New opportunities for businesses to invest in Khanh Hoa

Strategic vision to 2030​

The year 2025 is not only an important milestone in the completion of Khanh Hoa province's development goals but also marks a major step forward for the locality to realize its long-term vision to 2030. Khanh Hoa's goal is to become one of the localities with the highest per capita income in the country. To achieve this, Khanh Hoa focuses on developing two main pillars: digital economy and green economy. At the same time, it encourages innovation and the application of advanced technologies such as artificial intelligence and biotechnology.

Khanh Hoa focuses on developing three key economic areas: Van Phong Economic Zone, Nha Trang City and Cam Ranh Bay area.

Khanh Hoa province’s 2025 investment promotion program focuses on building digital infrastructure and developing information technology. On the other hand, Khanh Hoa also focuses on developing environmentally friendly fields such as renewable energy, eco-tourism, high-tech agriculture and environmental protection. These projects contribute to sustainable development, creating a solid foundation for innovative businesses and startups.

In particular, Khanh Hoa pays special attention to the healthcare sector. By developing medical tourism and applying technology in healthcare, the locality hopes to improve the quality of life for its people, attracting the attention of investors in this industry.

To achieve the above objectives, Khanh Hoa has identified a number of major markets as strategic partners such as Japan, South Korea, Singapore, Germany, the United States, Australia, Taiwan and countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as well as the Vietnam - EU Free Trade Agreement (EVFTA). These countries have developed economies and high cooperation potential, promising to bring many investment opportunities to Khanh Hoa.

Along with that, Khanh Hoa province also focuses on developing three key economic areas: Van Phong Economic Zone, Nha Trang City and Cam Ranh Bay area. These areas possess distinct advantages in terms of infrastructure and development potential in the fields of tourism, renewable energy and clean industry.

Reforming the investment environment and supporting businesses

Khanh Hoa is committed to continuing to reform administrative procedures and enhancing the application of information technology in management and administration. At the same time, it will make information on planning, land and resources transparent. These changes will help reduce costs and time for investors, while creating a more favorable investment environment.

Khanh Hoa focuses especially on developing two main pillars: digital economy and green economy.

According to Mr. Chau Ngo Anh Nhan, Director of Khanh Hoa Province Department of Finance, the establishment of the Steering Committee for Investment Promotion and Business Support will help the locality be more proactive in supporting investors, solving arising problems and facilitating key investment projects.

To best support investors, Khanh Hoa pays special attention to completing the transport infrastructure system. Especially highway projects such as Van Phong - Nha Trang and Khanh Hoa - Buon Ma Thuot. These projects help strengthen the connection between Khanh Hoa and other provinces and cities, creating opportunities for businesses to develop more conveniently.

Chairman of Khanh Hoa Provincial People's Committee, Mr. Nguyen Tan Tuan said that the province is opening a new chapter in its development journey. Attractive investment opportunities and strong growth potential are being welcomed by Khanh Hoa. At the same time, the local government is committed to providing maximum support to enterprises in the process of implementing projects and doing business in the locality.

With investment policies and incentives, along with an increasingly improved investment environment, Khanh Hoa is becoming a potential destination for domestic and foreign investors. Key transport infrastructure projects, along with a green and digital economic development strategy, will help Khanh Hoa not only maintain its growth momentum but also create a solid foundation for sustainable growth in the future.

Khanh Hoa is entering a new phase of development, with attractive investment opportunities, an open business environment and strong growth potential. Investment support policies, along with a focus on developing high-tech industries, renewable energy and eco-tourism, will help the locality achieve its goal of becoming a dynamic and sustainable economic center in the near future.

To best support investors, Khanh Hoa pays special attention to completing the transport infrastructure system.

Source: https://thoibaonganhang.vn/co-hoi-moi-cho-doanh-nghiep-dau-tu-vao-khanh-hoa-162000.html