(VOVWORLD) - The Management Board of Van Phong Economic Zone in Khanh Hoa province has established a specialized working group to help investors remove obstacles.
 Du Long Industrial Park in the southern part of Khanh Hoa province. (Photo: VOV) |
Covering 150,000 hectares, Van Phong is the largest among Vietnam’s 18 coastal economic zones. After merging with Ninh Thuan province, Khanh Hoa now has several industrial parks, including Suoi Dau and Thanh Hai, which have reached full occupancy; others such as Ninh Thuy, Du Long, and Phuoc Nam have a current occupancy rate of under 60%.
The province plans 12 additional industrial parks to expand development space and prepare for strategic capital inflows.
“To attract investors to industrial parks in the Van Phong Economic Zone, securing cleared land and completing site clearance are key,” Tran Minh Chien, Head of the Van Phong Economic Zone Management Board, said. “This remains the most challenging step, requiring close coordination among provincial departments and local authorities. Without effective land clearance, large-scale projects will be difficult to implement, potentially hindering the region’s socio-economic development,”