Creating an attractive investment environment.

Improving the investment environment is not only an immediate requirement but also a decisive factor in long-term development capacity. In Dak Lak, initial reform efforts have yielded concrete results.

Since the beginning of the year, the Provincial People's Committee has approved investment policies and granted investment registration certificates for 6 projects with a total capital of approximately 3,572 billion VND. In addition, many large corporations and businesses have come to the province to survey investment opportunities. For example, in early April 2026, BIN Corporation proposed to survey and invest in a high-tech and renewable energy complex project in Ea Súp and Ea Wer communes, with a total investment of approximately 78,000 billion VND.

However, this is only the beginning, because "retaining" and accompanying businesses throughout the project implementation is a difficult task. In practice, many businesses have decided to withdraw after surveying the project. The main reasons stem from overlapping and potentially risky legal procedures related to land, investment, planning, and environmental issues.

The departure of some major investors is partly due to concerns about the transparency, stability, and feasibility of policies. When these factors are not guaranteed, investment capital may shift to other, more favorable locations or countries.

While businesses need feasible projects and guaranteed resources for implementation, local authorities need to shift from "facilitating" to "serving," with specific and consistent solutions.

Comrade Do Huu Huy, Alternate Member of the Central Committee of the Party, Deputy Secretary of the Provincial Party Committee, and Chairman of the Provincial People's Committee, held discussions with representatives of AEON Vietnam Co., Ltd. regarding the promotion of investment in the construction of a shopping mall and the promotion of the province's key products into the global distribution system. Photo: CTV

Recognizing this, Dak Lak has been taking proactive steps to improve its investment environment. Currently, the provincial planning for the period 2021-2030 with a vision to 2050 is being adjusted, outlining four pillars of development, which are attractive areas for investors. Simultaneously, the province requires all units to focus on reviewing and simplifying all administrative procedures related to production and business activities; promptly submitting to competent authorities proposals to amend or abolish unnecessary regulations; and reducing processing time and costs by 50% compared to 2024.

At the first meeting of the Steering Committee for achieving double-digit growth targets for the period 2026-2030 (April 1, 2026), Central Committee member and Provincial Party Secretary Luong Nguyen Minh Triet emphasized: The province must establish a "green channel" mechanism for priority projects and preferential mechanisms to attract strategic investment projects that meet development requirements. This is not only a directive but also a test of the province's determination to reform in practice.

Furthermore, the province is tightening discipline in project management and implementation. During the 2021-2025 period, the province has 2,460 projects using state budget funds; of which 141 projects are facing difficulties, obstacles, delays, and backlogs that have not yet been inspected or audited. There are 430 non-budgetary projects, of which 107 are behind schedule. This shows that bottlenecks lie both in attracting investment and in the implementation phase, as well as the responsibilities of the relevant parties.

Reviewing and clearly classifying each project to resolve, revoke, or handle it according to regulations is a necessary requirement. This is not only a matter of efficient resource utilization, but also a message about a transparent and fair investment environment – ​​a key factor in strengthening business confidence.

With synchronized and decisive steps, Dak Lak is determined to improve its investment environment. This spirit will continue to be maintained, so that the province's investment attraction efforts will not only stop at surveying and proposing projects, but will transform into a driving force for growth, soon turning the locality into a new growth pole.

Mr. Dung

Source: https://baodaklak.vn/kinh-te/202605/tao-luc-hut-cho-moi-truong-dau-tu-5922ed5/