HAECO, Japan Airlines, Toyota Tsusho, and Sun Group have agreed to form a joint venture to develop a $360 million MRO complex at Van Don International Airport in Quang Ninh Province, Vietnam. The 20-hectare facility will feature a four-bay widebody hangar with capacity for two narrowbody aircraft simultaneously, targeting operations in late 2028 pending regulatory approvals. This project addresses Vietnam’s domestic maintenance capacity gap, creating over 1,000 high-skilled jobs including 200 foreign specialists while introducing international standards to support regional airline growth. The venture positions Van Don as the first privately developed airport in Vietnam hosting a large-scale MRO hub, potentially shifting MRO activity from established regional centers like Singapore and Malaysia.