To improve the investment environment and enhance the PCI score

Authorities' Determination

At the beginning of this year, the Provincial People’s Committee issued Directive No. 01 on implementing key socio-economic development tasks for 2026, aiming for double-digit economic growth (10% or higher). Notably, the province will make strong efforts to improve the investment and business environment, enhance the Provincial Competitiveness Index (PCI), and strive to rank among the top 10 out of 34 provinces and centrally governed cities.

To achieve the highest possible targets for 2026, Mr. Ho Van Muoi, Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, and Chairman of the Provincial People’s Committee, requested that departments, agencies, units, and localities promptly implement several key tasks from the beginning of the year. These include accelerating administrative reform, improving the investment and business climate, enhancing the province’s PCI, and creating favorable conditions to attract investment.

Also in January 2026, the Provincial People’s Committee, in coordination with the Vietnam Chamber of Commerce and Industry (VCCI), organized a workshop titled “Enhancing provincial competitiveness and improving the investment environment in Lam Dong Province.” Besides, local authorities acknowledge recommendations and solutions from experts, the business community, and VCCI as a basis for developing and implementing action programs. The goal is to substantially improve Lam Dong’s PCI as well as the Department and District Competitiveness Index (DDCI) in the coming period.

The Provincial People’s Committee and VCCI have signed a cooperation agreement to improve the investment environment, enhance competitiveness, and support enterprise development in Lam Dong. Specifically, for the 2026–2030 period, both sides will coordinate to implement solutions ensuring business activities are conducted in a safe, transparent, and open manner, with VCCI serving as a strategic bridge to connect capable investors and enterprises with projects in Lam Dong. Furthermore, they will support domestic and foreign businesses in expanding their operations and effectively implementing startup support policies. It is expected that in 2026, at least 12 joint activities will be planned to further upgrade the investment climate and sharpen the province’s competitiveness.

Accompanying Efforts to Improve the Investment and Business Environment

Looking back at recent years, the local investment and business environment has continued to show positive changes, reflected in the growth of enterprises, registered capital scale, and implemented projects.

In fact, Lam Dong Province, after the administrative merger, has opened up a broader economic space, creating opportunities to effectively exploit its combined potential in land resources, climate, forest, marine resources, and minerals. However, these opportunities can only be transformed into tangible results when the investment and business environment is truly open, transparent, stable, and capable of attracting and retaining investors and enterprises.

Regarding this issue, the Department of Finance stated that during the 2026–2030 period, improvements to the investment and business environment must be substantive and sustainable, with a focus on enhancing governance quality and refining policy frameworks to facilitate business operations. Accordingly, the Department will continue to promote its advisory role in public financial management, enterprise registration and support, and concretizing policies that directly impact businesses—particularly market entry conditions, compliance costs, access to support policies, and fulfillment of financial obligations.

The Lam Dong Industrial Parks Management Board has identified solutions to enhance industrial park competitiveness and improve the province’s PCI, focusing on transparent access to incentives, ongoing dialogue with enterprises, and timely resolution of project-related difficulties.

Representatives of the Provincial Women Entrepreneurs Association noted positive improvements in the investment and business environment, particularly in government support, administrative reform, and digital transformation, and committed to collaborating with local authorities to position Lam Dong as a safe, friendly, and sustainable investment destination.