Lam Dong restructures its economy for sustainable development.

In implementing Resolution 31, dated November 12, 2021, of the National Assembly on the plan for restructuring the economy in the period 2021-2025, Lam Dong province has focused on leading and directing the implementation of many key solutions, achieving important results and creating a solid foundation for rapid and sustainable development in the coming period.

Deputy Speaker of the National Assembly Vu Hong Thanh speaks at the working session with Lam Dong province on August 19, 2025.

Developing the economic pillars

According to the assessment of the National Assembly's Economic and Financial Committee, during the period 2021-2025, the provinces of Lam Dong, Binh Thuan, and Dak Nong (formerly), now the new Lam Dong province, achieved many positive results. These included relatively strong economic growth, structural transformation in the right direction, improved living standards for the people, and development of transportation and tourism infrastructure. Social security was ensured, and the poverty rate decreased significantly. Environmental protection was prioritized, and national defense and security were maintained. However, Lam Dong's economic productivity and efficiency remain low; public investment disbursement is slow; administrative reform is not yet synchronized; the application of science and technology is weak; and some issues related to land management, environment, and forests need to be addressed.

For the period 2026-2030, Lam Dong province aims for an average GRDP growth rate of 10-10.5%, with a GRDP per capita of 6,700-7,500 USD, and a positive shift in economic structure towards industry and services. Indicators for social welfare, education, healthcare, environment, urbanization, and resource protection are clearly and comprehensively defined. The province has proposed numerous development solutions that clearly affirm its leading role in the Central Highlands region, while simultaneously promoting digital transformation, administrative reform, and maintaining national defense and security.

Specifically, Lam Dong province is focusing on restructuring agriculture in conjunction with technology and markets. Known as the "vegetable and flower capital" of the country, Lam Dong boasts nearly 60,000 hectares of high-tech agricultural production. However, the current requirement goes beyond simply increasing production scale; it's about building a closed value chain from seed – production – processing – distribution – branding. The province is promoting cooperation with large enterprises, encouraging farmers to participate in new-style cooperatives, and applying digital transformation in traceability and e-commerce. The goal is to achieve over 30% of agricultural products undergoing deep processing by 2025, aiming to conquer demanding markets such as the EU, Japan, and the US.

Resolution 31 of the National Assembly sets the goal of restructuring the economy towards a modern, efficient, and sustainable direction, linked with innovation in the growth model. This serves as a guiding principle for Lam Dong province to concretize into an action program, suitable to the local characteristics, and aligned with regional development planning and national strategy.

In parallel with this, leveraging its tourism potential and advantages, the province is restructuring tourism towards sustainability, focusing on green tourism, high-end resort tourism, and tourism linked to agriculture and local culture. Simultaneously, the province is prioritizing digital transformation in promotion, service booking, and destination management to enhance the visitor experience. This is a step towards making tourism a truly leading economic sector. Alongside this, the province is developing processing industries and renewable energy; attracting investment in clean, environmentally friendly industrial parks and clusters, considering this a crucial driving force in the coming period.

Beyond specific areas, Lam Dong province has determined that the implementation of Resolution 31 must be linked to institutional reform and administrative reform. The province focuses on developing high-quality human resources, especially in high-tech agriculture, tourism, and information technology. Universities and research institutes in Da Lat are encouraged to participate more actively in research, technology transfer, and innovative entrepreneurship... These are the "bottlenecks" that need to be addressed to create momentum for development.

The National Assembly delegation conducted an inspection and on-site survey at the Lam Dong bauxite-aluminum complex project.

Economic restructuring must go into depth.

During a recent working session with the Provincial People's Committee, Vice Chairman of the National Assembly Vu Hong Thanh highly appreciated the province's efforts and aspirations for development, while emphasizing that the socio-economic development goals set for the 2026-2030 period in Lam Dong are ambitious but well-founded, demonstrating high political determination in the context of the province's many positive changes. The Vice Chairman of the National Assembly noted that the economic restructuring of Lam Dong must go deeper, linking agriculture with high technology, deep processing, and brand building. The added value in Lam Dong's agriculture must be improved, shifting from raw production to processing, and enhancing competitiveness.

Lam Dong province is focusing on developing industries with competitive advantages such as high-tech agriculture, processing industries, renewable energy, bauxite-alumina-aluminum; and exploiting its tourism potential with integrated "Sea - Highlands - Flowers" products. The province needs to prioritize administrative reform, support for businesses, development of digital government, and ensuring social security for ethnic minorities and people in remote areas. The province is focusing on building a new development vision after the merger, with the aim of becoming a regional growth center. "Lam Dong must be placed within the strategic East-West economic corridor, connecting the South Central Coast - Central Highlands - Cambodia; closely linked to the national strategy and the Central Government's regional development resolutions," Deputy Speaker of the National Assembly Vu Hong Thanh noted.

Lam Dong province has recently reviewed, integrated, and updated its provincial planning based on a selective and scientific inheritance of the old Lam Dong, old Binh Thuan, and old Dak Nong plans, ensuring consistency with regional, national, and sectoral plans. This serves as a foundation for effectively exploiting the province's comprehensive advantages while expanding new development opportunities and spaces, aiming for green, inclusive, and sustainable growth with a multi-centered growth model.

Source: https://baolamdong.vn/lam-dong-tai-co-cau-kinh-te-de-phat-trien-ben-vung-393359.html