On July 26, information from the People's Committee of Khanh Hoa province said that it had reported in the first 6 months of 2025 on the socio-economic situation.
According to the report, the province recorded many positive signals with GRDP increasing by 7.33%, budget revenue increasing by nearly 28%, tourism growing strongly.
However, industry growth is slow, site clearance is still facing many difficulties, and digital transformation has not had a breakthrough.
The locality has focused on implementing the Central's policies and guidelines, completing the reorganization of the two-level local government, creating a new foundation for socio-economic development.
In the first 6 months of the year, GRDP increased by 7.33%, total social development investment capital reached 42,099.7 billion VND (up 5.8%), budget revenue was 15,390 billion VND (equal to 55% of the estimate assigned by the Central Government, up 27.9%).
Export turnover reached 1,266 million USD (up 15.8%), total retail sales of goods and consumer service revenue reached 95,889 billion VND (up 14.7%). In particular, tourism revenue reached VND34,001 billion, up 20.2% over the same period.
Public investment disbursement reached 41.32%, higher than the national average. The province also attracted 61 non-budgetary investment projects with a total registered capital of about 388,000 billion VND.
Notable are large-scale projects such as: Ca Na Industrial Park (VND 3,875 billion), Ca Na LNG Thermal Power Plant (VND 56,000 billion), Cam Lam New Urban Area (VND 283,000 billion), Tu Bong New Urban Area (VND 43,000 billion)...
Along with that, the whole province has newly issued registration certificates for establishments to 2,002 enterprises (up 11.9%), with a total registered capital of VND 12,900 billion (up 41.3%).
Some key and breakthrough tasks have achieved positive results in the province such as the Prime Minister approving the investment policy for the Cam Lam, Tu Bong, and Dam Mon New Urban Area projects.
Khanh Hoa Provincial People's Committee approved the investment policy for phase I of Ca Na Industrial Park; issued the Plan to start construction of Ninh Thuan Nuclear Power Plant; completed the Khanh Hoa Free Trade Zone Project and the specific mechanism for developing Van Phong Economic Zone to submit to the Central Government.
The 2-level local government apparatus has been operating smoothly since July 1, 2025; the province has also issued a set of KPI assessment tools for cadres, civil servants and public employees.
However, the provincial leaders admitted that there are still many limitations such as: GRDP of 7.33% is still lower than the target of over 10%, industry growth of only 4%, and has not yet promoted its leading role.
Site clearance is slow, affecting project progress; science and technology, digital transformation and innovation have not had any significant changes.
