Vietnam approves 7 projects worth $211mn for Van Phong EZ

The provincial administration on Friday granted investment policy approvals and registration certificates for the projects during the province’s 2026 Investment Promotion Conference.

The new projects will focus on shipbuilding, supporting industries, industrial park infrastructure, seaports, logistics, and textile dyeing.

Tran Minh Chien, head of the Khanh Hoa Economic Zone and Industrial Parks Authority, said the projects would expand production capacity while accelerating the development of industrial infrastructure, logistics services, and port facilities within the Van Phong Economic Zone.

Chien said the authority pledged to continue streamlining administrative procedures, improving the one-stop service mechanism, and coordinating with relevant agencies to resolve difficulties faced by businesses.

The province is prioritizing high-tech, green industry, logistics, seaports, energy, and other high value-added sectors.

Tran Hoa Nam, vice-chairman of the provincial administration, affirmed that the province will improve technical and social infrastructure, accelerate digital transformation, and enhance services for enterprises.

He also promised stronger support for investors throughout project implementation.

In the first half of 2026, Khanh Hoa attracted nine new projects into industrial zones, including two foreign-invested projects from South Korea. Total registered and adjusted capital reached about VND8.779 billion ($333 million), up 20 percent year on year.

As of June this year, the Van Phong Economic Zone, including Ninh Thuy Industrial Park, had attracted 162 projects with total registered capital exceeding VND211.409 trillion ($8 billion), of which 116 are operational.

Industrial zones outside Van Phong had drawn 116 secondary projects worth about VND17.061 trillion ($648 million), with 82 already in operation.