Ho Chi Minh City Plans Tenders for Six Land Plots Covering About 445 Hectares

Ho Chi Minh City plans to hold tenders in 2026–2027 to select investors for land-based investment projects on six plots totaling about 444.68 hectares. On October 30, 2026, the city’s People’s Council adopted Resolution No. 124/NQ-HĐND, adding the plots to its first list of sites for tender in 2026. The city’s People’s Committee subsequently issued a directive to implement the resolution.

Three of the plots are an approximately 75-hectare site in the An Sơn II urban development area, an approximately 60.3-hectare site within the adjusted planning area for the Bắc Vũng Tàu urban area, and an approximately 22.47-hectare site for a new residential area.

File photo.（VietVance）

Of the remaining three plots, sites for the Bàu Bàng 1 and Bàu Bàng 2 solar power plants cover 186 hectares and 100 hectares, respectively. The other is an approximately 0.9075-hectare site for a private school serving multiple grade levels. These three plots fall under Point b, Clause 1, Article 126 of Vietnam’s 2024 Land Law.

The city’s People’s Committee has instructed the Department of Finance to lead the preparation of a detailed implementation plan with relevant departments and local authorities and submit it before November 25, 2026. Under the plan, the tender process for each plot will take 180 days. Relevant authorities must also review and manage the land, handle plots subject to state land recovery in accordance with the law, and determine the number of interested investors and organize tenders in compliance with land, bidding and investment regulations.

Source: VietVance