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Intelligence for Better Decision Making
Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.
The goal is to provide intelligence that allows decision makers to avoid being blindsided by what they may have missed, while informing them to make better decisions as well.
Erudite Risk also includes operations categories so you can monitor the environment for better decision making. Everything is tied together--what happens in risk affects operations and what happens in the market impacts risk profiles.
We categorize key intelligence into one of 30 different operations intelligence categories.
Different roles and functions within the organization can monitor different key issue areas. HR may monitor employment, wages, regulations, labor and management relations, etc., while P&L leaders may monitor overall developing trends.
Bất động sản Trung Quốc dò chưa đến đáy
Chinese Real Estate Has Not Yet Hit Bottom
VN Express | Local Language | News | Dec. 5, 2025 | UndeterminedReal Estate
Sales of the top 100 Chinese property developers dropped 36% in November 2025 compared to the same period in 2024, with home sales for the first 11 months falling 19%. Secondary home prices in 100 surveyed cities decreased 7.95% in November, worsening from October, driven by high home inventories and weak buyer demand. Analysts from Goldman Sachs, Morgan Stanley, and Daiwa Capital Markets warn of ongoing deterioration in the real estate market, predicting that the current slump may persist into spring 2026.
China Vanke, a major real estate firm, requested a one-year payment deferral on bonds due in December 2025, prompting concerns about liquidity and potential widespread sector restructuring. Authorities required Vanke to provide collateral for loans totaling around 20 billion renminbi, and S&P Global downgraded its long-term credit rating to "CCC-", citing high restructuring risks within six months.
The real estate downturn follows five years of decline since the introduction of the "three red lines" borrowing restrictions, with government stimulus measures, including a 300 billion renminbi fund to purchase unsold apartments, proving insufficient. The stock of completed but unsold housing increased to 762 million square meters by August 2025, creating downward pressure on prices and resulting in a negative feedback loop of falling prices and cash flow problems for developers.
To counter this, experts recommend subsidizing mortgage interest rates to stimulate sales, with Morgan Stanley suggesting a 1 percentage point rate cut in Q2 2026 to aid market recovery. The Economist Intelligence Unit forecasts that effective limits on land supply and reduced apartment inventories could help home prices stabilize and hit bottom by the first half of 2027.
Đề xuất quy định mới về Giấy chứng nhận đủ điều kiện sản xuất, lắp ráp ô tô
Proposal for New Regulations on the Certificate of Eligibility for Automobile Manufacturing and Assembly
Bao Dien Tu | Local Language | News | Dec. 5, 2025 | Regulation
The Ministry of Industry and Trade has proposed new regulations to amend Decree No. 116/2017/ND-CP, which governs conditions for automobile manufacturing, assembly, importation, and warranty services in Vietnam. After seven years of implementation, the Ministry identified several issues requiring updates, including the non-application of business conditions to manufacturers focused solely on exports and the need to standardize and simplify forms related to the Certificate of Eligibility for automobile manufacturing and assembly. The proposal also includes changes reflecting organizational restructuring by replacing certain governmental unit names.
The draft decree consists of three articles aimed at amending, supplementing, and replacing specific articles and forms in the original Decree No. 116/2017/ND-CP. Notably, it standardizes the use of a single form for the Certificate of Eligibility across issuance, replacement, and re-issuance processes, and underscores that inspections and on-site assessments must be formally recorded.
The proposed procedure for issuing the Certificate of Eligibility involves enterprises submitting dossiers to the Ministry of Industry and Trade, which must either request additional information within five working days if incomplete or notify the enterprise to prepare for inspection within the same timeframe if complete. The inspection must occur within 15 working days, and results will determine whether the Certificate is granted or declined, with written reasons provided for refusals. Certificates can be received directly at the Ministry or through postal or other means. The Ministry is currently seeking public feedback on this draft via its electronic information portal.
Social-housing buyers should be priority in new policies: experts
Vietnam Net - E | English | News | Dec. 5, 2025 | UndeterminedPolitical Policy Resistance
The social housing market in Vietnam faces critical challenges as prices rise sharply, pushing homeownership beyond the reach of low-income workers, particularly migrants in cities like Ho Chi Minh City. Increasing costs for rent and utilities have strained workers’ finances, making it difficult to save for a home despite strong demand. The Vietnam Social Housing Report 2023 indicates that home prices are about 20 times higher than average annual income per capita, with an estimated demand shortfall of over 1 million units, or 51 percent of total need, by 2030.
Current social housing policies exhibit significant limitations as procedures for land preparation, project designation, and investor selection are prolonged and inconsistent across localities. Developers face high input costs, complex investment procedures, and unstable financing options, compounded by low-profit margins enforced by price ceilings. The lack of clear eligibility verification for informal workers further complicates access to social housing.
Experts propose several solutions to address these issues, including preparing cleared land with preferential land-use coefficients and introducing supplementary development rights in height-restricted areas to enhance flexibility and reduce state budget pressure. They also recommend government-backed preferential credit packages for developers and buyers, encouraging social bonds to finance projects, and creating streamlined, transparent one-stop mechanisms for legal and administrative procedures in social housing development.
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