Nha Trang resort town to expand by 880 hectares by 2040

By Huong Dung
Wed, December 28, 2022 | 9:57 am GMT+7

Nha Trang in Khanh Hoa province will expand by 880 hectares by 2040 as local authorities aim to turn the town into an international and national marine tourism hub.

Under a proposal for the provincial People's Committee recently sent to the Ministry of Construction for appraisal, Dien An, Dien Toan and Suoi Hiep communes and Dien Khanh township in Dien Khanh district will be merged with the main town.

The expansion area is nearly 1.8 times larger than the size of the well-known Vietnam-Singapore Industrial Park I (VSIP I), developed by Sembcorp and Becamex in Binh Duong province.

A view of Nha Trang - a famous tourist destination in the south-central province of Khanh Hoa. Photo courtesy of Vietnam News Agency.

A view of Nha Trang - a famous tourist destination in the south-central province of Khanh Hoa. Photo courtesy of Vietnam News Agency.

Nha Trang currently has an area of more than 26,600 hectares, including 19 wards and eight communes, with more than 330,000 people. After the mergers in 2040, its area will surpass 27,500 hectares with a population of 780,000, including about 570,000 permanent residents.

According to its master plan, Nha Trang will become a national and international marine tourism town and an administrative-political, economic, cultural, scientific and technical hub for Khanh Hoa. It is also expected to become an economic, scientific-technical, educational and healthcare center for the south-central coastal and Central Highlands regions.

Regarding its development strategy, Nha Trang will focus on environmental protection and climate change adaptation, conservation and promotion of natural heritage values, and smart city development, with tourism as the main economic sector.

Khanh Hoa is at the center of the south-central coastal region which is strategically important for national socio-economic development.

With special mechanisms approved for the province by the National Assembly in June and scheduled to take effect for five years starting August 1, Khanh Hoa expects to become a promising destination for both local and foreign businesses.

The mechanisms, to be implemented on a pilot basis, aim to attract only mega projects.

The beach town of Nha Trang will continue to be a nuclear urban area for provincial development and play a critical connecting role for the development of many projects in other localities like Dien Khanh district, Van Phong, the northern Cam Ranh peninsular, and Cam Lam.

Under a Politburo resolution dated January 28, 2022 on developing Khanh Hoa province by 2030 with a vision to 2045, the province will strive to become a centrally-managed city by 2030, joining Hanoi, Hai Phong, Ho Chi Minh City, Can Tho, and Danang.

Comments (0)
  • Read More
Thailand tightens e-commerce rules

Thailand tightens e-commerce rules

Thailand is preparing to increase oversight of digital marketplaces, adding rules for certain types of platforms to strengthen consumer protection and ensure responsible e-commerce, Bangkok Post quoted the Electronic Transactions Development Agency (ETDA) as saying.

Southeast Asia - Thu, June 12, 2025 | 10:56 pm GMT+7

Malaysia attracts nearly $21 bln investment in Q1

Malaysia attracts nearly $21 bln investment in Q1

Malaysia has secured MYR89.8 billion (nearly $21 billion) in approved investments for Q1, a 3.7% year-on-year increase amid a challenging global economic backdrop, according to the Malaysian Investment Development Authority (MIDA).

Southeast Asia - Thu, June 12, 2025 | 10:53 pm GMT+7

Thailand targets faster EV growth

Thailand targets faster EV growth

Thailand’s Board of Investment (BoI) is stepping up efforts to promote the electric vehicle (EV) industry by offering more investment incentive packages aimed at supporting the emerging sector and creating additional EV-related jobs.

Southeast Asia - Thu, June 12, 2025 | 10:46 pm GMT+7

Malaysia to hold second round of trade talks with US

Malaysia to hold second round of trade talks with US

Malaysia’s Ministry of Investment, Trade and Industry (MITI) said Minister Tengku Zafrul Aziz is scheduled to travel to Washington D.C. on June 18 for a new round of discussions focused on tariffs.

Southeast Asia - Thu, June 12, 2025 | 10:40 pm GMT+7

Vietnamese banks' bond issuance sees three-fold rise in first 5 months

Vietnamese banks' bond issuance sees three-fold rise in first 5 months

Vietnamese banks have significantly increased their bond issuance in 2025, with a reported total issuance of VND81 trillion ($3.1 billion) in the first five months of the year.

Finance - Thu, June 12, 2025 | 10:17 pm GMT+7

PVFCCo - Phu My, PVOIL sign strategic cooperation agreement in services, trade, and chemicals

PVFCCo - Phu My, PVOIL sign strategic cooperation agreement in services, trade, and chemicals

Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo - Phu My) and Petrovietnam Oil Corporation (PVOIL) on Wednesday signed a strategic cooperation agreement, marking the beginning of a comprehensive, multi-sector collaboration between the two members of state-owned Petrovietnam.

Companies - Thu, June 12, 2025 | 7:56 pm GMT+7

Vietnam's Minister of Trade suggests Walmart build 'strategic purchasing center'

Vietnam's Minister of Trade suggests Walmart build 'strategic purchasing center'

Vietnam's Minister of Industry and Trade Nguyen Hong Dien has suggested the world's biggest retailer Walmart "research and build a strategic purchasing center" in the Southeast Asian country.

Economy - Thu, June 12, 2025 | 5:48 pm GMT+7

French giants seek to join nuclear power, high-speed rail projects in Vietnam

French giants seek to join nuclear power, high-speed rail projects in Vietnam

Major French corporations on Wednesday proposed engaging in nuclear power and high-speed rail projects in Vietnam, as well as cooperating in aerospace development while meeting with Prime Minister Pham Minh Chinh in Paris.

Economy - Thu, June 12, 2025 | 3:55 pm GMT+7

Three outlets of C.P. Vietnam fined for food safety violations

Three outlets of C.P. Vietnam fined for food safety violations

Three CP Fresh Shop outlets operated by Thailand-invested C.P. Vietnam in the southern province of Soc Trang have been fined a total of VND105 million ($4,100) for food safety violations.

Companies - Thu, June 12, 2025 | 3:19 pm GMT+7

Vietnam's parliament okays cutting number of provinces and cities from 63 to 34

Vietnam's parliament okays cutting number of provinces and cities from 63 to 34

The National Assembly, Vietnam's legislature, on Thursday passed a resolution that will reduce the country's number of provinces and cities from 63 to 34, effective immediately.

Economy - Thu, June 12, 2025 | 11:49 am GMT+7

Two French aerospace giants aim to expand presence in Vietnam

Two French aerospace giants aim to expand presence in Vietnam

France’s Aerospace groups Airbus and Safran on Wednesday expressed their wish to expand operations in Vietnam and proposed collaboration initiatives with the Vietnamese Government and businesses.

Economy - Thu, June 12, 2025 | 10:27 am GMT+7

What’s driving ambitious business plan of Vietnam's major developer Phat Dat?

What’s driving ambitious business plan of Vietnam's major developer Phat Dat?

Phat Dat Real Estate Development Corp (HoSE: PDR), a major developer in Ho Chi Minh City, aims for revenue of up to VND3.3 trillion ($126.8 million) this year, four times higher than in 2024.

Real Estate - Thu, June 12, 2025 | 8:49 am GMT+7

Vietnamese tech giant FPT secures global strategic partnership with Airbus

Vietnamese tech giant FPT secures global strategic partnership with Airbus

Vietnam’s FPT Corporation has become a global strategic partner of Airbus, the world’s leading aerospace manufacturer under a Master Service Agreement (MAS) signed within the framework of the Vietnam-France Business Forum in Paris on Wednesday.

Companies - Wed, June 11, 2025 | 10:24 pm GMT+7

Vietnam to invest $2.6 bln in Hai Phong city port system by 2030

Vietnam to invest $2.6 bln in Hai Phong city port system by 2030

The Ministry of Construction has approved a detailed development plan for the port system in the northern port city of Hai Phong to 2030, which earmarks more than VND66 trillion ($2.6 billion) to improve the capacity of the largest northern port hub.

Companies - Wed, June 11, 2025 | 10:23 pm GMT+7

Indonesia partners with Japan’s SMBC to boost exports

Indonesia partners with Japan’s SMBC to boost exports

Indonesia’s Ministry of Trade has partnered with Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to expand exports, particularly in high-quality and sustainable products.

Southeast Asia - Wed, June 11, 2025 | 9:39 pm GMT+7

Netherlands to invest $300 mln in Indonesia

Netherlands to invest $300 mln in Indonesia

The Netherlands has prepared an investment of IDR 4.89 trillion ($300 million) to support various programs currently being implemented in Indonesia, according to the Indonesian Chamber of Commerce and Industry (Kadin).

Southeast Asia - Wed, June 11, 2025 | 9:36 pm GMT+7