Economy

Bolstering Infrastructure and Reforms to Attract Industrial Investment

Trinh Chu 06/02/2026 09:13

By upgrading technical infrastructure, accelerating administrative reforms, and placing businesses at the center of public service, Lam Dong Province is significantly enhancing the appeal of its industrial parks and attracting robust investment flows.

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Silk production in Bao Loc - Photo by Vu Thanh Minh

According to Mr. Dau Anh Tuan, Deputy Secretary General of the Vietnam Chamber of Commerce and Industry (VCCI), Lam Dong not only possesses the largest natural land area in the country but also benefits from a combination of valuable forest, marine, and mineral resources. Investment trends in the province’s industrial parks throughout 2025 have further reinforced the validity of this assessment.

In 2025, industrial parks across Lam Dong attracted 18 new investment projects, covering more than 57 hectares of land, with total registered capital exceeding VND 1,578 billion and USD 57 million. As of January 2026, the province recorded 238 active investment projects in its industrial parks, with total registered capital surpassing VND 46,410 billion and nearly USD 5.515 billion. These include 57 foreign direct investment (FDI) projects and 181 domestic projects, occupying a total leased area of more than 726 hectares.

Statistics from the Provincial Industrial Parks Management Board show that 14 out of 15 industrial parks in Lam Dong have been approved for investment. Of these, 11 industrial parks are already operational, with a total land area of more than 2,012 hectares, while three others are currently in the infrastructure development phase. The average occupancy rate across the province’s industrial parks stands at approximately 54 percent, and completing technical infrastructure has been identified as a key priority for 2026.

The Management Board emphasized that enhancing competitiveness and improving the investment and business environment within industrial parks is of critical importance. These efforts directly contribute to improving the Provincial Competitiveness Index (PCI) while driving economic growth and accelerating the transition toward a more modern economic structure. In recent years, the Board has placed strong emphasis on administrative reform, adopting a business-centered service approach. All administrative procedures under its authority are now fully available through online public service platforms, integrated with electronic payments and public postal services for document submission and result delivery.

In addition, the Board has proactively introduced innovative reform models aimed at improving service quality for investors. These include a “paperless dossier” model, full digitalization of administrative procedures, and the use of interconnected electronic forms (eForms) linked to the national database. These measures have significantly reduced processing time and costs while minimizing errors for businesses. As a result of these comprehensive reforms, in 2025, the Industrial Parks Management Board achieved a score of 92.46 points in the national index measuring service quality for citizens and businesses—helping strengthen Lam Dong’s image as an investor-friendly destination and enhancing confidence in the province’s governance capacity.

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