The Khánh Hòa Provincial Economic Zone Management Board has approved plans to begin the investor selection process for two significant projects in Vân Phong. These projects encompass both an urban area and an industrial park, representing a combined investment of over 14 trillion Vietnamese đồng (approximately $600 million USD). The approval marks a key step towards attracting investment and driving development in the Vân Phong area. The board’s move signals a commitment to expanding economic opportunities in the province. Details regarding the auction timeline and project specifications will be released soon. These developments are expected to contribute significantly to Khánh Hòa’s infrastructure and economic growth. The projects aim to position Vân Phong as a premier destination for both residential and industrial activity.