Russian contractor seeks to withdraw from billion-dollar power project in Vietnam

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Long Thanh airport construction 76% complete

Long Thanh airport construction 76% complete

podcast June 22, 2026

Construction of Long Thanh International Airport’s Component 3 has reached nearly 76% of the value of signed contracts, with more than 7,300 workers deployed under a 180-day acceleration campaign, according to the Airports Corporation of Vietnam (ACV).

Russian power engineering company Power Machines is seeking to withdraw from the billion-dollar Long Phu 1 thermal power plant project in Vietnam due to U.S. sanctions.

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Long Thanh airport construction 76% complete

Long Thanh airport construction 76% complete

podcast June 22, 2026

Construction of Long Thanh International Airport’s Component 3 has reached nearly 76% of the value of signed contracts, with more than 7,300 workers deployed under a 180-day acceleration campaign, according to the Airports Corporation of Vietnam (ACV).