The capital is needed for concrete embankments and to help endangered residents move to resettlement areas.
According to the provincial Flood and Storm Prevention Steering Committee, the province now has a total of 18 landslide areas.
It said that 3,500 families faced the risk of losing their homes or were seriously affected by landslides.
The department is also proposing to increase financial support from VND20 million ($950) to VND50 million ($2,380) for each household in endangered areas.