Sun Group has signed a US$360 million agreement with an international consortium to build a massive aircraft maintenance, repair and overhaul complex at Vietnam's Van Don International Airport. The project, involving HAECO, Japan Airlines and Toyota Tsusho, aims to address a severe regional capacity shortage and lower the local industry's dependence on overseas engineering hubs when operations begin in 2028.
Vietnamese developer Sun Group has formed a strategic alliance with Singaporean operator The Ascott Limited. The deal introduces 1,700 premium accommodation rooms across Ho Chi Minh City and Phu Quoc. Four distinct international hospitality brands will be deployed to capture diverse traveler demographics. Notably, the partnership debuts the lifestyle concepts lyf and HARRIS in Vietnam, aiming to prolong visitor stays and elevate local tourism competitiveness.
Dubai’s Mohammed Bin Rashid Aerospace Hub has launched a new 24,900 square metre Light Industrial and Maintenance Complex. The development includes 33 flexible units built to support aviation and aerologistics companies. Scheduled for completion by Q3 2027, the project aims to meet rising market demand and help international businesses grow inside the Dubai South free-zone ecosystem.
Construction has officially begun on the civil aviation component of Phan Thiet Airport, a project valued at over 3,900 billion VND. Led by Sun Group, the 4E-standard airport is expected to be completed within two years. Located in Mui Ne, the facility features a Champa-inspired terminal designed to handle two million passengers annually, marking a significant milestone for regional connectivity and tourism.
Sun PhuQuoc Airways has partnered with Pacific Air Agency to launch direct flights between South Korea and Phu Quoc. A daily service from Seoul starts on 17 April 2026, followed by a Busan route in June. The airline aims to capture a growing market that saw over 4.3 million Korean visitors to Vietnam in 2025. Passengers will benefit from significant discounts within the Sun Group ecosystem.
Sun Group and Changi Airports International have partnered to manage Phu Quoc International Airport, introducing Vietnam’s first "airport destination" model. The collaboration aims to elevate the site to 5-star international standards, featuring a new terminal and advanced smart technology. With a planned capacity of 24 million passengers annually, the project is designed to transform the airport into a hub for retail, dining and entertainment before APEC 2027.
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