On August 5, the People's Committee of Khanh Hoa province announced that it had just issued a plan to organize a groundbreaking ceremony for 4 key projects to celebrate the 80th anniversary of the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2025).
The projects have a total investment of tens of thousands of billions of VND, spread across the fields of industry, urban, education and social security.
The first project is Doc Da Trang Industrial Park (more than 287 hectares, estimated investment capital of over VND 1,807 billion) invested by Viglacera Yen My Industrial Park Development Joint Stock Company, which has now approved the 1/2,000 zoning plan and is completing procedures to start construction.
The second project is the Nha Trang City Mixed-use Urban Area in Nam Nha Trang Ward, invested by Ha Long Sun Company Limited with a scale of nearly 227 hectares, a total capital of about VND17,000 billion - one of the large urban projects in the central area of Nha Trang City.
The project has completed the detailed planning and is currently appraising the feasibility study report and site clearance.
Third, the training and research facility of Ho Chi Minh City University of Economics in Nam Nha Trang ward (more than 2 hectares, capital of 294 billion VND), including a youth union block, a conference hall, and a dormitory serving about 2,000 students, is also ready for the groundbreaking ceremony.
Fourth is the social housing project in Thanh Hai resettlement area invested by Sao Bien Real Estate Company Limited, with a total capital of more than 1,136 billion VND, including 4 15-storey apartment buildings providing 1,352 apartments for about 5,400 people - completing land procedures, fire prevention and fighting and the environment.
Khanh Hoa Provincial People's Committee requires investors to send reports on progress and preparation for the groundbreaking ceremony to the Department of Construction before August 10, completing all legal procedures before August 15 to ensure the groundbreaking ceremony is in accordance with regulations.
In 2024, Khanh Hoa attracted 25 non-budgetary investment projects with a total registered capital of nearly VND51,000 billion. The real estate market recorded more than 27,200 transactions with a total value of nearly VND46,700 billion, up 36% over the same period last year - affirming the increasingly strong investment attraction of this South Central coastal locality.
