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Learn moreVietnam: New land law effective 2025
National Assembly on 18 January 2024 passed the new land law
The National Assembly on 18 January 2024 passed the new land law, which will become effective 1 January 2025.
The new law includes changes regarding:
- Land valuation methodology
- Combined land classifications and usage
- Conversion of land rental payment terms from lump-sum to annual payment
- Bidding structure
- Definition of “economic organizations with foreign capital”
- Site clearance
- Social housing
Read a February 2024 report [PDF 212 KB] prepared by the KPMG member firm in Vietnam
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