11:00 26/07/2025

Khanh Hoa province 's 2025 Investor Meeting yelds massive financial commitments

Anh Nhi

Provincial leaders awarded investment approval decisions for eight large and diverse projects across various sectors as urban development, industry and energy, healthcare and education, and tourism and resorts.

Provincial leaders awarded investment approval decisions for eight large and diverse projects.
Provincial leaders awarded investment approval decisions for eight large and diverse projects.

 A series of strategic cooperation agreements, large-scale credit commitments, and investment approval decisions were signed and awarded on July 25 at the 2025 Business and Investor Conference of Khanh Hoa province in the central region. 

The event witnessed strong commitments from leading banks and corporations, demonstrating their confidence in the province's potential and investment environment, following its official transition to a new operational model on July 1, 2025, after the merger of administrative units.

A centerpiece of the event was the signing ceremony for credit agreements totaling tens of trillions of  VND (Vietnamese currency). The most significant of these was a Memorandum of Understanding (MoU) for a VND50 trillion (approx. $1.9 billion) credit line between the Provincial People's Committee and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to finance key projects in the region.

The conference also marked a milestone for long-term strategic partnerships. The Provincial People's Committee and the national carrier, Vietnam Airlines, signed a cooperation agreement for the 2026-2030 period.

Also at the conference, provincial leaders awarded investment approval decisions for eight large and diverse projects across various sectors as urban development, industry and energy, healthcare and education, and tourism and resorts.

These projects include: the Cam Lam New Urban Area Project and the Nha Trang City Mixed-Use Urban Area Project; the Hieu Thien Industrial Cluster Project and the Van Ninh 220kV Substation and Connecting Power Lines Project; the Nha Trang International General Hospital Project and the ILA Training Center Project; and the Vuon San Ho (Coral Garden) Resort Project and the Top Resort Ninh Thuan High-End Resort Complex Project.

The signing of these agreements and the approval of numerous large-scale projects serve as clear evidence of the provincial government's determination to achieve its strategic objectives. These goals include reaching double-digit GRDP growth by 2030 and turning Khanh Hoa province into a centrally-governed city.