Khanh Hoa draws Korean investors to green, sustainable industries
The event, co-organised by the Khanh Hoa People's Committee, the Vietnamese Embassy in the RoK, the Korea Federation of Small and Medium Enterprises (FOMEK), and the Korea Trade-Investment Promotion Agency (KOTRA), showcased Khanh Hoa's potential and strength.
Van Phong economic zone in Khanh Hoa (Photo: VNA) |
Leading the provincial delegation, Chairman of the Khanh Hoa People's Committee Nguyen Tan Tuan presented Khanh Hoa's compelling investment landscape, saying that the province boasts favourable natural conditions, including its expansive coastline and three major bays - Van Phong, Nha Trang, and Cam Ranh - which offer ample space for development.
With a well-developed transportation infrastructure encompassing road, sea, and air networks, Khanh Hoa has become one of the most dynamic economic hubs in Vietnam's south central coast region, renowned for the tourist city of Nha Trang.
In recent years, Khanh Hoa has proactively shifted its economic model, focusing on sustainable tourism and green industry, Tuan said. "Our goal is to become a leading marine economic hub and a top smart urban area in Asia."
Hailing the RoK as one of the most important economic partners, particularly in investment and tourism, Tuan said with a total direct investment of 359.97 million USD, accounting for 9.18% of the province's total foreign investment, Korean firms have made substantial contributions to Khanh Hoa's socio-economic growth.
According to him, Khanh Hoa is developing key industries that align with strengths of Korean enterprises, including information technology, software production, artificial intelligence, and semiconductor.
In the food processing industry, Khanh Hoa holds great potential thanks to its abundant and quality raw materials. It is also calling for investments in maritime, logistics and renewable energy.
Notably, the high-tech manufacturing and supporting industries for shipbuilding have been identified as key sectors crucial to local economic development strategy. The province plans to work closely with universities and colleges to train a skilled workforce that meets market demand.
Participants discussed investment incentives focusing on industrial parks and clusters in the province./
See also
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion
16:16 | 04/11/2024 Investment
Da Nang to invest additional 16 million USD into software park
17:19 | 03/11/2024 Investment
PM receives heads of leading investment firm, authority of Qatar
09:07 | 01/11/2024 Investment
Forum suggests suitable orientations for green development strategy in Lam Dong
15:44 | 31/10/2024 Investment
Hung Yen promotes trade, investment in Germany for first time
09:17 | 30/10/2024 Investment
Dong Nai Province attracts green investment projects
16:42 | 28/10/2024 Investment
See more news
Long An Province working hard to improve investment environment
18:43 | 27/10/2024 Investment
Accelerating the disbursement of public investment capital
11:10 | 27/10/2024 Investment
Investors upbeat about Vietnam’s industrial property market
10:31 | 27/10/2024 Investment
Real estate segments benefit from surging FDI inflow in production
13:31 | 26/10/2024 Investment
Dong Nai rolls out red carpet for investment in "100-year development strategy"
16:40 | 24/10/2024 Investment
Binh Duong needs 300 million USD to upgrade urban infrastructure
09:15 | 22/10/2024 Investment
Vinh Phuc Province, destination for global corporations
11:05 | 21/10/2024 Investment
Hưng Yên creates open environment to attract investment
18:13 | 20/10/2024 FDI
Vietnam has great potential to attract FDI in medical sector
14:34 | 19/10/2024 Investment
Ben Tre calls on investors to coastal areas
17:27 | 18/10/2024 Investment
PM’s working trip to China carries important significance: Ambassador
16:55 | 04/11/2024 Cooperation
Vietnam, Japan step up defence friendship, cooperation
16:45 | 04/11/2024 Cooperation
Numerous US businesses set to arrive in HCM City to implement signed agreements
16:21 | 04/11/2024 Economy
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion
16:16 | 04/11/2024 Investment
Efforts to bring electricity to remote villages of Ha Giang Province
15:15 | 04/11/2024 Energy
Multimedia
Delicacy of Hà Nội’s autumn
11:29 | 04/11/2024 Lifestyle
Vietnam-Cuba traditional solidarity, special friendship
10:12 | 02/11/2024 Infographic
Vietnam expands FTA network
09:15 | 01/11/2024 Infographic
Vietnam – Qatar friendship and multifaceted cooperation
09:06 | 31/10/2024 Infographic
Enhancing Vietnam - Saudi Arabia cooperative ties
09:18 | 29/10/2024 Infographic
NA deputies call for solutions to ensure the feasibility of drug prevention and control programme
17:33 | 03/11/2024 Policy
15th NA’s 8th session to further discuss legislative, inspection work next week
16:58 | 03/11/2024 Policy
Developing education, training to serve new era of nation: PM
09:57 | 03/11/2024 Policy
Party chief clarifies major issues on new era of nation
16:06 | 01/11/2024 Policy
Efforts to bring electricity to remote villages of Ha Giang Province
15:15 | 04/11/2024 Energy
Vietnamese F&B industry works to catch up with green consumption trend
17:38 | 03/11/2024 Industry
PM calls for Qatar's support for energy development in Việt Nam
08:56 | 01/11/2024 Energy
Efforts made to create breakthrough in Vietnam's automobile industry
09:28 | 31/10/2024 Industry
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion
16:16 | 04/11/2024 Investment
Da Nang to invest additional 16 million USD into software park
17:19 | 03/11/2024 Investment
PM receives heads of leading investment firm, authority of Qatar
09:07 | 01/11/2024 Investment
Forum suggests suitable orientations for green development strategy in Lam Dong
15:44 | 31/10/2024 Investment
Finance ministry proposes two price management scenarios for year-end
10:11 | 04/11/2024 Finance-Banking
Banking sector prioritises support for import-export firms
16:35 | 02/11/2024 Finance-Banking
Smart Banking 2024 workshop and exhibition held
15:32 | 31/10/2024 Finance-Banking
Interest rates expected to decrease by 0.7 percentage points next year
09:14 | 29/10/2024 Finance-Banking
More accurate forecasts at all levels needed to reduce coastal disaster risk
15:07 | 04/11/2024 Environment
Nearly-98-million-USD environment project inaugurated in Ninh Thuan
10:13 | 03/11/2024 Environment
Northern region to experience first cold weather of this winter
14:30 | 31/10/2024 Environment
Central Việt Nam prepares for intense rainfall and strong winds
09:33 | 29/10/2024 Environment
HCM City partners with Google for Education in digital transformation
14:47 | 04/11/2024 Science - Technology
Việt Nam develops 'purely Vietnamese' generative AI
09:45 | 01/11/2024 Science - Technology
Vietnam’s first semiconductor expo underway in HCM City
09:36 | 01/11/2024 Science - Technology
Vietnam fortifies technical cooperation with UAE, Saudi Arabia
09:17 | 31/10/2024 Science - Technology
Eastern section of $1.23b southern expressway will soon be opened for use
15:03 | 04/11/2024 Society
Vietnam aims to produce innovative medicines
14:53 | 04/11/2024 Society
Railway project connecting Quang Ninh (Vietnam) to China in the pipeline
17:53 | 03/11/2024 Society
Embracing the Transit-Oriented Development model for sustainable urban development
10:34 | 03/11/2024 Society
Vietnamese AI firms have many chances of development
14:51 | 04/11/2024 Vietnamese Brands
Cooperatives play significant role in OCOP product development
14:45 | 04/11/2024 Vietnamese Brands
Cơ Tu ethnic’s farm produce debuts in supermarket system
09:08 | 31/10/2024 Vietnamese Brands
Vietnam's pavilion opens at High Point Market in US
09:26 | 29/10/2024 Vietnamese Brands
VN int’l fashion week Fall/Winter 2024 prepares to open
11:38 | 04/11/2024 Culture
Delicacy of Hà Nội’s autumn
11:29 | 04/11/2024 Lifestyle
$10-billion national target programme on cultural development officially proposed to parliament
18:02 | 02/11/2024 Culture
Spotlight on Vietnam: Can the silver screen boost tourism?
09:41 | 01/11/2024 Culture
Foreign travellers' interest in northern regions still strong after typhoon
14:15 | 04/11/2024 Tourism
Ninh Bình Festival to boost historical heritages of VN’s former capitals
14:10 | 04/11/2024 Tourism
Halal tourism: tackling religious and cultural differences
17:57 | 02/11/2024 Tourism
Việt Nam becomes Australia’s fastest-growing inbound market
09:52 | 01/11/2024 Tourism