The central province of Lam Dong wants to strengthen cooperation with partners from the Republic of Korea (RoK) in investment, trade and tourism, focusing on areas where both sides have strong potential.
A business networking conference to promote trade, investment and tourism ties between Lam Dong and Korean partners took place in Xuan Huong, Da Lat, on October 8. It brought together local authorities, businesses and representatives from both sides.
The event was co-hosted by the provincial Investment, Trade and Tourism Promotion Centre and the Vietnam–Korea Business and Investment Association. It gave the Korean delegation an opportunity to learn about the province and discuss concrete cooperation opportunities with local authorities, associations and businesses.
Nguyen Ngoc Phuc, Vice Chairman of the Lam Dong People's Committee, said the province will prioritise projects using modern technologies and advanced management practices during 2026–2030. The projects are expected to use resources efficiently, generate high added value and connect with global production and distribution chains.
The province is particularly interested in sectors where Korean businesses have strengths, including agriculture, green energy, the circular economy, high-quality tourism, healthcare, education, human resources training and digital transformation, he said.
Provincial authorities are committed to supporting Korean investors by providing transparent information and facilitating their research, surveys and project implementation in line with local master plans, regulations and sustainable development orientations, Phuc added.
Kim Woon Nam, a member of the Gyeonggi Provincial Council, said Lam Dong has abundant resources, with Da Lat standing out as an attractive destination for Korean visitors and tourists from many other countries.
Local agricultural products, coffee and other specialties also have significant potential in the RoK market, he said.
Kim called for stronger cooperation between Gyeonggi and Lam Dong, including more exchanges between authorities and stronger partnerships between businesses and the private sector. He said cooperation could gradually expand to universities, businesses and key industries.
At the event, the Lam Dong Investment, Trade and Tourism Promotion Centre and the Vietnam–Korea Business and Investment Association signed a memorandum covering investment, trade and tourism promotion, business and production cooperation, market expansion for agricultural products and the opening of air routes.
In the first nine months of 2026, Lam Dong's exports to the RoK reached 56.15 million USD, accounting for about 1.7% of the province's total export value. Key products included alumina, coffee, vegetables, fresh flowers, fishery products and garments.
The RoK has also remained Lam Dong's largest source of international tourists in recent years. Agricultural tourism, wellness services and high-end resorts are among the products suited to Korean travellers.
Sources: VietnamPlus
