Dalat Hasfarm has signed an agreement to acquire three land parcels totalling 100 hectares in Vietnam’s Lâm Đồng province, extending its development pipeline for commercial flower production. The agreement was signed on 4 September 2026 and announced by the company on 16 September.
One parcel covers 47 hectares and is about ten minutes from the company’s existing Lâm Hà farm. The other two are in Di Linh. The sites are at approximately 1,000 metres elevation, according to the flower producer.
The signed purchase agreement establishes a concrete land-expansion step, but does not mean 100 hectares of new greenhouses have been built or begun production. The current owner announcement does not establish a completed land-transfer date or a construction start.
New sites intended to extend Asian flower supply
Hasfarm says additional land near its existing operations has become difficult to secure. The new sites would create room for growth in its cut-flower and related horticulture businesses serving Vietnam and other Asia-Pacific markets. Its plans should be read as a prospective increase in productive capacity, not as an existing inventory of greenhouse acreage.
The company estimates that development of the additional land could increase future flower-production capacity by around 30%. That is its projection, contingent on the development programme, not a measured output gain. It expects the first harvests in the fourth quarter of 2027 if preparations and implementation remain on schedule.
Implications for greenhouse development
The step potentially creates future demand for horticultural construction, growing systems, infrastructure and local logistics. But a land agreement alone does not confirm purchase completion, the final built-greenhouse footprint, capital expenditure, tender awards or operating capacity. These remain distinct decisions that would need additional announcements.
Hasfarm already runs commercial flower production and distribution in the Đà Lạt region. The new land is intended to support long-term production and sales growth, while the proposed 2027 harvest timetable provides a milestone for suppliers and customers to monitor.
Key takeaways
- Hasfarm signed a purchase agreement on 4 September for three Lâm Đồng parcels totalling 100 hectares.
- The company forecasts approximately 30% greater future flower capacity, contingent on developing the new properties.
- First harvests are targeted for Q4 2027; completed greenhouse construction and operating area are not yet confirmed.
Featured and inline photographs: original visuals supplied in Dalat Hasfarm’s announcement.
