Khanh Hoa announces 3 attractive incentive models for investors

Phương Linh |

Khanh Hoa - Chairman of Khanh Hoa Provincial People's Committee informed about the potential, specific policy mechanisms and development orientations after the merger.

On the afternoon of July 25, the People's Committee of Khanh Hoa province held a meeting with businesses and investors in 2025 with the theme "Khanh Hoa - Convergence of values, sustainable investment".

Mr. Nguyen Chi Dung, member of the Party Central Committee, Deputy Prime Minister attended the conference.

The conference welcomed more than 300 investors and businesses inside and outside the province to discuss and share proposals that contribute to the growth picture of the new Khanh Hoa province.

At the conference, Mr. Tran Quoc Nam - Chairman of Khanh Hoa Provincial People's Committee informed investors and businesses about the appearance of the new Khanh Hoa province as a resource of the center of marine economy, tourism and services.

In which, the province is at the forefront of renewable energy, clean energy...

The advantage in location and infrastructure is also very clear with deep-water ports, international airports, expressway and railway systems connecting the region, creating conditions for Khanh Hoa to become a logistics, cargo and energy transit center of the region.

In particular, the implementation of nuclear power projects, pumped-storage hydropower plants and LNG energy complexes will open up opportunities for Khanh Hoa to become a national power center.

Chairman of the Provincial People's Committee Tran Quoc Nam outlined the current incentives that Khanh Hoa is offering as 2 specific resolutions, creating opportunities to attract investment, including: Resolution No. 55/2022/QH15, allowing the province to expand autonomy in investment, finance, land, organizational structure, etc., helping to shorten the process and improve flexibility in handling investment documents.

Ong Tran Quoc Nam - Chu tich UBND tinh Khanh Hoa thong tin cac chinh sach thu hut dau tu cua tinh sau sap nhap. Anh: Phuong Linh
Mr. Tran Quoc Nam - Chairman of Khanh Hoa Provincial People's Committee informed about the province's investment attraction policies after the merger. Photo: Phuong Linh

Resolution No. 189/2025/QH15, creating a separate legal space for the former nuclear power implementation area, 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 province has designed a number of investment incentive models, with three typical groups. That is an incentive at Van Phong Economic Zone. This is a national key area, where the province is studying the model of Khanh Hoa free trade zone.

Strategic investors here will be given priority to carry out survey and measurement procedures early, shorten investment preparation time; be arranged with convenient infrastructure for road - rail - deep-water seaport connection; enjoy a one-stop policy in handling administrative procedures related to taxes, customs, and import and export.

Policy incentives to support marine and high-tech enterprises. Enterprises in this field will be exempted from and have reduced sea rental fees according to the highest incentives; access to clean land in high-tech parks planned and invested in by the province; enjoy preferential corporate income tax policies and innovation support.

And finally, according to Mr. Nam, there are incentives for a transparent investment environment, accompanied by the government.

Khanh Hoa province has restructured the administrative system in the direction of streamlining - efficiency - responsibility, shifting from the "management - inspection" model to "support - service".

The locality also strengthens the processing of records on the network environment, connecting departments and branches according to a specific, transparent coordination process and reducing waiting time.

"Each business has many investment destination options. But Khanh Hoa today - with a special institution, an act of government and a new development space - is opening a "golden door" for long-term cooperation and sustainable development" - Mr. Nam emphasized.

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