Lam Dong Remains an Attractive Destination for Investors
Since the beginning of the year, Lam Dong Province has synchronously implemented policies to support business development and attract investment, achieving tangible results.
The locality continues to be an appealing destination for investors, with a number of key projects approved and granted investment licenses. At the same time, the province is actively addressing bottlenecks faced by off-budget investment projects, with the aim of bringing them into operation at the earliest opportunity.
In the first quarter of 2026, Lam Dong recorded 1,349 newly established enterprises with total registered capital of VND 5,032 billion, representing an increase of nearly 4% in the number of enterprises and 10.5% in registered capital.
The continued growth in new business formation in the early months of the year reflects the province’s strong commitment to promoting private sector development in line with Resolution No. 68 of the Politburo.
Lam Dong has turned policy into action with determination, guided by the principle of placing people and businesses at the center of service delivery, while striving to achieve double-digit economic growth in 2026.
Alongside the approval of large-scale new projects such as the Phan Thiet Airport (civil aviation component), Bung Thi Hot Spring Tourism Area, and the Ham Tien–Mui Ne New Commercial-Service Urban Area, the province is also working to remove obstacles facing ongoing projects.
Recent practice shows that the six task forces assigned to review off-budget investment projects and propose solutions have been working consistently and systematically.
With a sense of urgency and a commitment to providing maximum support, leaders of the Provincial People’s Committee, together with relevant departments and localities, have been actively reviewing projects and proposing solutions to accelerate their implementation, thereby avoiding the waste of both land resources and investors’ capital.
In coastal areas, Novaland Group is among the enterprises with multiple large-scale projects currently facing difficulties. In a spirit of strong support for businesses, Nguyen Minh, Vice Chairman of the Lam Dong Provincial People’s Committee, chaired a meeting with Task Force No. 4 to review each Novaland project and propose solutions tailored to specific obstacles.
At the meeting, 13 projects invested by Novaland in coastal localities of Lam Dong Province were reviewed in detail, with each issue addressed individually.
Concluding the meeting, Vice Chairman Nguyen Minh noted that most of the obstacles fall within the province’s authority and instructed relevant departments and members of Task Force No. 4 to promptly resolve issues within their jurisdiction, enabling investors to resume implementation and bring projects into operation soon.
These efforts underscore the Lam Dong authorities’ strong commitment to accompanying investors and businesses. With a determination to create a more transparent and streamlined investment environment, cutting unnecessary administrative procedures, the province continues to attract major investors.
In the first three months of 2026 alone, Lam Dong approved investment policies for 10 off-budget projects, with total registered capital exceeding VND 54,647 billion and covering more than 644 hectares of land.
This lays an important foundation for the province’s continued economic growth, generating more jobs and income for local people.