Lam Dong economy has many bright spots

Tam Thanh Market (Phu Quy Special Zone) early morning

Impressive numbers

According to the report, the estimated growth rate of gross regional domestic product (GRDP) in the first 6 months of 2025 in Lam Dong reached 5.97% over the same period. Of which, the agriculture - forestry - fishery sector increased by 5.14%, the industry and construction sector increased by 3.79%; in particular, the service sector increased sharply by 7.83%. The service sector still accounts for the largest proportion in the economic structure at 45.62%, agriculture - forestry - fishery accounts for 27.26% and industry - construction 27.12%. By the end of June, the total state budget revenue reached 16,862 billion VND. The tourism sector continues to be a bright spot in Lam Dong's economy. In the first 6 months of 2025, the total number of tourists to Lam Dong was more than 12 million, an increase of 20.26% over the same period. Notably, international visitors increased sharply by 56.09%, reaching 798.3 thousand arrivals.

Export activities also recorded impressive results with total export turnover reaching 1,527.21 million USD, up 28.31% over the same period. Key products such as alumina and aluminum hydroxide, green coffee, seafood, cashew nuts, and fresh cut flowers all had good growth rates... Among them, there were products with impressive growth including cashew nuts up 194.12%, pepper up 96.79%... Notably, despite new tax policies from the US market, Lam Dong 's export enterprises (accounting for about 15% of total export value to the US) have not been significantly affected in the short term.

In addition, the situation of business development and investment attraction is quite positive, with 1,526 newly established enterprises in the first 6 months of the year, with a total registered capital of VND 8,495 billion, an increase of 18.3% in the number of enterprises and an increase of 0.23% in registered capital compared to the same period. The number of enterprises resuming operations also increased by 9.6%. The province has granted 28 new projects with a total registered investment capital of VND 4,416.9 billion. In order to promote development, Lam Dong continues to focus on reforming administrative procedures, reducing the time to carry out procedures related to production, business and investment attraction. The province also promotes digital transformation and supports enterprises to transform production towards sustainable development and green growth.

Continuing sustainable development momentum

Lam Dong is striving to overcome difficulties to continue to affirm its position and make a breakthrough in socio-economic development after the merger.

Although there are still some shortcomings and limitations, especially the low disbursement of public investment capital, the above bright spots are the premise, creating important momentum for sustainable development in the coming time. To achieve an economic growth rate of 8%, and at the same time, perfecting the organizational apparatus to meet the requirements of new tasks, at the recent Conference on deploying key tasks and solutions after the merger, Chairman of the Provincial People's Committee Ho Van Muoi requested: All cadres and civil servants with new opportunities and responsibilities must have big thoughts, big actions; must make efforts, be unanimous, and united; surpass what they have done before to develop the province.

Prime Minister Pham Minh Chinh also directed at the Government Conference with localities: There must be an idea of turning nothing into something, turning difficult into easy, turning the impossible into possible to overcome difficulties and challenges with the spirit of "resources originating from thinking; motivation originating from innovation; strength originating from the People and businesses"; steadfastly pursuing the set goals and focusing on implementation with higher determination, greater efforts, and more drastic actions; assigning tasks to ensure "6 clarity: clear people, clear work, clear responsibility, clear authority, clear time, clear results".

Lam Dong is converging the strengths of 3 regions: Lam Dong of thousands of flowers, Lam Dong of blue sea and Lam Dong of great frontiers; along with strategic orientations from the Central Government and decisive, comprehensive management from the locality, the development opportunities of the province are wide open, a breakthrough opportunity for industries and fields...

Source: https://baolamdong.vn/kinh-te-lam-dong-co-nhieu-diem-sang-381778.html