Khánh Hòa Province
The South Central Coast is central Vietnam's most industrialized region, mostly due to major industrial centers such as Da Nang and Khánh Hòa Province. However, industrialization in the region is still lagging behind the national average and is far behind Vietnam's two major industrial hubs around Ho Chi Minh City and Hanoi. The region's industrial GDP was 35,885.4 billion VND in 2007, accounting for 37.35% of the region's total GDP and 7.54% of Vietnam's industrial GDP. More than 40% of that is produced in Khánh Hòa Province and Da Nang (21.8% and 20%) and another 13 to 14% each by Quảng Nam Province and Bình Định Province. Bình Thuận Province has been able to increase its share to 12% with growth rates in industry averaging 21.6% from 2000 to 2007. Most other provinces have achieved growth between 15 and 20%, with slower growth only in the established industrial centers of Da Nang (14.8%) and Khánh Hòa Province (13%). The region's average industrial growth rate was 16.3% per year from 2000 to 2007, making the main driving force of the economy.