 An aerial view of the Van Phong Economic Zone in Khanh Hoa province (Photo: Nguyen Thanh/VNA) |
The Van Phong EZ spans 150,000 hectares and is divided into 19 subzones. It has so far attracted 155 investment projects, with total registered capital of around 5.4 billion USD.
Khanh Hoa’s socio-economic development strategy aims to make Van Phong one of Vietnam’s top 3 economic zones. In addition to tax and land lease incentives, the province has deployed special task forces to provide support for investors.
It is also developing criteria to select capable investors, with priority given to international corporations and strategic investors with experience in seaport, logistics, industry, manufacturing, and tourism projects.