Lâm Đồng emerges as investment hotspot

1h ago
09-02-2026 11:20:11+07:00

Lâm Đồng emerges as investment hotspot

Lâm Đồng Province is emerging as a strategic industrial hub, attracting major investors to its industrial parks and serving as a key industrial satellite for the Southern Economic Zone.

Tân Đức Industrial Park in Lâm Đồng Province. The province is attracting more and more investment projects into its industrial parks. — Photo baolamdong.vn

Lâm Đồng Province is emerging as a strategic industrial hub, attracting major investors to its industrial parks and serving as a key industrial satellite for the Southern Economic Zone. 

The province added a new industrial park in December 2025.

Developed by Sonadezi Bình Thuận, the Tân Đức Industrial Park spreads over 300 hectares and cost VNĐ1.2 trillion, and boasts modern infrastructure designed for high-tech and green industries.

Trương Đình Hiệp, chairman of Sonadezi, said the park stands as a testament to local authorities’ dedication to supporting businesses through direct dialogue and decisive action.

He expressed interest in investing in more projects in the province to leverage its strategic position in the south-central and Central Highlands regions.

Elsewhere in the province, a number of other newly formed or under-development industrial parks like Hàm Kiệm I and II and Sơn Mỹ I and II are fast-tracking infrastructure works and legal procedures.

According to the province’s industrial parks management board, last year 22 projects set up shop, six of them foreign, by investing over VNĐ1.578 trillion ($60.9 million) and US$57.1 million. 

The board currently manages 241 projects with investments of nearly VNĐ44.6 trillion ($514 million).

These figures reflect a clear shift in investment towards Lâm Đồng as industrial lands become increasingly scarce in HCM City and its neighboring provinces. 

With its proximity to the nation’s largest economic hub, enhanced regional connectivity and an abundance of land, Lâm Đồng is becoming a strategic transit point and new industrial satellite.

Hồ Văn Mười, chairman of its People's Committee, said the province offers a safe and transparent investment climate, and promised to resolve all challenges promptly to ensure optimal conditions for sustainable long-term growth. 

Bizhub

- 15:43 08/02/2026



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Korean firms seek investment opportunities in Phú Thọ

The province recorded an economic growth rate of 10.52 per cent in 2025 to reach GRDP of US$16 billion, ranking sixth nationwide.

Canada-backed AGILE project launched to boost Việt Nam's climate enterprises

The programme will address barriers faced by SMEs, which continue to encounter constraints in accessing finance and technology needed for sustainable business...

Business formation jumps in January, but closures highlight lingering strain

Nearly 24,200 new businesses were established nationwide in January, up 40.9 per cent from December.

January CPI edges up on stronger Tết Holiday demand

According to the NSO, higher pork prices amid rising Tết demand, increases in dining-out service prices and higher costs of housing maintenance materials linked to...

KKR and Singtel step up data centre investment in Southeast Asia

KKR and Singtel are teaming up to acquire a majority stake in data centre operator ST Telemedia Global Data Centres in a multibillion-dollar transaction aimed at...

Vietnam-South Africa strategic partnership boosts business links

The upgrade of Vietnam-South Africa relations to a strategic partnership is opening up new opportunities for businesses, with the country seen as a gateway for...

Việt Nam, US step up economic–trade policy dialogue

Việt Nam consistently pursues the development of economic relations with the US on the basis of harmonised interests, balance and sustainability. He stressed that...

Korean enterprises explore investment in Vĩnh Long province

The Vĩnh Long Provincial People’s Committee on February 4 held a working session with FBH Media Company from the Republic of Korea (RoK) to discuss investment...

Vietnam records solid FDI performance in January

Foreign direct investment into Vietnam remained positive in the first month of 2026, particularly disbursed capital. This is an encouraging signal, reflecting...

Pegasus Tech Ventures steps up Vietnam focus

Pegasus Tech Ventures, a Silicon Valley-based venture capital firm with nearly $2 billion in assets under management, is increasing its focus on Southeast Asia as...


MOST READ


Back To Top