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 VND45.5 million (over US$2,000) during the last five years, approximating the national average. It expects the figure at VND70 million–73 million (US$3,100 – 3,200 USD) in 2020 and low-income households reduced by 1.5 – 2% annually.