Vietnam is looking for partnerships with foreign investors to develop Phu Bai Airport in the central province of Thua Thien-Hue into an international one that can serve five million passengers in 2020.
Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Transport to work with concerned agencies and create plans for such a partnership.
Prime Minister Nguyen Tan Dung had in July last year approved a plan to upgrade the airport so that it can meet international standards and receive large aircraft. It can only serve 500,000 passengers a year at present.
Last month the provincial administration requested the government's consent for attracting foreign investment to upgrade the airport.
State-run Middle Airports Corporation, which manages Phu Bai and six other airports in the central coastal and highlands region, said it had signed a Memorandum of Understanding with Singapore's Changi Airport International in 2008 to form a joint venture for the upgrade project.
Both sides, however, have failed to agree on many key issues, including partnership benefits and management.