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[BUSINESS] · Vietnam · 2 sources

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Lam Dong province targets $42 bn investment to make Da Lat an international tourism hub

Lam Dong province in Vietnam has set a goal to raise its average annual GRDP growth to 10‑10.5% between 2026 and 2030. To achieve this, the province plans to mobilise between $38 bn and $42 bn in investment and to develop Da Lat into an international‑level tourism, resort and eco‑tourism centre.

The province, now the largest in the country after merging Lam Dong, Binh Thuận and Dak Nong, is organised into seven economic‑social zones. The northern central zone, covering 14 communes around Da Lat, is earmarked to become a hub for culture, education, science‑technology, innovation and high‑end tourism. During the April 30‑May 1 holiday, the province expects about 620 000 visitors, including roughly 21 000 overseas tourists, generating an estimated VND 1 420 billion in tourism revenue. New luxury hotels such as the Grand Mercure Dalat Resort have recently opened, reflecting growing investor interest.