diff --git a/_vendor/modules.txt b/_vendor/modules.txt
index ca9d34f4dc..14c8c0c410 100644
--- a/_vendor/modules.txt
+++ b/_vendor/modules.txt
@@ -2,5 +2,5 @@
 # github.com/moby/buildkit v0.15.0
 # github.com/docker/buildx v0.16.0
 # github.com/docker/cli v27.0.3+incompatible
-# github.com/docker/compose/v2 v2.29.0
+# github.com/docker/compose/v2 v2.29.1
 # github.com/docker/scout-cli v1.10.0
diff --git a/content/compose/release-notes.md b/content/compose/release-notes.md
index 2508d429a2..7afa558c81 100644
--- a/content/compose/release-notes.md
+++ b/content/compose/release-notes.md
@@ -10,6 +10,20 @@ aliases:
 
 For more detailed information, see the [release notes in the Compose repo](https://github.com/docker/compose/releases/).
 
+## 2.29.1
+
+{{< release-date date="2024-07-23" >}}
+
+### Update
+
+- Dependencies upgrade: bump compose-go to v2.1.5.
+- Dependencies upgrade: bump docker engine and cli to v27.1.0.
+
+### Bug fixes and enhancements
+
+- Enhance JSON progress events with more fields.
+
+
 ## 2.29.0
 
 {{< release-date date="2024-07-17" >}}
diff --git a/go.mod b/go.mod
index 3f1357fc43..70c688f88f 100644
--- a/go.mod
+++ b/go.mod
@@ -7,7 +7,7 @@ toolchain go1.22.5
 require (
 	github.com/docker/buildx v0.16.0 // indirect
 	github.com/docker/cli v27.0.3+incompatible // indirect
-	github.com/docker/compose/v2 v2.29.0 // indirect
+	github.com/docker/compose/v2 v2.29.1 // indirect
 	github.com/docker/scout-cli v1.10.0 // indirect
 	github.com/moby/buildkit v0.15.0 // indirect
 	github.com/moby/moby v27.0.3+incompatible // indirect
diff --git a/hugo.yaml b/hugo.yaml
index f5e6e569a7..98e65cdbc9 100644
--- a/hugo.yaml
+++ b/hugo.yaml
@@ -99,7 +99,7 @@ params:
 
   latest_engine_api_version: "1.46"
   docker_ce_version: "27.1.1"
-  compose_version: "v2.29.0"
+  compose_version: "v2.29.1"
   compose_file_v3: "3.8"
   compose_file_v2: "2.4"
   buildkit_version: "0.15.0"