Khanh hoa: With its sweeping coastline, lush forests, and fertile plains, the southern province of Khanh Hoa is doubling down on infrastructure upgrades, administrative streamlining, and tailored policies to court foreign direct investment (FDI), all with an eye toward becoming a centrally-run city by 2030. In the first eight months of 2025, the province secured 62 off-budget investment projects worth over 391 trillion VND (15 billion USD). FDI projects now number 163, with registered capital nearing 5.1 billion USD.
According to Vietnam News Agency, the strategic focus on infrastructure and administrative reforms is part of Khanh Hoa’s ambitious plan to elevate its economic standing and facilitate significant growth. The province is actively implementing measures designed to attract foreign investors, including simplifying investment procedures and offering incentives to businesses.
Khanh Hoa’s efforts are aimed at transforming its economic landscape and positioning itself as a prominent hub in the region. By targeting double-digit growth through these initiatives, the province seeks to enhance its economic resilience and competitiveness on both a national and international scale.
The province’s commitment to fostering a conducive environment for foreign direct investment is evident in its recent achievements and future plans. By 2030, Khanh Hoa aims to have fully realized its potential as a centrally-run city, driven by robust economic activities and substantial FDI contributions.