Khanh Hoa breaks through to attract investment with many specific mechanisms and policies

Phương Linh |

Khanh Hoa - In the first 9 months of 2025, the province's industrial parks and economic zones have attracted 17 new projects with a total registered capital of more than VND 76,800 billion.

Attracting 17 new projects worth over VND76,800 billion

According to the Management Board of Khanh Hoa Economic Zones and Industrial Parks, by the end of September 2025, industrial parks and economic zones in the area had attracted 17 new projects with a total registered capital of more than VND 76,800 billion.

Of which, industrial parks alone received 12 projects with a total capital of more than VND 11,200 billion, 3 times higher than the same period in 2024.

Revenue in the first 9 months of 2025 reached VND46,584 billion; export turnover VND16,104 billion; enterprises paid VND1,843 billion to the budget and created jobs for nearly 39,000 workers.

According to the leader of the Provincial Economic Zone and Industrial Zone Management Board, immediately after its establishment, the Management Board established a specialized working group to support investors according to the "one-stop" mechanism, with a responsible focal point, clear document processing time, and significantly shortening the process.

This approach contributes to accompanying businesses and accelerating project implementation progress.

Incentives when investing in Khanh Hoa

At the investment promotion conference organized by Khanh Hoa Provincial People's Committee in July 2025, local leaders said: In addition to the advantage of strategic location, rich resources and infrastructure are being invested heavily, one of Khanh Hoa's biggest competitive advantages is the system of specific mechanisms and policies.

After the merger, the province is simultaneously applying two specific resolutions, opening up many opportunities to attract investment.

In particular, Resolution No. 55/2022/QH15 allows Khanh Hoa to expand autonomy in the fields of investment, finance, land, organizational structure, etc., contributing to shortening the process and improving flexibility in handling investment documents.

Resolution No. 189/2025/QH15 has created a separate legal space for the area that used to deploy nuclear power, now in Khanh Hoa province - where there are many favorable conditions for the development of logistics, energy and large-scale industries.

On that basis, the locality has built many investment incentive models, notably the Van Phong Economic Zone with the idea of forming a "Khanh Hoa Free Trade Zone".

Voi co che dac thu, chinh sach thu hut dau tu hap dan duoc Khanh Hoa trien khai nham hien thuc hoa muc tieu tang truong. Anh: Khanh Hoa
With a specific mechanism and attractive investment policies, Khanh Hoa has implemented to realize growth targets. Photo: Khanh Hoa

Strategic investors here will be given priority for early surveying and measurement, shortening project preparation time; at the same time, they will be arranged with convenient connecting infrastructure for both roads, railways and deep-water seaports.

Investors are also entitled to a "one-stop" mechanism in handling procedures related to taxes, customs, and import and export.

Khanh Hoa also has a special support policy for businesses operating in the marine and high-tech sectors, including exemption and reduction of sea rental fees at the highest incentives, access to clean land in high-tech parks planned by the province, along with corporate income tax incentives and innovation support.

At the same time, the province has restructured the administrative system in the direction of streamlining and efficiency, shifting from management - inspection to support - service.

Administrative procedures are handled online, interconnecting departments and branches according to a transparent process, significantly shortening waiting time. These efforts are contributing to significantly improving the investment environment, creating attraction for domestic and foreign enterprises.

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