By
Minh Hue
Sun, October 19, 2025 | 1:31 pm GMT+7
The Lam Dong province People’s Committee has initiated a significant push for investment, announcing 72 projects across various sectors slated for implementation in 2025 and the 2026-2030 period. This strategic move aims to stimulate economic growth and bolster development in the region.
Among these projects, 12 require land-use right auctions, while 58 will see investors selected through competitive bidding processes. Additionally, two projects have already received in-principle approval, marking a strong start towards mobilizing resources for development.
The investment portfolio is diverse, showcasing Lam Dong’s multifaceted economic landscape. It comprises 25 projects in urban development and residential areas, three in tourism, five in agriculture and forestry, and 11 spanning water supply, drainage, and waste treatment. Transport infrastructure and industrial parks feature prominently, with seven projects, while healthcare and education sectors receive attention with six and commerce and services make up three initiatives.

A corner of Lam Dong province, central Vietnam. Photo courtesy of the government’s news portal.
To streamline the investment process, the provincial Department of Finance has been appointed as the lead agency for receiving and processing project proposals. This department is also responsible for continuously updating and adjusting the project list to reflect local conditions, ensuring the dynamic adaptation of the investment landscape.
In collaboration with the Department of Agriculture and Environment, the Department of Finance will oversee the review and recommendation of suitable investor selection mechanisms for state-managed lands. This collaborative approach aims to uphold legal compliance and enhance transparency in the investment process.
Local authorities have been directed to integrate proposed project sites into their 2025 land-use plans and prepare appropriate proposals for land auctions or investor bidding, ensuring that economic development is carefully coordinated with land management strategies.
During an investment promotion conference held on October 12, Chairman of the provincial People’s Committee, Ho Van Muoi, underscored Lam Dong’s dedication to improving its investment climate. “The success of investors is the success of the province,” he asserted, reiterating the commitment to streamline administrative procedures, improve transparency, and offer strategic policy incentives to attract more investments.
At this conference, Lam Dong authorities made a significant announcement by granting investment registration certificates or in-principle approvals for nine major projects. These initiatives are projected to generate over VND35 trillion (approximately $1.33 billion) and cover more than 2,300 hectares, with a focus on sectors such as tourism, agriculture, and real estate.
Among the noteworthy projects highlighted was the VND12 trillion ($455.55 million) Ham Tien-Mui Ne Trade-Service-Urban Area (Phase III) undertaken by Sun Phan Thiet Investment and Development Co., Ltd. Another impressive venture includes a high-tech dairy farming and milk processing complex in Dak Nong, valued at VND8 trillion, initiated by Dak Nong High-Tech Dairy Farm and Milk Processing Co. Ltd. The Ocean Valley Tourism Complex, backed by Delta-Valley Binh Thuan Co., Ltd., is also set to make a considerable impact with an investment of VND6.4 trillion.
Additionally, during the same event, Lam Dong authorities secured memorandums of understanding (MoUs) with 12 prominent companies spanning various sectors, including digital transformation, tourism, real estate, agriculture, high-tech farming, construction, renewable energy, and bauxite processing. Key players involved include Viettel Group, telecom group VNPT, Sun Group, and Novaland, indicating a concerted effort to foster public-private partnerships.
The signing of these MoUs aims to facilitate comprehensive project research and public-private cooperation, steering sustainable economic growth aligned with Lam Dong’s vision for development by 2030.
It’s worth noting that as of July 1, 2025, Lam Dong province underwent a significant administrative change, merging with Dak Nong and Binh Thuan provinces. This reconfiguration has positioned Lam Dong as a pivotal area bordering several significant locations including Dak Lak, Dong Nai, Khanh Hoa, Ho Chi Minh City, Cambodia, and the East Sea.