Investment attraction shows positive momentum
Since the beginning of the year, off-budget investment attraction has shown positive signals and remains a highlight in the province’s economic picture.
Investment proposals surge in Lam Dong
In the first five months of 2026, Lam Dong attracted 48 investment projects with total capital of more than VND 140,000 billion, including 26 new projects and 22 adjustments to investment policies. In industrial parks, six additional secondary projects were added, bringing the total to 244 projects, including 58 FDI projects and 186 domestic ones, with registered capital of nearly VND 46,730 billion and over USD 515 million.
With its newly expanded development space, Lam Dong is increasingly attracting investor interest and receiving new project proposals aimed at tapping the province’s potential and advantages. In May 2026, in particular, local leaders held working sessions with several major corporations and investors.
Notably, Vietnam Rubber Industry Group expressed interest in developing industrial park infrastructure projects in Tra Tan and Suoi Kiet communes, which are planned to host nine industrial parks. The group pledged continued cooperation with local authorities to effectively implement these projects.
In the energy sector, EVNGENCO1 proposed floating solar power projects on hydropower reservoirs in Lam Dong, with a combined investment of around VND 5,900 billion and a completion timeline of 24 months if approved. Apollo Oil also proposed pumped-storage hydropower projects across several communes, with a total capacity of 1,520 MW and estimated annual revenue of around VND 750 billion for the province.
Meanwhile, THACO is currently studying and proposing 10 projects in Lam Dong, ranging from urban development and commercial services to industrial infrastructure and metro systems. Allied Green (Australia) has also proposed a sustainable aviation fuel project, focusing on next-generation clean biofuels for aviation and transport.
Growth driver
In May, a member of TTC Group proposed expanding its nationwide network of trade and distribution centers through the relevant provincial authorities. The plan includes studying a potential hypermarket project in Phan Thiet, Phu Thuy, Duc Trong, or wards in Da Lat.
Recently, at a provincial People’s Committee meeting reviewing socio-economic performance for May 2026, Nguyen Ba Ut, Director of the Department of Industry and Trade, said the sector is reviewing 30 planning and investment projects for the 2026 - 2030 period. From this, eight power projects with a total capacity of nearly 1,000 MW have met appraisal conditions and are being fast-tracked for investment approval.
Meanwhile, supported by strong provincial policies, investors have shown commitment to accelerating project implementation. With positive momentum in investment attraction, this is expected to become a key driver for Lam Dong’s double-digit GRDP growth in the 2026 - 2030 period.