Khanh Hoa authorities are planning to build a second runway in the central province's Cam Ranh International Airport.
It would cost around VND1.3 trillion (US$61.3 million) according to the People's Committee, news website VnExpress reported Wednesday.
The airport's existing runway was built by the US army more than 40 years ago, and is only good enough for Airbus A320 aircraft.
But A321 and Boeing B737 aircraft also fly into Cam Ranh now.
Last month US-based ADC-HAS Airport, a joint venture between Canada's Airport Development Corporation and the US's Houston Airport System said it is drafting a detailed plan to expand the airport and would submit it to the Aviation Authority of Vietnam.
ADC-HAS said it has received approval from the Overseas Private Investment Corporation, a US government development finance institution, for the project and the latter has pledged credit of up to $250 million.
Cam Ranh International Airport receives a million passengers a year and hopes to increase that to 2.5 million by 2015.
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