Hasfarm acquires 100 hectares of land in Vietnam

Hasfarm is expanding its flower production capacity significantly with the acquisition of three farms, covering a total of 100 hectares in Lam Dong, Vietnam. As demand for Hasfarm’s flowers continues to grow across the Asia-Pacific, the additional land will enable the company to increase production and serve its growing customer base in these markets.

After an extensive search for suitable land, Hasfarm signed a purchase agreement for the three properties on September 4, 2026. The acquisition is an important step for the company, as available land for greenhouse development around its existing operations has become increasingly limited.

© Dalat Hasfarm

One of the newly acquired farms, covering 47 hectares, is located just ten minutes from Hasfarm’s existing farm in Lam Ha. The other two properties are located in Di Linh. At elevations of around 1,000 metres, the farms offer growing conditions comparable to Hasfarm’s established operations in Daron and Lam Ha.

Initial estimates suggest that approximately 65 hectares of the newly acquired land could be developed into greenhouses. This would increase Hasfarm’s future production capacity by an estimated 30%.

© Dalat Hasfarm

The company is currently working with local authorities to secure the necessary licenses and construction approvals. If the process stays on track, the first flowers from the new farms are expected to be harvested in the fourth quarter of 2027. The expansion opens up exciting new possibilities for Hasfarm’s long-term growth strategy and its ambition to color the world with high-quality Vietnamese-grown flowers.