Airports Corporation of Vietnam
Airports corporation of Vietnam (ACV) is a state-owned corporation and be responsible for the management & operation of 22 airports all over Vietnam, including 9 international airports and 13 domestic airports.
ACV is also responsible for national security defense and socio-economic development by ensuring aviation security & safety, modernising airport facilities, developing services to meet the increasing demands of aviation business, expanding cooperation investment to contribute to make Vietnam as one of the most attractive destinations in Asia – Pacific.
Since 2012, Vietnam’s aviation market has grown over the years, putting considerable pressure on ACV’s airport infrastructure. To compromise the issue, ACV has continuously invested in upgrading the facilities of its airports to further strengthen passenger service capacity. In the vision to 2030, all investment efforts are expected to form ACV’s airports network to be the leading international aviation center in the region. With that advantage, ACV will actively implement business strategies to improve the company’s operational efficiency and increase aeronautical & non-aeronautical service revenue.
In the current 2023-2026 period, ACV is focusing all investment resources to complete phase 1 of the mega project – Long Thanh International Airport Project (the project, when completed in 4 phases, will serve 100 million passengers, and explore 5 million tons of air cargo per year, with complete master planning to become an airport city). With the current rapid construction progress, Long Thanh International Airport is gradually taking shape. The Airport will soon become the largest complex in Vietnam to compete for the regional leading position in retail, dining, entertainment, conferences, and exhibitions, with hotels and office facilities…The challenge and opportunity for ACV is to protect and develop commercial aspects of the airport by developing suitable partnerships that meet customer expectations. This involves fostering innovative business partnerships and developing new revenue streams and commercial models…all of which are central to the Trinity Forum, which includes world’s leading scale in commercial business at airports.
Collaboration between ACV, airlines, non-aviation and tourism service business partners and world-class brands will become more necessary to ultimate the potential and advantages of infrastructure investment projects that ACV is developing. With signals from the Vietnam tourism industry continuing to recover in 2024 and 2025, this Trinity Forum will bring to ACV and its partners the opportunity to learn and explore new & innovative business models to achieve commercial excellence.
Finally, ACV believes that when participating in Trinity Forum 2024, delegates who are leading commercial aviation experts will also be able to find many opportunities for future development cooperation with ACV.
Imex Pan Pacific Group
After nearly 40 years of operation, IPPG is one of Vietnam’s largest multi-sector retail conglomerates, with a workforce of 25,000 employees, owning 35 subsidiary and joint-venture companies. IPPG is also the largest shareholder of Cam Ranh International Airport Terminal. In the retail and tourism sectors, IPPG has invested in numerous non-aviation service projects at Vietnamese airports and border crossings, including duty-free shops, food and beverage outlets, and modern passenger service areas featuring hundreds of renowned global brands. Through its reputation, IPPG serves as a key partner to major global duty-free business groups.