So I tried to recreate and provoke any problems with the IP addresses on a test 
LPAR that has in between 5 OSA based qeth devices (4 of them with two addresses 
- one on base, one on the vlan device) and 4 RoCE (v1) ports.
Other than finding out that one of the RoCE ports has probably no link (which 
is a different issue) everything worked fine so far.

And the journal log you provided (thx for that) only shows that the 
enP53p0s0.171 is not activated (at least for ipv6) after the second systemd 
network-service start:
...
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd[1]: Starting Network 
Service...
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
encdb0.160: Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
encdc0.150: Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP50s3832.170: Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP53p0s0.171: Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP53p0s0: Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP50s3832: Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: ence0f: 
Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: encdc0: 
Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: encdb0: 
Gained IPv6LL
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
Enumeration completed
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd[1]: Started Network Service.
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
encdb0.160: IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
encdc0.150: IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP50s3832.170: IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP53p0s0: IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: 
enP50s3832: IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: ence0f: 
IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: encdc0: 
IPv6 successfully enabled
Jun 07 13:04:05 ilabg13.tuc.stglabs.ibm.com systemd-networkd[2097602]: encdb0: 
IPv6 successfully enabled
...
On the first the seems to be some activity.

Unfortunately there are not enough details (in the regular journal log) to dig 
deeper into this - the above snippet is largely it.
Would it be possible to enable verbose journaling 'journalctl -o verbose' 
hoping that we are then able to find more details - not sure what it will bring 
on top (or if this is not sufficient maybe even running systemd in debug mode).

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https://bugs.launchpad.net/bugs/1929657

Title:
  [Ubuntu 20.4.2]  vLan not getting static IP assigned (on s390x)

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