ORIENTATION OF SOCIO-ECONOMIC DEVELOPMENT
General scope
The first 10 years of the 21st century are a period of extreme significance of
Vietnam along its way to industrialization and modernization. with its own role
in the national economy, Khanh Hoa has shifted its economic structure in the
orientation of
industry, tourist services, and agriculture. Khanh Hoa’s task is to build
Nha Trang into a tourist and convalescence center, a center of education and
training, and a cultural and scientific center, not only of the province but of
the Southern Central Vietnam and the Western Highlands as well.
Khanh Hoa’s socio-economic development is closely connected with other
localities in the vicinity, the major cities in Southern Vietnam, and major
industrial zones so as to attract external investment capital together with new
technology to support the economic structure shift. In the cooperation for
development, it is positive to speed up the establishment of Vn Phong and Cam
Ranh economic areas and exploit effectively these two economic hubs to attract
investment for socio-economic development.
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