VOV.VN - US energy giant ExxonMobil has expressed interest in investing about US$10 billion to build a modern, low-emission oil refinery in the Van Phong Economic Zone of Khanh Hoa province, central Vietnam.

VOV.VN - Deputy Prime Minister Le Van Thanh has approved a master plan to develop the Van Phong economic zone in the southcentral province of Khanh Hoa into a dynamic economic hub moving forward to 2040, with a vision towards 2050.

Prime Minister Pham Minh Chinh on March 12 demanded favourable mechanisms be issued to facilitate public - private partnership (PPP) in infrastructure building, so as to boost the development of the Van Phong Economic Zone (EZ).

Authorities of the south central coastal province of Khanh Hoa have sought the Prime Minister’s backing of two major projects with total investment of more than US$27 billion proposed by the Millennium Energy Corp of the US at the Van Phong Economic Zone (EZ).

Given its huge development potential, Khanh Hoa should focus on the sea-based economy, a senior Party official said on May 11.

The central coastal province of Khanh Hoa will develop the Van Phong Economic Zone (EZ) into a coastal one that focuses on multi-sector development, turning it into an economic driving force of the province and the south central region.

The People’s Committee of central Khanh Hoa province held an investment promotion conference on October 23 with a delegation of 16 enterprises from the Republic of Korea (RoK), led by Ahn Seong-ho, Trade Counsellor at the RoK Consulate General in HCM City.