Surging gold prices have made Tran Nhan Tong Street, the capital city’s “gold street”, abuzz with activity. Alongside the bustling gold and jewelry trade, property prices on the street have soared, surpassing VND1 billion per sqm.

Under a draft land-price framework proposed by Hanoi from 2026, several streets in the former Hoan Kiem district, the central area of the city, are expected to reach a record rate of more than VND702 million per sqm.

Once dubbed 'guesthouse street', Tran Duy Hung now becomes one of Hanoi's priciest streets. Real estate prices at prime spots hit VND1 billion/sqm.

The city will collect over 27,000 data points to prepare its first-ever official land price list post-provincial merger, effective January 1, 2026.

Experts warn speculative values are being legitimized in land tables, pushing housing out of reach.

When revising the Land Law—a law affecting millions of people and hundreds of billions of dollars in investment—the first question isn’t which articles or clauses to amend. The broader question is: What is the ultimate goal of the Land Law?

Regarding land-use conversion (from gardens and ponds to residential land), experts believe that fees should be flexible, not fixed at a single rate. A one-size-fits-all approach is impractical, they say.

Many agricultural and forestry enterprises in Dak Lak are grappling with mounting debts due to impractical land-rent exemption and reduction policies.

Experts have noted that many localities are setting sky-high land prices. The problem is that official land prices are based on market prices, but market prices are unreasonably high and ‘real estate bubbles’ exist.

Surging costs for converting land use rights leave residents confused as authorities call for fairer pricing.

As localities update land price tables, the Ministry of Agriculture and Environment warns of sharp fluctuations impacting the real estate market.

Ministries join forces to fight speculation and support sustainable property growth.

Hanoi’s new land price list shows that of the five suburban districts which are going to become urban districts, Thanh Tri is the area with sharpest land price increases, reaching VND117 million per sq m.