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The reason why land compensation may
increase sharply from 2026. 

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Based on point E about 1 Article 160 of
the 2024 Land Law, compensation when the 

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state reclaims land will be calculated
based on specific land prices. 

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Accordingly, based on Article 30 of
Decree 71 of 2024, specific land 

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valuation is carried out based on
Article 158 of the 2024 Land Law and 

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Articles 4, 5, 6 and 7 of
Decree 71 on 2024. 

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Results of synthesizing and analyzing
information on market land prices and 

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factors affecting land prices. 

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Specifically, at point D, about 6,
Article 158 of the 2024 Land Law, 

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stipulates the method of land price
adjustment coefficient applied for valuation, 

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specifically calculate compensation when
the state reclaims land for cases of 

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reclaiming many adjacent plots of land, 

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have the same purpose of use and have
had land prices regulated in the land 

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price list without meeting the
conditions for applying the comparison method. 

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In about 5 articles 7 of Decree 71 of
2024, specific land prices are 

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determined by the method of land price
adjustment coefficient calculated as follows. 

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The land price of the land plot to be
valued is 1m2, equal to the land price 

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in the land price list of the land plot
to be valued by multiplying the land price adjustment coefficient. 

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In particular, the land price of the
land price list will be built according 

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to area, location and the People's
Council's Submitter will provide the 

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first land price list decision to be
announced and applied from January 1, 2026. 

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Every year, the Provincial People's
Committee is responsible for submitting 

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to the Provincial People's Council a
decision to adjust, amend, and 

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supplement the land price list for
promulgation and application from 

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January 1 of the following year. 

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The adjustment of the land price list
will be close to the market land price 

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where the land compensation price is
calculated according to a specific land 

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price, including the land price
adjustment coefficient method 

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implemented according to the land price list. 

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Therefore, from January 1, 2026,
depending on the area where the market 

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land price will affect the land
compensation price, the compensation 

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price may be higher, 

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for the entire lease term, the land
price for calculating land rent will be 

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the specific land price decided by the
People's Committee at the competent 

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level right at the time of approval.