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Vietnam’s Long Thanh Airport Faces Uphill Battle to Open on Time

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Vietnam’s Long Thanh Airport Faces Uphill Battle to Open on Time Vietnam’s new Long Thanh International Airport faces significant challenges to meet its December opening deadline, prompting the government to order round-the-clock construction to get the project completed on time. The flagship project, which is intended to relieve chronic congestion at Ho Chi Minh City’s Tan Son Nhat airport, is experiencing labor and material shortages, payment delays and rising costs, according to a...

Vietnam’s Long Thanh Airport Faces Uphill Battle to Open on Time Vietnam’s new Long Thanh International Airport faces significant challenges to meet its December opening deadline, prompting the government to order round-the-clock construction to get the project completed on time. The flagship project, which is intended to relieve chronic congestion at Ho Chi Minh City’s Tan Son Nhat airport, is experiencing labor and material shortages, payment delays and rising costs, according to a government statement. The first phase of the 336.63 trillion dong ($13 billion) project must be put into operation this year, it said.
Vietnam (LOCATION) Long Thanh Airport Faces Uphill Battle to Open on Time Vietnam’s (LOCATION) Long Thanh International Airport (LOCATION) Ho Chi Minh City’s (LOCATION) Tan Son Nhat (PERSON)
Originally published by Bloomberg Markets Read original →