Khanh Hoa province development and investment initiatives

Khanh Hoa province has introduced several strategic initiatives focused on high-tech growth and socio-economic development. Under Resolution No. 29/2026/NQ-HĐND, the province is transitioning to a competency-based recruitment model to attract specialists in fields such as semiconductors, artificial intelligence, and marine technology. Financial incentives for these experts include one-time payments up to 1.5 billion VND for professors and monthly income supplements for five years. This effort coincides with the registration of the Hememics Vietnam high-tech manufacturing plant, a joint venture between US-based Hememics Biotechnologies and Viet Khanh-Khanh Hoa Joint Stock Company, which will produce graphene and biochips.

Additionally, the province has outlined a development plan for 2026–2030. This plan allocates over 4,545 billion VND toward rural development, poverty reduction, and supporting ethnic minority regions. The province aims for all communes to meet new rural standards by 2030. Digital transformation is also a priority, with goals to establish a secure digital data platform and ensure that 100% of state agencies manage data according to the provincial governance framework.