FLC Group, the investor in newly-operated Bamboo Airways, has proposed investing in Terminal 3 at Tan Son Nhat International Airport.
The information was given by Deputy Minister of Transport Nguyen Ngoc Dong at the cabinet meeting on Friday.
The recommendation was sent to the Ministry of Transport, but more details have not yet been specified by the group, Dong added.
The Airports Corporation of Vietnam (ACV) previously sent the same proposal to the ministry. The new terminal would cost more than VND11.43 trillion (USD488 million) and ACV proposed to entirely cover the investment.
ACV has also mentioned details of the project. The firm plans to kick off the project in the third quarter of 2020 and complete it in the second quarter of 2022.
ACV said that once operational, the terminal can serve 20 million passengers annually.
According to Dong, in cases where more than one investor was interested, the ministry would hold a tendering process.
According to a report on NLD