Draft of 2026 Amended Land Law

The Ministry of Agriculture and Environment is currently seeking comments on the first draft of the 2026 Amended Land Law which proposes adjustments to approximately 65 articles of the 2024 Land Law. If approved by the National Assembly in Q4/2026, the Law is expected to take effect on March 1, 2027. The content focuses on adjusting regulations regarding planning, land revoke, compensation, resettlement support, and state management of land to align with the new local government model.

Comment: The first draft of the 2026 Amended Land Law primarily summarizes and synchronizes the amendments and additions in the Decrees and Resolutions on resolving obstacles in the implementation of the 2024 Land Law, which were issued earlier and took effect from the beginning of 2026. The draft aims to accelerate the compensation and land clearance process and project implementation progress, increase transparency in compensation costs, and promote public investment projects under the BT (Build-Transfer) model, thereby increasing supply to the market. Real estate companies with strong financial status, participating in BT projects and/or having projects with incomplete compensation are expected to benefit, such as VHM, KDH, and VPI. Meanwhile, businesses with weak financial situations and lacking the capacity to implement projects will be affected due to increased land costs.