The southern province of Dong Nai plans to open Southeast Asia's new main transit airport in 2020, local authorities announced Friday.
According to the plan, work on Long Thanh International Airport will start in 2015 with an initial investment of over US$6.75 billion.
The first phrase is scheduled for completion in 2020 and the airport will be able to admit A380-300 airplanes or those of a similar size, investor Vietnam Airlines Corporation said.
It then will be able to serve 25 million passengers together with 1.2 million tons of goods per year, the company said.
However, its capacity will be improved to 100 million passengers and five million tons of goods per year when all the three phrases are completed in 2030, according to the plan.
Minister of Transport Dinh La Thang said many railways and roads will connect to the airport, some 40 kilometers from Ho Chi Minh City's center.
New roads and rails will also be built to accommodate the new hub, he said.
In a report on Saturday, Tuoi Tre quoted authorities in HCMC as saying that Tan Son Nhat International Airport, which is currently Vietnam's largest, will continue operating, even after Long Thanh airport opens.