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KHANH HOA ECONOMIC DEVELOPMENT IMPETUS OF SOUTHERN CENTRAL VIETNAM
OVERVIEW OF KHANH HOA
Khanh Hoa is a coastal province in southern Central Vietnam to the easternmost protruding part of the country, adjoining Phu Yen province to the north, Ninh Thuan province to the south, Dak Lak and Lam Dong provinces to the west, and the East Sea to the east.
Khanh Hoa is 1,280km from Ha Noi in the north, 448km from Ho Chi Minh City in the south and 510km from Da Nang City in the north. and has Nha Trang City as its economic, political, and cultural center. Khanh Hoa has a natural area of 5,197 km2 and a population of 1.1 million. Despite the modest area and population, the province is specially favored by nature: an annual average temperature of 270C; an annual average rainfall of 1,737mm; beautiful landscapes with a coastline of more than 385 km, of which nearly 100 km are white sand beaches, with many large peninsulas and bays, among which Nha Trang Bay is acknowleged as the 29th member of the Club of the Most Beautiful Bays of the World; Cam Ranh Bay with its world-famous strategic position; Van Phong Bay with great potential in
developing future tourism… The province’s territorial waters include a whole system of islands, especially Truong Sa island district with great significance in terms of the economy and defense of the whole country.
Besides, Khanh Hoa gathers all the geographical features: a lot of inshore islands, highlands, midlands, plains and rivers. Khanh Hoa can be seen as a miniature of Vietnam.
Khanh Hoa has a fairly developed infrastructure, located on the North-South national communication axis with National Highway No. 1A and the trans-Viet railway linking the province with all provinces in the North and the South, National highway No. 26 leading to Dak Lak and other Western Highlands provinces. Khanh
Hoa has 6 seaports, in which 3 can shelter l0,000- 30,000 tonnage vessels, a major railway station, 2 airports, especially Cam Ranh airport which can be upgraded into an international airport, easing domestic and international exchange. The province’s power line benefits from the national grid, meeting any and every demand in electricity in investment. Communications facilities of the province have reached high technological levels. Dam Mon peninsula is the easternmost location of Vietnam with Van Phong, a wind-free and readily accessible bay, providing the best shelter for vessels during
storms. The location is closest to the international maritime routes, equidistant from such other transshipment ports in the regions as Singapore, Manila, and Hong Kong. In the future, the site will become an international container transshipment port with all the supportive sectors in service and tourism. 42% of Khanh Hoa’s population constitutes the main working age group, with 2.1% who are graduates from higher education institutions. The province is home to 3 universities and colleges, 4 vocational schools, 3 national research institutes and a developed system of job-training units of all kinds. The general educational background and all these institutions shall be the source of main human resources in the future development of the province.
With all its favorable natural conditions, an abundant workforce, and available material bases, Khanh Hoa has been creating new opportunities and working out new, open and active policies for domestic and foreign investors to enter joint cooperation for the best development.
* OVERVIEW OF KHANH HOA
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2. KHANH HOA ECONOMIC DEVELOPMENT IMPETUS OF SOUTHERN CENTRAL VIETNAM
3. ORIENTATION OF SOCIO-ECONOMIC DEVELOPMENT
4. INDUSTRIAL ZONES IN KHANH HOA
5. PRIORITY POLICIES FOR INVESTMENT IN KHANH HOA
