The amended Land Law was recently approved by the National Assembly (NA), containing a number of new and outstanding points that are expected to remove existing obstacles, difficulties, and inadequacies, and contribute to improving the effectiveness and efficiency of land management and use, for land resources to fully serve the country’s socio-economic development. In order for the Law to be impactful immediately after taking effect, the government and relevant ministries and branches should urgently develop and introduce detailed regulatory documents and guide the transition under regulations, to ensure the legitimate rights and interests of the State, the people, and businesses. The Land Law is a major legislative project, with special meaning and importance for the country’s political, socio-economic, national defense and security, and environmental protection endeavors, and has a profound impact on all walks of life and the business community. It is also, however, a very difficult and complex topic.