSC, and of consulting firms to discuss the development of Hai Dang new urban area and another residential area at the existing airport in Vung Tau City.

The provincial government stated that the consortium had earlier written to the province seeking approval to study and invest in Go Gang Airport in Long Son Commune. Besides this, the two firms proposed developing the two residential areas.

As for the Vung Tau airport, which covers some 172 hectares of land, the consortium proposed building a new urban area comprising a 35-hectare compact city, a 46-hectare central park, a 24-hectare transit and trading service complex, a 20-hectare financial and technology center and a 25-hectare complex.

The standing board praised the idea, calling on the consortium to carefully assess the density of the population, the number of vehicles and the traffic flow at the projected area to work out a solution for traffic connections and the construction of parking lots.

Apart from this, the consortium should reconsider the feasibility of constructing a financial center, the standing board said, suggesting gathering branches of banks in the province at the center.

Nguyen Hong Linh, secretary of the provincial Party Committee, told the relevant agencies to add the urban area project at the existing airport to the province’s list of key projects to speed up preparatory procedures and promptly remove obstacles to progress, Nguoi Lao Dong newspaper reported.

Many urban traffic experts threw their support behind the relocation of Vung Tau Airport to Go Gang Island, pointing out that moving the airport from the city center would contribute to the establishment of new urban areas in both parts of Vung Tau.

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