Accordingly, the firm will spend about VND2 trillion (88 million USD) on expanding international terminal (phase 2) and an airplane parking area at Tan Son Nhat Airport in Ho Chi Minh City. ACV will also disburse VND1.2 trillion (52.8 million USD) to repair T1 Terminal and expand a parking area at Hanoi-based Noi Bai International Airport.
A VIP lounge will be built at Da Nang International Airport, while its airplane parking area will be upgraded with a total investment of about VND150 billion (6.6 million USD) to serve the APEC Economic Leaders Week in November.
In addition, ACV will also expand a terminal and a plane parking area at Phu Quoc International Airport with an estimated cost of about VND2 trillion (88 million USD), in order to raise the airport’s capacity to 5 million passengers per year.