Attracting investment in Lam Dong - Message must be put into practice

Lam Dong needs to realize policies, create an open investment environment, optimize procedure processing time... are the solutions that businesses are expecting in attracting investment in the locality.

The Provincial People's Committee awarded the Investment Policy Decision to businesses and investors at the 2025 Investment Promotion Conference.

Optimizing administrative procedure processing time

Lam Dong has the largest natural area in the country, with 3 typical ecological regions: plateau, midland and coastal. The province has all the elements of sea, forest, border gates, and seaports. All of these open up a large development space, creating "golden" conditions to form a growth pole in the new era.

With many potentials and advantages, Lam Dong is the choice of many investors. According to the assessment of many businesses, the local investment and business environment has changed a lot in recent times. That is the drastic direction of the provincial leaders and the unity in policies and actions of many departments, branches and units. However, to attract investors in the coming time, especially the "big guys", Lam Dong must make more efforts in all fields.

Workers working in industrial parks and clusters. Photo: Ngoc Lan

Mr. Bui Thanh Trung - Chairman of Sun Group Corporation informed that the project that the group is about to deploy in Lam Dong focuses on the goal of upgrading famous tourist destinations and building modern urban areas. To realize this aspiration, the group hopes that the locality will soon concretize the orientation of key investment in economic sectors that are the province's strengths. If this is done, this will be a way to guide investors to research key sectors and invest in the right target. Lam Dong needs to focus on investing in infrastructure, especially transport infrastructure to connect inter-regions. Because this is the bloodline connecting the economic driving forces of the province. "Departments, branches and units in the locality carry out comprehensive administrative procedure reform, creating an open and effective investment environment, with transparent processes and optimal processing time to welcome investors", Mr. Trung proposed.

As a large corporation that has been investing in Lam Dong, Mr. Ngo Minh Hai - Chairman of the Board of Directors of TH Group affirmed that Lam Dong has made many efforts to create favorable conditions for investors. During this period, businesses are witnessing huge changes in the operation of the two-level local government. Departments and branches have merged personnel to be closer to the people and businesses, working faster and more effectively. However, some new departments, some people have not fully taken over. There are projects that have been done in accordance with the law, carefully prepared, but until now have to wait for the new agency. Meanwhile, the time of businesses is a resource, if delayed, it will be very costly. "The message from the province has been given, businesses want the provincial leaders to direct the branches to quickly review and handle in the direction of inheriting and transferring the legal procedures that have been implemented. Any project that is no longer stuck should be accelerated in granting investment policies, in order to help businesses grasp the opportunities and development momentum of the whole country", Mr. Hai shared.

Assessing investment in Lam Dong, Mr. Dau Anh Tuan - Deputy General Secretary, Head of the Legal Department of the Vietnam Chamber of Commerce and Industry (VCCI) affirmed that Lam Dong has many factors of "heavenly time, favorable location, and harmony" in attracting investment. These are the potential in all fields, the determination in the direction of the provincial leaders, and the solidarity and unity of the authorities at all levels. The message of the province in attracting investment is also very special: "Enterprises need, the government has - Enterprises have difficulties, the government has". However, in order for the message to become action, the Provincial People's Committee needs to respond quickly, making decisions that keep up with the trends and business decisions of enterprises. "The decision to choose where to invest of enterprises is always changing. Localities must limit the situation of making enterprises wait for administrative procedures of the government. Only then will attracting investment be truly effective", said Mr. Tuan.

Many Lam Dong businesses hope that the province will soon turn the message into action to create a favorable and transparent environment in production and business.

Leadership capacity measured by the number of businesses invested

Lam Dong has a lot of potential and strengths. The whole province has more than 33,000 legal enterprises, with a total registered capital of over 350,000 billion VND. In 2025 and the period 2026 - 2030, the province announced a list of 72 projects calling for investment. The projects focus on areas such as: transport infrastructure, industrial parks, clean energy, urban areas, housing, high-tech agriculture, tourism, education, health, trade and environmental protection. These are areas with high spillover effects, promising to create a driving force for comprehensive development for the locality.

Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Ho Van Muoi emphasized that in order to promote potential and advantages, the locality really needs the companionship of businesses and investors. In the development journey, Lam Dong still faces many difficulties. Solving problems for businesses sometimes and in some places has not reached the final result. "With the affirmed commitments, we will continue to accompany, listen and provide maximum support so that projects can be implemented quickly, effectively, in accordance with legal regulations, ensuring the harmony of interests of the State, investors and people", Chairman of the Provincial People's Committee Ho Van Muoi affirmed.

The Chairman of the Provincial People's Committee shared that solving difficulties for businesses cannot be done in a day or two, but there are problems that need to be solved one by one. In the spirit of doing easy things first, difficult things later, Lam Dong will accompany businesses and hopes that investors will understand and share.

At the 2025 Investment Promotion Conference held on October 12, Politburo member and Permanent Deputy Prime Minister Nguyen Hoa Binh emphasized that Lam Dong must change its mindset and innovate in introducing, promoting, and calling for investors to the province. The locality needs to focus on investing in infrastructure, especially transport infrastructure and digital infrastructure to connect inter-regions and attract investment to the province. In investment, the province determines to focus on key and focal investments, avoiding dispersion of resources. "On the part of businesses, it is necessary to carefully study the potential and business environment in the locality to soon make wise decisions in choosing investments. The answer to the capacity of provincial leaders is measured by the number of businesses coming to Lam Dong," Permanent Deputy Prime Minister Nguyen Hoa Binh affirmed.

In 2025 and the period 2026 - 2030, the province announced a list of 72 projects calling for investment. The projects focus on areas such as: transport infrastructure, industrial parks, clean energy, urban areas, housing, high-tech agriculture, tourism, education, health, trade and environmental protection. These are areas with high spillover potential, promising to create a driving force for comprehensive development for the locality.

Source: https://baolamdong.vn/thu-hut-dau-tu-lam-dong-thong-diep-phai-di-vao-thuc-tien-398477.html