The new land price list in Ho Chi Minh City, as per Decision 79/2024 (amending and supplementing Decision 02/2020 of the People's Committee of Ho Chi Minh City), took effect from October 31, 2024, to December 31, 2025. In a rush to take advantage of the old land prices, many citizens attempted to submit their applications for land-use purpose conversion. However, despite their best efforts, the new land price list was applied, leaving them with no choice but to withdraw their applications.