A bit about this furture airport
Long Thành International Airport (IATA/ ICAO codes are not signed, but unofficial info said that they might be VVLT for the ICAO code) locates approx 40km/25mi to the East of Ho Chi Minh City (Saigon, SGN) and it would be built to (partly) replace the currently Tân Sơn Nhất Int'l Airport (SGN), which is heavily overloaded due to the rise of demand before the pandemic.
Base on the Wikipedia, as well as the Vietnamese articles, have a look that this airport's plan:
The Master Plan for Long Thanh International Airport was approved by the Prime Minister Phan Văn Khải in 2006 and several adjustments have been made through time. The project faced mixed public reaction for its expensive cost and far distance from the center of Ho Chi Minh City.
Based on the demand of transportation, the investment will be divided in phases. The Southern Airports Corporation (a company under the Ministry of Transport (Vietnam)) is in charge of development of this project.
Phase 1 (2019 – 2025)
The first phase is estimated to cost US$7.8 billion and will be divided into 3 sub-phases.
Phase 1A (2019 – 2023)
According to the original plan, the airport would handle 25 million passengers per year after this phase is completed; however, the proposed capacity was later lowered to 17 million passengers per year to reduce construction cost. US$5.6 billion will be allocated to this phase. One terminal will be built along with a single runway.
Phase 1B (2023 – 2025)
Another runway will be built and increase the total capacity to 25 million passengers per annum.
Phase 1C (2025)
The rest of necessary facilities will be built and land-clearance for future phases will be made. The airport will begin operating in 2025.
Phase 2 (2025 – 2035)
The capacity will be doubled to 50 million passengers per annum and the third runway will be added when the phase is finished, which is scheduled to be in 2035.
Phase 3 (After 2035)
The airport will reach its maximum designed capacity at 80-100 million passengers and 5 million tonnes of cargo per year. Four runways will be operational after the third phase.
The illustration of the airport after reaching the final construction phase:
There would be four terminals and four runways. Seems pretty fine in 2020
Vietnam has a lot of dreams to build this airport. First, using VN's Skyteam membership power, the government wants to turn this airport into a large transit hub of the ASEAN region, compete with KUL, SIN, BKK,... Besides that, Vietnam has real demand to build this airport as the 100-year-old SGN is being overloaded and its quality might be too bad to hold international flights in the future.
How do you think about that?
First news: the airport's construction "should" begin at 2Q of 2021!
The Ministry of Planning and Consulting - The appraisal agency requires the Ministry of Transport, the Airport Corporation of Vietnam (ACV) - the agency to set up the FS, to acquire and complete the dossier for re-establishment. After the Ministry of Transport is re-evaluated, the appraisal and review organization shall report back to the State Appraisal Council for approval and the Government to consider and approve the investment project.
If the Prime Minister approves the project in early July, ACV will complete the necessary procedures to start the project into the second quarter of next year and complete in 2025.