On the afternoon of February 2017, Mr. Le Duc Vinh - Deputy Secretary of Party Committee, Chairman of Khanh Hoa provincial People’s Committee had a meeting with the delegation of Russian Federation participating in APEC 2017 at Nha Trang lead by the Ambassador Valery E.Sorokin – Russia’s APEC Senior officials.
Mr. Le Duc Vinh - Deputy Secretary of Party Committee, Chairman of Khanh Hoa provincial People’s Committee (on the right) at the meeting with Ambassador Valery E.Sorokin (Russia).
At the meeting, Mr. Le Duc Vinh introduced the overview of socio - economic situation, potentials and strengths of the province. At the same time, he expressed his wish, through this meeting, the relationship between the local of the Russian Federation with Khanh Hoa province is growing, especially in the fields of tourism, shipbuilding, industrial auxiliary shipbuilding, petrochemicals, agriculture, and fish - seafood processing...
Speaking at the meeting, Ambassador Valery E.Sorokin expressed his pleasure at the warm reception of Khanh Hoa province. He said, at present, the cooperation between localities of Russia with Khanh Hoa province is still not commensurate with the potential of the two sides. So, through this visit, he will present information on the economic potential of Khanh Hoa province to the ministries concerned departments as the Ministry of Foreign Affairs, the Ministry of Industry and Trade to boost investment activities of both sides...
Reportedly, at present, Khanh Hoa Province is implementing to promote cooperation with 4 Russian locals: Saint – Petersburg city, Primorye province, Khabarovsk region, Altai province. There are 4 investment projects of Russian in the province: The project of establishment of Pegas Misr Viet Nam Travel Co., Ltd, Cam Ranh resort, Silent days resort, Hon Ngang - Bai Cat Tham Sea eco tourism with a total registered capital is 233.65 million USD. In 2016, export turnover to Russian market reached 15.3 million Dong, up 88.9% compared to 2015 and accounted for 1.26% of total export turnover of the province. The main goods exported to Russia: Seafood, food, crafts, textiles, coffee ... However, exporters of Khanh Hoa have not yet fully exploited the potential of this market. Most these goods of Khanh Hoa are now only available in big cities, not in other regions of Russia, especially in the Far East of Russia. In tourism area, in 2016, Khanh Hoa has welcomed 273,809 Russian tourists, accounting for 23.81% of the total 1,150 thousand international visitors to Khanh Hoa, an increase of 19.46% compared to 2015.
Currently, Khanh Hoa province is continuing to call for projects using investment capital outside the State budget (including 5 projects: Infrastructure investment of Nam Cam Ranh Industrial Zone, Ninh Tinh Industrial Development Zone; Ninh Hai Industrial Complex Zone, Doc Da Trang Industrial Development Zone; Northeast Ninh Hoa urban); At the same time, proposed investment loans for investment projects in social infrastructure in the State budget for implementation, such as the Project of provincial Hospital for mother and children (33.57 million USD); Provincial Tumor Hospital (25.26 million USD); The embankment along Cai River (14.95 million USD); The project of Landscape Restoration and urban development along the Ba Ve River, Kim Bong River, Nha Trang City (25 million USD); water reservoir of Can River (18 million USD).