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KHANH HOA ECONOMIC DEVELOPMENT IMPETUS OF SOUTHERN CENTRAL VIETNAM
POTENTIAL AND STRONG POINTS OF KHANH HOA
(1) Tourism
The first years of the 21st century witness a dynamic Khanh Hoa with its impressive breakthroughs and development resulting from strategies suitable to the trend of integration of the “smokeless industry”. The sector has been referred to as a “fairy awakened from her long sleep”.
As a naturally gifted land with nice landscapes and a mild climate, Khanh Hoa has all the conditions to develop tourism strongly and is defined by Vietnam National Administration of Tourism as one of the major tourist centers in the country. Seaisland tourism combined forest eco-tourism is a unique feature of the province’s tourism, attracting visitors to long-known destinations such as Van Phong, Dai Lanh, Doc Lech, Hon Tam, Tri Nguyen, Bai Tru, Hon Ba, Suoi Tien, ba ho, Duc My hot spring, Giang Bay waterfalls, ... Especially, Hon Mun Marine Reserve with diverse and abundant coral reefs and sea creatures is presently the fist and sole reserve of its kind in Vietnam. The province receives every year up to 670,000 arrivals, including 270,000 foreign guests, with an annual growth rate of 15%.
The Club of the Most Beautiful Bays of the World has acknowledged Nha Trang Bay as its 29th member. Nha Trang attracts visitors not only with its fine sand beaches and blue water, but also with poetic islands off shore, like those of Thailand’s PhuKhet, or Cannens in Eastern France. With all these favorable conditions forming into a diverse tourist complex, Khanh Hoa really lures tourists with its complex of eco-tourist sites, with holiday villages and resorts of national and international standards such as VinPearl Resort (5 stars); Sunrise (5 stars); Rusalka-Băi Tiên Resort, Lo river Resort, the eco-resort of Evason Hideaway at Ana … And more projects have been invested into the tourist area of Bai Dai-Cam Ranh and Van Phong Bay in Van Ninh.
Eco-tourism combined with entertainment, convalescence, and health recovery offers many new tourist forms, as one can find out at Tháp Bà Hot Spring Center. From the original and bath in hot inorganic mud unique in Vietnam, the Center now provides the visitors more interesting chance to discover health care effects from natural products combined with modern equipment and technology. Parasailing, jetskiing, water-skiing, kayaking, sailing, … are other fascinating sea activities, promoting the trademark of Nha Trang tourism to a higher position.
By late 2004, in the whole province there were 274 lodging units, with 6,231 guestrooms and 13,703 beds (111 hotels classified from 1 to 5 stars), providing work to more 4,637 people. Participating in the sector are 26 operating travel agencies and units (among which 7 are of international standards); 61 establishments trading in passenger transport with more than 150 vehicles and 100 boats and ships of many kinds; and 69 establishments providing entertainment and relaxation services (in which there are 20 sea-diving businesses).
With all its advantageous geographical and natural conditions and a strongly developing infrastructure, Nha Trang-Khanh Hoa is bound to become a city for regional and international tourism-fair-conference in a near future.
(2) Aquaproducts
With the passing current flowing from North to South Pacific, Khanh Hoa’ waters are a sea abounding in potential for aquatic exploitation and farming. The water surface of over 520 km of coastline, 135 km of island shore, 72 islands of various sizes, 1,658 km2 of flooded land surface, and more than 10,000 km2 of continental shelf, creates great grounds for the development of tropical aquatic economy – one of the spearhead resources of the province.
In the exploitation and protection of aquatic resources, there are presently 4,995 vessels with a total output of 127,260 HP, among which more than 200 vessels are of high output of the fishing fleet. Marine products with high reserves include mainly lobsters, shrimps, cuttlefish, mackerel, crab, sentinel crab, etc. Besides, some other aquatic products of high export value have also been cultured and developed, such as mother-of-pearl, algae, muss1el flesh, grouper, Babylon snail, Virudis mussels, sea cucumber, … The aquaculture area in the whole province is about 7,500 ha, yielding a total productivity of some 85,000 tons a year. Khanh Hoa has long been recognized as the province with the strongest aquaproduct processing industry nationwide. With the viewpoint of regarding aquaproduct exports as an economic lever and a virtual impetus, the provincial authorities have devised many righteous lines and policies to attract investments from every economic sector from inside and outside the country, and have brought about genuine development in both capability and technology, creating more jobs and increasing the export turnover. Presently, in the whole province, there are over 40 factories for processing export aquaproducts, in which there are 25 with a freezing output of 400 tons/day. Four of the factories have been granted export codes to sell their products into the EU and one factory has been granted the HACCP certificate. Many others have reached the domestic standards stipulated by the sector authorities and standards for exports into foreign countries. Another advantage is that Khanh Hoa has the available professional research institutions and staff (the Oceanography Institute, the University of Fisheries, …) who undertake the task of developing shrimp breeds. This is also the reason why the Ministry of Fisheries established the Center for Aquaproduct Research No. 3 in Nha Trang and is setting up a concentrated raising area to supply shrimp breeds to the other
localities in the whole country. With all the strong points, the aquaproduct sector has become a spearhead economy of Khanh Hoa Province, contributing to eradicating hunger and reducing poverty, bettering the living conditions of the coastal fishing population, and speeding up development in the orientation of industrialization and modernization.
(3) Ship-building & ship repairs – Seaports
At present, Khanh Hoa has 2 large-scale shipyards for building and repairing ships, located in Ninh Hoa and Nha Trang. Preparations for building another shipyard in Cam Ranh are being under way. In addition to these, many small-scale establishments building fishing ships can be found in many places in the province.
The largest of the yards, Hyundai-Vinashin, is able to build up to 80,000-tonnage new ships and repair up to 400,000-tonnage ships. The business can also undertake the making and reparations of large-scale oil rigs, produce steel for building ships, and manufacture ship machines and equipment.
Besides the existing seaports at Nha Trang, Ba Ng̣i, Hon Khoi and an area for transshipping oil, the provincial authorities have been looking at the great prospect of building a container transshipment port. The plan for an international container transshipment port at Ḥn Gốm peninsula – Van Phong Bay has been approved by Vietnam’s Prime Minister and the project has been calling for investment and mobilizing every resource. The container transshipment port is projected at a location closest to the international maritime route and safest for sheltering international vessels, with the widest entrance and exit, free from winds and deepest in Vietnam (15-20 m deep).
(4) Textile and garment industry
Khanh Hoa is presently having 10 companies operating in the textile and garment sector with a spinning output of 12,000 tons/year; a productivity of 10 million m of material/year; knitwear: 3,000 tons/year; over 30 tailoring chains with an output of 10 million items a year; zippers: 20 million m/year; … Despite the small scale of the sector, the provincial authorities are hoping to build the locality into a center of spinning-textile-garment of the whole Southern Central Vietnam.
(5) Other general sectors
Industrial products of the province presently include: cigarettes: 500 packets/year; beer: 50 million liters/year; handicrafts and artifacts for domestic consumption and export: USD 18 million/year; timber: 20,000 m3/year; planted forest: 20,000 ha; food: 200,000 tons/year; fruit (banana, coconut, mango, pineapple, dragon fruit, …): 60,000 tons/year.
* 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
