Top Vietnamese Conglomerates Sun Group, Novaland, and Hoa Sen Group Pour VND 35 Trillion into 9 Mega Projects Spanning Over 2,300 Hectares in Lam Dong

Among the entities receiving investment certificates and signing agreements are prominent corporations and conglomerates such as Sun Group, Novaland, and Hoa Sen Group.

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Recently, the People’s Committee of Lam Dong Province has granted investment policy approvals and investment registration certificates to nine enterprises.

The total investment capital for these nine approved projects exceeds 35,000 billion VND, spanning an area of over 2,300 hectares. The approved projects cover diverse sectors, including tourism, agriculture, and real estate.

Among the notable projects is the New Ham Tien – Mui Ne Urban and Commercial Service Area (Zone III), with a total investment of over 12,000 billion VND and a scale of 219 hectares.

The area designated for the New Ham Tien – Mui Ne Urban and Commercial Service Area project.

The investor is Phan Thiet Sun Investment and Development LLC, a joint venture between Beautiful Sea Phu Quoc Investment LLC and Ha Long Sun LLC (under Sun Group).

Another significant project is the Ocean Valley Tourism Complex, with a total investment of 6,400 billion VND by Delta-Valley Binh Thuan LLC (a subsidiary of Novaland).

Additional projects include the Eco Grand Land Rural Model Residential Area (1,284 billion VND, 46 hectares) by Eco Grand Land Investment and Development LLC; the upgrade and restoration of the Sighing Lake Tourism Area (1,275 billion VND, 118 hectares) by Thuy Duong LLC; the Dai Tung Lam Lotus Spiritual Tourism Area (1,270 billion VND, 521 hectares) by Lotus Investment Group LLC; and the Da Oai Industrial Cluster (172.5 billion VND, 41 hectares) by Thanh Thanh Cong Industrial Park JSC.

Other projects are the High-Tech Dairy Cow Farming and Processing Complex in Dak Nong (8,059 billion VND, 451 hectares) by Dak Nong High-Tech Dairy Cow Farm and Processing LLC; the Neotek Vietnam Industrial Plant (2,200 billion VND, 13 hectares) by Neosem Limited; and the Binh Thuan Sports Shoe Manufacturing Plant (894 billion VND, 8 hectares) by Dai Hoa LLC.

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