Towards the 1st Khanh Hoa Provincial Party Congress, term 2025 - 2030: Breakthrough in attracting investment, creating new growth momentum

With outstanding successes in attracting investment in the period of 2020 - 2025, Khanh Hoa province is confidently entering the new term of 2025 - 2030 with breakthrough strategies to create sustainable growth momentum. Khanh Hoa after the merger has a large development space, is a new growth pole, attracting domestic and foreign investment capital.

Exceeding the target, creating momentum for breakthrough

During the 2020 - 2025 term, Khanh Hoa has recorded impressive results in attracting investment. The total social development investment capital is estimated at over 370.2 trillion VND, exceeding the set plan by 10 trillion VND. The average annual growth rate is estimated at 12.7%, demonstrating the effectiveness and attractiveness of the investment environment in the province.

Deputy Prime Minister Nguyen Chi Dung and provincial leaders presented the approval decision and flowers to the investor.

According to Director of the Chau Finance Department Ngo Anh Nhan, the results were achieved thanks to the province's efforts to attract strategic investors in key areas such as: High-tech processing and manufacturing industry; clean energy (southern province), marine economy , seaports, tourism - urban areas in strategic areas such as Van Phong Economic Zone and Cam Ranh Bay.

This success comes not only from investment projects from the budget but also from the strong development of the private economic sector and FDI. Speaking at the meeting with businesses and investors in Khanh Hoa province in 2025, Chairman of the Provincial People's Committee Tran Quoc Nam emphasized that the province has been concretizing the spirit of Resolution No. 68-NQ/TW dated May 4, 2025 of the Politburo on private economic development, identifying this as a key driving force for growth. The province has proactively reviewed all development programs, integrated the requirements of Resolution No. 68 into public investment planning and plans, and resolutely reformed procedures and completely handled backlogged projects.

The clearest evidence is that in the first 7 months of 2025, the province's GRDP increased by 7.33% and the total social investment capital reached over 42 trillion VND, attracting 61 projects with nearly 389 trillion VND of registered capital. Among them, there are large-scale projects, creating momentum for growth such as: Cam Lam New Urban Area (283.3 trillion VND); Ca Na LNG Thermal Power Plant (56 trillion VND); Dam Mon New Urban Area (25.6 trillion VND). This is the clearest evidence that the private economy and FDI are truly becoming important driving forces, contributing to economic growth, budget revenue and job creation for workers.

Vision and strategy

To continue promoting investment attraction, Khanh Hoa has identified breakthrough strategic directions for the 2025 - 2030 term, focusing on clearing bottlenecks and improving competitiveness. In particular, the province pays special attention to institutional and policy breakthroughs. The province will make the most of specific mechanisms and policies after the merger to create breakthroughs in attracting resources. In particular, Khanh Hoa will pilot a streamlined site clearance process in Van Phong Economic Zone, shortening the time from 6 to 12 months to create the most favorable conditions for investors. Along with that, the province will drastically reform administrative procedures and improve the investment and business environment, determined to bring Khanh Hoa into the group of 10 provinces and cities with the highest provincial competitiveness index (PCI) in the country by 2030.

Chairman of the Provincial People's Committee Tran Quoc Nam welcomed FDI investors at the business meeting.

In order to support and facilitate investors, Khanh Hoa province focuses on completing planning and investing in infrastructure; reviewing and adjusting the provincial planning in accordance with the new boundaries after the merger and devoting large resources to developing synchronous infrastructure, especially digital infrastructure, transportation and industrial zones. The province also pays special attention to developing high-quality human resources, considering this one of the bottlenecks that need to be focused on solving. In the coming time, Khanh Hoa will have specialized policies to attract and promote talents, and at the same time establish a Center for Training Technical Human Resources in Industry and Energy to meet development needs.

Investor confidence

The success of Khanh Hoa is also demonstrated by the strong confidence of investors. Mr. Kim Song Hag - General Director of HD Hyundai Vietnam Shipbuilding Co., Ltd., one of the long-term investors in the province, affirmed: “Choosing to invest in Khanh Hoa province is a very correct decision of our company. We appreciate the strong and proactive support of the provincial leaders that has helped businesses overcome major challenges, especially the provincial leaders proactively directing state agencies to promptly remove difficulties in procedures and documents, to key issues for businesses to facilitate project implementation. With that foundation, I am sure that Khanh Hoa is an ideal investment destination, full of potential with all factors. Investors will achieve truly meaningful results like our current success, when investing in projects here".

With its investment attraction policy, Khanh Hoa has affirmed its pioneering position in the field of renewable energy, especially solar and wind power. In the photo: Wind power, Phuoc Dinh solar power.

After the merger, Khanh Hoa is at a "golden time" to make a breakthrough. Seizing the opportunity, FPT Corporation is committed to accompanying the province on the journey of digital transformation, considering science and technology as new growth drivers. To realize this vision, FPT proposes 5 strategic directions: Building a coastal innovation zone as a pilot site for specific mechanisms; investing in core technologies such as AI and big data to turn Khanh Hoa into a national "data eye" for the sea; piloting the model of "Comprehensive Smart Digital Citizen". FPT Corporation General Director Nguyen Van Khoa affirmed: We are committed to training 50,000 digital workers by 2030 and believe that these new growth pillars can contribute 3.5% to the province's GDP.

With its achievements and bold strategies for the new term, Khanh Hoa is affirming its position as a destination of opportunity and trust, a place where values ​​converge for sustainable development and prosperity.

Mr. Tuan

Source: https://baokhanhhoa.vn/kinh-te/202508/huong-toi-dai-hoi-dai-bieu-dang-bo-tinh-khanh-hoa-lan-thu-i-nhiem-ky-2025-2030-dot-pha-thu-hut-dau-tu-kien-tao-dong-luc-tang-truong-moi-b545619/