14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Khanh Hoa to celebrate National Day by breaking ground on four projects worth $800 million

Khanh Van

Jul 18, 2025 / 04:39 PM

Khanh Hoa’s local authorities are working with investors to finalize procedures and ensure that the projects break ground as scheduled.

THE HANOI TIMES — The southern province of Khanh Hoa will launch four major projects, valued at nearly $800 million, to celebrate Vietnam’s National Day on September 2.

One of these projects is the 227-hectare Nha Trang mixed-use urban area in Nam (South) Nha Trang Ward, with a total investment of VND17 trillion (US$667 million).

Hình ảnh 1 — The site of the Nha Trang mixed-use urban area project. Photo: Khanh Hoa Online Newspaper

The other project is the Doc Da Trang Industrial Park, which covers over 287 hectares and is funded with around VND1.8 trillion (US$71 million). The zoning plan for this site has been approved.

Meanwhile, the Thanh Hai Resettlement Area will cost over VND1.1 trillion (US$43 million) to provide 1,352 apartments to house approximately 5,400 people.

A VND294 billion (US$12 million) training and research facility planned by the University of Economics Ho Chi Minh City in Nam Nha Trang is scheduled to break ground on this occasion.

The two-hectare site will accommodate up to 2,000 students and feature classrooms, dormitories, and administrative buildings. This is the only project fully cleared to break ground.

The remaining three are completing final procedures to ensure timely construction.

These projects demonstrate Khanh Hoa's continued appeal as a dynamic destination for tourism and real estate investment.

In 2024, the province attracted 25 non-budget investment projects worth nearly VND51 trillion (US$2 billion) and recorded 27,200 property transactions worth VND46.7 trillion (US$1.8 billion), up 36% from 2023.

Transformation in Hanoi’s Red River neighborhoods expected under two-tier administration

15 Jul, 17:30

The establishment of a new ward under Hanoi's updated governance model will accelerate the modernization of both banks of the Red River and help redefine the capital's urban identity.

Vietnam rolls out land management guidebook for two-tier administrative system

14 Jul, 16:23

In addition to outlining the roles and responsibilities of local authorities, the handbook provides citizens with step-by-step guidance on completing land-related procedures under the new system.

Hanoi real estate sector contributes $3.3 billion to state budget in H1

13 Jul, 22:27

Large-cap Hanoi real estate developers such as Vingroup and Nam Thang Long Urban Area Development paid the most fees and taxes to the state budget between January and June.

Hanoi’s Party chief outlines agenda at voter meeting

The candidates pledge institutional reform, infrastructure upgrades and a stronger focus on science, technology and public services as the capital prepares for the 16th National Assembly term.

28 Feb, 06:00 PM

Young generation steps up to power climate action

As climate risks intensify across Southeast Asia, young people are being called upon to move from awareness to action, harnessing technology, creativity and policy engagement to accelerate environmental solutions.

26 Feb, 06:32 PM

Hanoi positions itself at forefront of implementing key Party resolutions

The three resolutions on education, healthcare reform and cultural development are closely interconnected and mutually reinforcing, all directed toward building a capital that is cultured, civilized, modern and happy.

25 Feb, 03:48 PM

Party Chief urges stronger state economy and cultural drive

Developing the state economy and Vietnamese culture forms the twin pillars of a unified development strategy, one strengthening material capacity, the other reinforcing cultural and social resilience.

25 Feb, 03:19 PM

Putting people first: Making happiness Hanoi’s measure of success

A central message of the 14th National Party Congress and the 18th Congress of the Hanoi Party Organization (2025-2030) is that people’s happiness must be at the core of development. All policies be grounded in citizens’ legitimate rights and interests, with public satisfaction serving as the ultimate measure of success.

24 Feb, 11:34 AM