Khanh Hoa Province Accelerates Economic Development Towards Double-Digit Growth

Khanh Hoa Province, located on Vietnam's central coast, is focusing on improving new growth mechanisms and resource development to vigorously promote socio-economic development. The 8th Provincial People's Council of Khanh Hoa, serving the 2026-2031 term, held its 3rd specialized session in Nha Trang city on August 7 to review and decide on these important matters. The province aims to achieve double-digit growth by stabilizing its organizational structure early. This reflects the prioritization of economic growth by local governments under Vietnam's one-party system. In particular, strengthening investment attraction is seen as a crucial "launchpad" for economic development, expected to be a catalyst for elevating the province's overall development level. Khanh Hoa Province aims to become a strong growth pole in the country. This aligns with the Vietnamese government's policy of encouraging distinctive local development while promoting national economic growth. The province plans to implement measures to foster new growth drivers in the new era and achieve sustainable development.