This research aims to investigate small farm households' coping strategies for the sustainable livelihoods after their agricultural land was converted for the industrial zone establishment in Vietnam. The survey data from forty farm households with different state of agricultural land conversion reveal that those farm households encountered many difficulties in their livelihoods after the loss of land since agricultural land was their key livelihood asset. Various coping strategies were applied by the farm households to overcome the difficulties. Of those, more diversification of income generation activities, reduced animal raising scale, more efficient use of available financial resource, and increased investment for training and education for young members were found to be the major coping strategies of the most farm households.