Lam Dong province benefits from special policies to develop

PM Nguyen Xuan Phuc on June 5 presented Decision 1528/DQ-TTg that provides some specific mechanisms and policies for developing Lam Dong province, especially Da Lat city, to the local administration.
Lam Dong province benefits from special policies to develop ảnh 1PM Nguyen Xuan Phuc speaks at the decision announcement ceremony (Photo: VNA)

Lam Dong (VNA) – Prime Minster Nguyen Xuan Phuc on June 5 presented Decision 1528/DQ-TTg that provides some specific mechanisms and policies for developing Lam Dong province, especially Da Lat city, to the provincial administration.

Under the PM’s Decision, the Central Highlands province is permitted to apply some special mechanisms and policies for developing various aspects in Da Lat city and its vicinity such as real estate business, satellite cities, public transport, tourism sites, a biotechnology and hi-tech agriculture zone, and a concentrated IT zone.

Accordingly, the Lam Dong People’s Committee can allow property investors, (except for those in ecological and leisure tourism projects) who have completed infrastructure construction, to transfer their projects to other investors for building housing or other structures approved by authorised agencies.

The Chairman of the People’s Committee can ask the PM to decide on exempting the land rent for projects on building a national tourism site and a key tourism site in Da Lat.

Taxes on imported materials and equipment for building hi-tech greenhouses and net houses serving vegetable and flower production can also be exempted for five years if those materials and equipment cannot be sourced domestically.

Lam Dong province is also permitted to build a “green village” on a trial basis in Da Lat city. The “green village” will include a hi-tech agricultural production area along with housing and public facilities. Agritourism will be developed there. The village will be designed to preserve biodiversity, natural landscapes, and local culture while reducing greenhouse gas emission and using renewable energy.

At the decision announcement ceremony in Da Lat, PM Nguyen Xuan Phuc said Decision 1528/QD/TTg aims to create optimal conditions for Lam Dong to capitalise on its natural potential, especially in tourism and agriculture.

He told local authorities to prioritise tourism and hi-tech agriculture, adding that brands should be built for each hotel and tourism site, along with each hi-tech farm products to boost export.

While the province’s administration needs to overhaul its apparatus and business climate, businesses must comply with laws during their operations there to help Da Lat and Lam Dong grow.

Later on June 5, the Government leader visited the Da Lat Ground Force Academy and some policy beneficiaries.

On June 4, he had a working session with provincial officials to assess local socio-economic development and visited residents in N’Thol Ha commune, Duc Trong district.

Lam Dong has a population of nearly 1.3 million from 43 ethnic groups. It welcomed 5 million tourists in 2015.

The province has posted an annual per capita GDP of 45.5 million VND (over 2,000 USD) during the last five years, approximating the national average. It expects the figure at 70 million–73 million VND (3,100 – 3,200 USD) in 2020 and low-income households reduced by 1.5 – 2 percent annually.-VNA

VNA

See more

Tom Attenborough (right), head of international business development for primary markets at the London Stock Exchange (LSE), speaks at the forum. (Photo: VNA)

LSE sees strong outlook for Vietnam’s capital market

Vietnam’s outlook remained positive, supported by strong economic growth and clear policy direction, and deeper participation from international investors would be key to sustaining double-digit expansion, said Tom Attenborough, head of international business development for primary markets.

The southern area of Khanh Hoa province holds significant potential for developing wind power projects. (Photo: VNA)

Vietnam tested by rising global energy risks

Energy security today extends beyond supply stability to include adaptability and technological self-reliance in clean energy. With proactive integration and sustained investment in renewables, Vietnam is well positioned to turn external pressures into an opportunity to drive a greener, more resilient economic transformation

Online shopping is a common habit among office workers. (Photo: VNA)

E-commerce boom shadowed by surge in counterfeit goods

What appears to be a convenient digital marketplace is, in many cases, riddled with sophisticated traps. With a single click, trust can quickly be exchanged for fake or substandard products, online newspaper vietnamplus.vn reported.

Border Guard officers in Dong Thap inspect and verify fishing vessels before they depart from port. (Photo: VNA)

Dong Thap steps up digital vessel management, strengthens traceability

The Mekong Delta province of Dong Thap has rolled out a plan to implement recommendations from the European Commission on tackling illegal, unreported and unregulated (IUU) fishing, aiming to fully fix shortcomings and contribute to the removal of the “yellow card” warning in 2026.

Tran Phu petrol station in Nghia Lo ward, Quang Ngai supplies E10 petrol to local residents. (Photo: VNA)

Dung Quat biofuel plant set for full-capacity operations in April

BSR-BF Director Pham Van Vuong said the company is looking to expand into new areas such as biodiesel, sustainable aviation fuel (SAF), microalgae, and afforestation, opening up broader growth prospects and strengthening its position in the green energy value chain.

Emma McDonald, Australian Senior Trade and Investment Commissioner, speaks at the conference on April 14. (Photo: VNA)

Vietnam, Australia boost cooperation in fintech

Australian companies have strengths in regtech, data governance, cybersecurity, payment infrastructure, and digital assets—areas that align with Vietnam’s priorities. Their experience in highly regulated environments could help Vietnam address challenges such as financial fraud, cybercrime, and security risks.

Booths of Vietnamese cooperatives and enterprises at the Halal Expo 2025 exhibition in Türkiye. (Photo: VNA)

Türkiye seen as promising market for Vietnam’s Halal products

With a large Muslim population, Türkiye serves as both a major consumer market and a well-developed processing hub for such products. Meanwhile, Vietnam is gradually establishing its capacity to supply Halal goods, particularly in processed foods, agricultural produce, beverages, tourism services and logistics.

A view of Da Nang city (Photo: VNA)

Da Nang charts mega merger for global eco-city vision

Da Nang has set a target of having at least five financial technology (FinTech) businesses with revenues of over 1 trillion VND (40 million USD) yearly, while the Free Trade Zone would contribute 17.9% to the city’s gross regional domestic product (GRDP).

A VinFast electric motorbike showroom. (Photo: vinfastecoxe.vn)

Fuel hikes push electric motorbike sales

Electric motorcycle sales by Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, SYM Vietnam and Suzuki Vietnam, rose by 8.3% year-on-year to 729,121 units.