Focus on industrial growth

To ensure double-digit economic growth in Khanh Hoa province, the industrial sector is identified as playing a key role. Therefore, the Provincial People's Committee has proposed many solutions to help industry develop strongly in the last months of the year.

Many prospects

The province's industrial production in the first 6 months of the year did not grow as expected due to the instability of the world situation, the impact of US tariffs and the domestic market. Industry in the northern region of the province is estimated to increase by 1.7% over the same period last year, of which the processing and manufacturing industry increased by 6.7%; water supply and waste and wastewater treatment increased by 2.5%; mining industry increased by 26.8%. However, electricity production decreased sharply, about 6.3% over the same period last year, due to power plants in the province cutting power capacity; bird's nest water is estimated to decrease by 5% due to slow consumption, leading to a low increase in the industrial production index in the first 6 months of 2025.

A corner of Cam Ranh Bay.

In the south of the province, industry grew at a higher rate of 12.43% (the plan increased from 18 to 19%). In the first 6 months of the year, the province focused on directing support to remove difficulties for production and processing establishments; some processed and manufactured products grew quite well; increased investment attraction and accelerated the implementation of projects in industrial parks (IPs) and industrial clusters (ICs), contributing to creating new capacity for the processing industry to promote industrial growth. Along with that, the province also directed the review and recommendations to remove difficulties and obstacles for energy and renewable energy projects and directed the implementation of the adjusted power plan VIII, approving the investment policy of the Ca Na LNG Power Project. The tasks of establishing the Project to establish an inter-regional renewable energy industry and service center, transmission infrastructure project and industrial parks: Phuoc Tien, Hieu Thien, Phuoc Minh 1, Phuoc Minh 2 are being accelerated.

In the first 6 months of the year, the industry in the south and north of the province had uneven growth rates. However, the merger of Ninh Thuan and Khanh Hoa provinces has opened up great prospects for the province's industry to develop. The necessary complementarity will create a multi-industry industrial ecosystem. In which, the energy sector will become the spearhead, determining the overall growth of industry. Mr. Ho Xuan Ninh - Director of the Department of Industry and Trade said: The merger is a turning point in creating a strategic energy center of Vietnam. The southern Khanh Hoa area has abundant potential for sunshine and wind, with projects from large enterprises such as Trung Nam Group, T&T, Ha Do, BIM and EDP. The northern Khanh Hoa area has added a modern infrastructure system, seaports, power grids, and completed airports, creating a "golden land" for energy development. With the right vision, favorable policy mechanisms and cooperation between the government and businesses, Khanh Hoa can become the country's renewable energy center in the next few years.

Find solutions for rapid growth

To ensure growth in 2025, the provincial leaders are identifying industry as the most feasible solution, creating leverage for economic development. From now until the end of the year, the province will focus on assessing the situation, reviewing the province's growth drivers to adjust the economic growth target and scenarios for 2025 to suit the actual situation, while ensuring higher than the national average growth, in order to create momentum to enter the 2026 - 2030 period with the target of double-digit growth.

Wind turbine of Trung Nam Wind Power Plant.

In the northern part of the province, the development of processing and manufacturing industries will be promoted; focusing on promoting the growth of key industries of the province such as: bird's nest, seafood, shipbuilding, electricity production, sugar, garment, etc.; increase the occupancy rate of existing industrial parks and industrial clusters; basically completing the clearance of clean land for investors to implement industrial park projects; approving the policy on methods of supplementing land use area to expand the HD Hyundai Vietnam Shipyard Phase 2. At the same time, explaining to the Prime Minister to approve the addition of the Van Phong 2 LNG Power Plant Project to the adjusted power plan VIII.

In the southern region of the province, we will focus on accelerating the progress of key projects and the southern key economic zone; Slowly the progress of the Bac Ai Pumped Storage Hydropower Project, Ca Na Industrial Park, Ca Na General Seaport... Along with that, we will strengthen the work of inspection, post-inspection, resolutely handle projects that are behind schedule and prolonged; mobilize the entire political system to accelerate the progress of the compensation, site clearance, resettlement and resettlement projects of the Ninh Thuan Nuclear Power Plant Project...

Mr. TRAN QUOC NAM - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, Head of the Provincial National Assembly Delegation, Secretary of the Provincial People's Committee Party Committee: In order to ensure the goal of maintaining a growth rate of 2 digits or more in 2025, the Provincial People's Committee has set out a number of key tasks such as: Promoting production and business, focusing on key industries; speeding up the progress of major projects such as infrastructure; promoting exports, promoting trade, developing tourism. In particular, the industrial sector is identified as a growth driver, helping the provincial economy to grow rapidly in the short term such as the energy industry. Along with that, the Provincial People's Committee focuses on site clearance, ensuring the progress of key national projects, especially the 2 Ninh Thuan Nuclear Power Plants; Strengthen investment promotion, speed up the completion of procedures to start key projects such as: Ninh Diem Industrial Park, Ninh Diem 1, Ninh Xuan and Phuoc Tien, Hieu Thien, Cam Thinh Dong Industrial Parks... In addition, the province quickly completed and submitted to the Central Government for approval projects on industrial centers, inter-regional renewable energy services; special mechanisms and policies for the development of Van Phong Economic Zone; establishment of Khanh Hoa free trade zone.

DINH LAM

Source: https://baokhanhhoa.vn/lanh-te/202507/tap-trung-tang-truong-cong-nghiep-98438da/