# Vietnam land auction policy adjustments

> Live situation record from CLSTR: https://clstr.news/situations/vietnam-land-auction-policy-adjustments
> Updated: 2026-08-07T04:19:36.000Z. Sources: 6. Developments: 2.

In late July 2026, Hanoi’s People’s Committee cancelled a $60 million land auction for a 5‑star hotel after the winning bidder failed to pay the full amount, revoking the project’s approval and directing the firm to settle with tax and finance authorities.

A week later, local governments in Nha Trang and Ho Chi Minh City announced revisions to land valuation and auction plans. Nha Trang sought specific compensation prices for several development projects, while Ho Chi Minh City amended its auction schedule for eight parcels in the Thủ Thiêm urban area, updating designations and sizes but keeping the overall framework unchanged. Together, these actions illustrate a broader tightening and recalibration of Vietnam’s land auction and valuation processes across multiple cities.

## Timeline

### 2026-08-07: Vietnam cities revise land valuation and auction plans

Vietnam's Nha Trang and Ho Chi Minh City committees approved specific land prices for several projects and amended the auction plan for eight parcels in Thủ Thiêm, respectively.

4 sources. https://clstr.news/cluster/vietnam-cities-revise-land-valuation-and-auction-plans

### 2026-07-31: Hanoi cancels $1.4 trillion land auction for 5‑star hotel project

Hanoi has cancelled the recognition of a 3,300 m² land auction at 18 Cao Ba Quat after bidder Duyn Ha Co. Ltd failed to pay the full 1.4 trillion VND price, forfeiting its 135 billion VND deposit.

3 sources. https://clstr.news/cluster/hanoi-cancels-14-trillion-land-auction-for-5star-hotel-project

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Cite as: Vietnam land auction policy adjustments. CLSTR, https://clstr.news/situations/vietnam-land-auction-policy-adjustments