NORTH-EAST SONG CAU 2 INDUSTRIAL PARK
- Investor: Management Board of Industrial Parks of Dak Lak Province
- Price: 30 USD/m2
- Area: 81.8 Ha
TTTFIC GLOBAL INVESTMENT PROFILE 2026
Dak Lak Vietnam entered a fundamentally different investment era following Vietnam’s 2025 provincial reorganization.
The merger of former Dak Lak Province and former Phu Yen Province created a new province extending from the Central Highlands to the South Central Coast, combining one of Vietnam’s largest agricultural production bases with coastal industrial land, seaport infrastructure, economic-zone development, airports, national transport corridors and direct access to the East Sea.
This was not simply an administrative expansion.
It changed Dak Lak’s investment geography.
Former Dak Lak contributes the inland production platform: coffee, durian, high-value agriculture, Buon Ma Thuot, renewable-energy potential, a large labor and consumer base, and westward connectivity toward Cambodia.
Former Phu Yen contributes the maritime platform: South Phu Yen Economic Zone, coastal industrial development, Tuy Hoa, fisheries, seaport infrastructure, the North–South transport corridor and East Sea access.
Together, they create a new economic logic:
→ VALUE-ADDED PROCESSING
→ INDUSTRIAL DEVELOPMENT
→ EAST–WEST LOGISTICS
→ COASTAL ECONOMIC ZONE
→ PORT ACCESS
→ DOMESTIC & GLOBAL MARKETS
For international investors, this emerging highlands-to-sea platform is the defining investment thesis of Dak Lak Vietnam 2026.
Dak Lak is now one of Vietnam’s largest and most geographically diverse provinces.
Under Vietnam’s 2025 provincial reorganization, former Dak Lak and former Phu Yen were consolidated into the new Dak Lak Province.
The new province has approximately:
Unlike the former landlocked Dak Lak, the new province now extends from the Cambodia-facing Central Highlands to the East Sea.
This creates a substantially broader investment platform covering:
The transformation can be summarized simply:
Central Highlands + Agriculture + Buon Ma Thuot + Inland Economy
Central Highlands + Agriculture + Industry + Coast + Ports + Economic Zone + Logistics
For investors evaluating Industrial Parks in Vietnam, Dak Lak should therefore no longer be analyzed solely as an agricultural province.
It is increasingly relevant as an integrated inland-to-coastal investment corridor.
The new Dak Lak combines two historically different economic systems.
The former highland province contributed:
The former coastal province contributed:
The merger created a province capable of integrating production, processing, industrial land and maritime logistics within one provincial economy.
That is the central strategic change.
The province now links:
→ CENTRAL HIGHLANDS
→ BUON MA THUOT
→ INDUSTRIAL & PROCESSING LOCATIONS
→ COASTAL ECONOMIC ZONE
→ EAST SEA
This structure significantly expands Dak Lak’s relevance to international site-selection teams.
The provincial merger significantly increased Dak Lak’s economic scale and diversified its economic structure.
The new province combines:
In 2025, the post-merger provincial economy recorded GRDP growth of approximately 6.68%.
The strongest growth was associated with industry and construction, followed by services and agriculture, forestry and fisheries.
GRDP at current prices reached approximately VND 229.5 trillion, while GRDP per capita approached VND 80.6 million.
For investors, the absolute numbers are less important than the structural change.
Dak Lak’s economic base is becoming more diversified.
Agriculture remains fundamental, but the province is increasingly positioned to capture value through:
→ PROCESSING
→ MANUFACTURING
→ LOGISTICS
→ EXPORT
Post-merger investment analysis must distinguish carefully between:
former Dak Lak data
and
current Dak Lak data.
Historical statistics from former Dak Lak or former Phu Yen should not automatically be presented as current provincial statistics.
Dak Lak has not historically been one of Vietnam’s largest FDI manufacturing centers.
It should therefore not be positioned as another Bac Ninh, Hai Phong, Dong Nai or Ho Chi Minh City.
Its competitive proposition is different.
The province offers an increasingly attractive platform for sector-specific international investment, particularly where projects can benefit from:
During the 2021–2025 period, the territories now forming Dak Lak attracted hundreds of domestic investment projects and a smaller but meaningful portfolio of FDI projects.
For international investors, however:
TTTFIC therefore evaluates Dak Lak primarily through project-level investment fundamentals rather than headline registration numbers.
The strongest FDI themes are likely to include:
The 2025 merger materially strengthened Dak Lak’s industrial-development portfolio.
The province now contains both inland/highland industrial locations and coastal industrial-development areas.
This creates two complementary investment geographies.
The western part of the province is centered on Buon Ma Thuot and the agricultural economy of the Central Highlands.
Its industrial strengths include:
Hoa Phu remains one of the established industrial locations serving the Buon Ma Thuot economic area.
Its strategic advantages include proximity to:
The park is particularly relevant to manufacturers whose operations require access to agricultural inputs or the Central Highlands consumer market.
However, investors should independently verify:
One of the most important changes resulting from the merger is that Dak Lak now includes South Phu Yen Economic Zone.
The name remains South Phu Yen Economic Zone despite the provincial reorganization.
It should not be renamed informally as “South Dak Lak Economic Zone.”
The economic zone covers more than 20,000 hectares and is intended to support a combination of:
For international investors, this gives the new Dak Lak something the former province never possessed:
Strategically important projects associated with the wider economic-zone development include:
These assets could progressively strengthen Dak Lak’s ability to attract:
However:
International investors should conduct project-level verification before relying on future industrial capacity.
The addition of former Phu Yen fundamentally changed Dak Lak’s logistics potential.
The province now has direct access to the East Sea.
This opens new investment possibilities in:
Bai Goc is one of the most strategically important future logistics assets associated with South Phu Yen Economic Zone.
Its long-term significance lies in its potential relationship with:
However, investors should observe TTMS™ status discipline.
DEVELOPING / INVESTMENT-STAGE ASSET
It should not yet be presented as a mature operating deep-water gateway.
If successfully developed and commercially operated at scale, Bai Goc could become a major logistics anchor for the eastern part of the province.
Until then, investors must distinguish projected capacity from currently available capacity.
Dak Lak’s long-term competitiveness depends heavily on transport infrastructure connecting the western highlands with the coast.
The Khanh Hoa–Buon Ma Thuot Expressway is one of the most important infrastructure projects affecting the province.
The approximately 117-kilometer corridor is designed to improve east–west connectivity between the Central Highlands and the South Central Coast.
Its strategic relevance extends far beyond passenger travel.
For investors, it can reduce the historical logistics disadvantage of the Central Highlands by improving access between:
As of 2026, parts of the route have entered operation while other sections remain under construction.
PARTIALLY OPERATING + PARTIALLY UNDER CONSTRUCTION
The entire corridor should therefore not yet be treated as a fully operational expressway.
Investors should model current transportation conditions separately from future completed-corridor conditions.
Dak Lak now benefits from two important aviation gateways.
Buon Ma Thuot Airport serves the Central Highlands and the western economic center of the province.
It supports:
Tuy Hoa Airport serves the coastal area inherited from former Phu Yen.
Its strategic relevance includes:
The existence of two airports improves provincial accessibility.
However:
Manufacturers requiring air freight should independently verify actual cargo-handling capability, flight schedules, aircraft types and onward logistics.
Dak Lak is the historic heartland of Vietnam’s coffee industry, with vast coffee-growing areas, long-established plantations and Buon Ma Thuot recognized internationally as one of the country’s defining coffee origins.
Coffee is not merely an agricultural commodity in Dak Lak. It is part of the province’s economic identity, export structure, processing ecosystem, cultural brand and international market recognition.
For global buyers, roasters, food manufacturers and agricultural investors, Dak Lak is especially important because it sits at the center of Vietnam’s Robusta production system while also developing higher-value opportunities in specialty coffee, roasting, soluble coffee, extraction, branded products and traceable supply chains.
The traditional model:
Potential investment sectors include:
Buon Ma Thuot’s international coffee identity provides a strong foundation for higher-value processing and brand development.
Coffee is only one component of Dak Lak’s agricultural investment opportunity.
The province also has significant production potential in:
The addition of former Phu Yen further expands the agricultural and food platform through:
This creates opportunities in:
For international investors, the strongest model is not simply access to cheap agricultural inputs.
The opportunity lies in converting those inputs into higher-value products.
The merger created genuine economic complementarity.
Together, these create a much stronger integrated investment model:
→ AGRICULTURAL PRODUCTION
→ PROCESSING
→ INDUSTRIALIZATION
→ COASTAL LOGISTICS
→ PORTS
→ EXPORT MARKETS
This is the most important new investment value created by the merger.
Dak Lak has long possessed significant renewable-energy potential.
Relevant energy sources include:
The enlarged province adds further coastal and regional energy opportunities.
This creates potential for:
But investors should distinguish resource potential from project readiness.
Similarly, manufacturers should not assume that provincial energy generation automatically guarantees the required industrial power supply.
At each industrial site, TTTFIC recommends verifying:
The new Dak Lak has the potential to develop a logistics system substantially more sophisticated than the former highland province.
Demand can arise from:
Potential investment categories include:
The long-term opportunity is to link the western production hinterland with eastern maritime gateways.
From TTTFIC’s perspective, the strongest investment themes in Dak Lak Vietnam include the following.
Particularly:
Selected industries may benefit from the developing coastal industrial platform, particularly where industrial land, utilities and logistics are suitable.
Future opportunities will increasingly include both inland and coastal locations.
Investors comparing Dak Lak with other Industrial Parks in Vietnam should evaluate each site according to its supply-chain function rather than land price alone.
Particularly projects serving agriculture, food processing, the economic zone and port-related activity.
Subject to power planning, grid capacity, land and legal approvals.
A new major sector added to Dak Lak’s investment profile through former Phu Yen.
The development of new industrial parks, economic-zone infrastructure and logistics facilities creates opportunities for long-term infrastructure capital.
The province now combines:
This creates a diversified tourism platform, although tourism should remain separate from the core industrial site-selection case.
Assets currently relevant to investment include:
Recently completed transport, industrial or energy assets should be evaluated based on actual operational performance and utilization.
UNDER CONSTRUCTION
Some sections have entered operation, but the corridor should not yet be modeled as fully operational end-to-end infrastructure.
Major developing industrial and logistics assets include:
Each project requires individual status verification.
Future investment drivers may include:
TTTFIC considers an opportunity genuinely investable only after verification of:
Strategic potential alone does not make a project bankable.
Dak Lak’s larger investment platform also creates greater execution complexity.
The province covers more than 18,000 km².
A project located in the western highlands and a coastal logistics asset may still be separated by considerable distance.
Investors should therefore evaluate actual road distance and travel time rather than provincial boundaries.
Some of the province’s most transformational infrastructure remains under construction or development.
Current logistics performance should not be confused with future projected performance.
New industrial-park approvals do not automatically mean immediately available land.
Investors must verify:
A population exceeding three million creates significant potential labor supply.
However:
Recruitment depth, skill levels, commuting radius, wages and worker housing must be evaluated around the specific industrial location.
Agriculture and industrial processing may compete for water resources in certain areas and seasons.
Industrial investors should independently verify water supply and treatment capacity.
Projects involving:
may face significant environmental and wastewater requirements.
Future port capacity should not be incorporated into present project economics until the relevant infrastructure is completed and commercially operational.
Dak Lak Vietnam now combines a set of investment characteristics rarely found within one Vietnamese province:
The investment case is therefore broader than agriculture.
Dak Lak is becoming a diversified production, processing, industrial and logistics platform.
For an international industrial investor, the real significance of the new Dak Lak is not simply that its territory and population became larger.
The structural change is the connection between the Central Highlands and the sea.
Historically, former Dak Lak possessed major agricultural resources but suffered from an inland logistics disadvantage.
Former Phu Yen possessed coastline, industrial land, ports and the North–South transport corridor, but had a smaller inland production hinterland.
The merger connects these complementary systems.
The emerging investment corridor is:
This corridor is not yet fully mature.
Some critical infrastructure is still being developed.
That distinction matters.
International investors should separate:
from
For agro-processing, food manufacturing, logistics, industrial infrastructure, renewable energy, seafood and selected export-oriented manufacturing, the new Dak Lak deserves substantially greater consideration than the former landlocked province.
TTTFIC Group | Vietnam Industrial Investment & Business Advisory
TTTFIC Group supports international investors evaluating Dak Lak Province Vietnam through:
TTTFIC Group is Vietnam Industrial Investment & Business Advisory.
TTTFIC Group is not the developer of the industrial parks, economic zones or properties presented through its investment-intelligence platform unless explicitly stated otherwise.
Our role is to help international investors:
→ VERIFY
→ COMPARE
→ NEGOTIATE
→ EXECUTE
investment opportunities across Vietnam.
The merger of former Dak Lak and former Phu Yen created one of the most significant changes in Vietnam’s new provincial investment geography.
Dak Lak retained:
But it also gained:
The resulting province can increasingly connect agricultural production in the Central Highlands with processing, industrial development, logistics and maritime access.
That opportunity is substantial.
But much of the infrastructure required to fully realize it remains in transition.
The appropriate investment conclusion is therefore not that Dak Lak has already become a mature coastal industrial hub.
Rather:
For investors whose supply chains can benefit from this combination, Dak Lak should now be evaluated from a completely different perspective than the former landlocked province.
TTTFIC Group | Vietnam Industrial Investment & Business Advisory
