Vietnam

Bộ Chính trị: “Phát triển nhà ở thương mại giá phù hợp thu nhập người dân”

Dantri | Local Language | News | Dec. 11, 2025 | UndeterminedReal Estate

The Politburo, through the Standing Committee of the Secretariat, Trần Cẩm Tú, issued a conclusion on the continued implementation of Resolution No. 06 regarding urban planning, construction, management, and sustainable development in Vietnam until 2030, with a vision toward 2045. After over three years, despite positive changes in urban development management, the Politburo identified remaining limitations and called for renewed thinking and consistency in urban planning efforts. Emphasis was placed on promoting commercial housing priced suitably to match people’s incomes.

Local authorities are instructed to urgently review and adjust urban and rural master plans, integrating them with socio-economic development, national defense, security, and environmental protection. The Politburo advocates for expanding green, ecological urban models, such as “village within the city — city within the village,” and emphasizes strict discipline to prevent parochial interests from influencing planning. Delayed infrastructure projects must be expedited and issues of “suspended planning” addressed decisively.

By 2026, the Politburo requires the completion and supplementation of legal frameworks surrounding urban and rural planning, covering management, investment, construction, infrastructure, and public space. Moreover, all levels of government and party organizations must continue implementing the National Housing Development Strategy, aiming to build 1 million social housing units by 2030 and expanding eligibility for social housing purchase or rental. The Politburo encourages economic sector participation and calls for mechanisms to support the development of commercial housing and worker housing in industrial zones, with strict sanctions for developers failing to invest adequately in supporting infrastructure.

The Politburo highlights the importance of managing urban development through science, technology, innovation, and digital transformation, promoting smart cities and digital government initiatives. A comprehensive program to address air pollution, drinking water quality, and wastewater management in major cities, particularly Hanoi and Ho Chi Minh City, is also required. Additionally, the Ministry of Finance underscores the need to enhance urban authorities’ responsiveness to natural disasters and emergencies. Efforts should also focus on developing Hanoi and Ho Chi Minh City into globally civilized cities, suitable for current and future challenges.

Ngân hàng đồng loạt tăng kịch trần lãi suất tiền gửi kỳ hạn ngắn

Dantri | Local Language | News | Dec. 11, 2025 | UndeterminedFinancial System Problems

At the start of December 2025, numerous commercial banks raised short-term savings interest rates (under 6 months) to the regulatory ceiling of 4.75% per year, continuing a trend of rate hikes that began in September. This move aims to attract capital amid mounting liquidity pressures as the year ends. Several banks, including Sacombank, Ban Viet Commercial Bank, Orient Commercial Bank, National Citizen Bank, and Nam A Bank, have increased rates to the maximum allowed for short-term deposits, while some also offer attractive rates of around 6% per year for longer-term deposits.

The rate increases are widespread across joint-stock commercial banks and reflect intensified competition to mobilize funds. Earlier in November, institutions like VIB, MBBank, and ABBANK also had adjusted their interest rates to the ceiling for terms from one to five months, signaling an active race to attract deposits in the fourth quarter. The primary driver is the banks’ need to meet rising capital demands at year-end and close the gap between deposit growth and lending.

Liquidity pressures this year are significantly higher compared to previous years due to several factors. These include a persistent mismatch between credit growth and deposit mobilization, with credit demand rising sharply and creating a gap of up to 3%. Public investment disbursement pressures have spread beyond state-owned banks to joint-stock banks, and there is added pressure from exchange rate fluctuations. Credit growth reached 15% in October 2025 and is expected to hit 18–20% by year-end, surpassing the State Bank of Vietnam’s target of 16%. Banks are therefore compelled to increase deposit rates, even at higher capital costs, to maintain funding levels aligned with credit disbursement.

On November 1, 2024, the Governor of the State Bank of Vietnam issued Decision No. 2411/QĐ-NHNN, enforcing maximum interest rates on VND deposits effective November 20, 2024. This regulation caps interest rates for deposits under six months at 4.75% per year, while demand deposits remain at 0.5%. People's Credit Funds and microfinance organizations are permitted to offer higher rates up to 5.25% per year. These regulatory limits have shaped the current rise in short-term deposit rates to the ceiling among commercial banks.

Cần kiểm soát chặt 4 nguồn thải lớn để cải thiện chất lượng không khí

Bao Dien Tu | Local Language | News | Dec. 11, 2025 | Pollution

Hanoi has ranked among the top 10 most air-polluted cities worldwide since the start of winter, primarily due to cold, dry air, temperature inversions, and intense urban activity leading to the accumulation of PM2.5 fine particulate matter. According to the Department of Environment, four major sources contribute to urban air pollution: traffic, construction, industrial and craft production, and domestic burning activities. Construction and industrial production are major emission sources, especially during winter when weather conditions inhibit pollutant dispersion.

Industry accounts for approximately 29% of emissions causing pollution, with construction activities directly generating PM2.5 dust and road dust. Experts stress that controlling emissions from construction and production is essential for air quality improvement. Suggested measures include tailored short-, medium-, and long-term solutions for each source, such as low-emission zones and clean-energy vehicle promotion for traffic. For construction and industry, establishing a comprehensive industrial emissions inventory integrated with national data is recommended to identify high-risk sectors and areas for targeted interventions.

Mandatory 24/7 automatic emissions monitoring at large facilities like thermal power plants and cement plants is emphasized, with transparent, continuous data sharing to facilitate early warnings and inspections. Energy transition from coal to renewable sources and energy-saving technologies is proposed, particularly in the Red River Delta and Southeast regions. Relocating noncompliant facilities away from residential zones in line with environmental zoning plans is also advised.

Drone technology is being deployed to monitor dust and emissions from construction sites and pollution hotspots, enabling continuous, wide-ranging surveillance and rapid violation detection. The Department of Environment collaborates with the National Remote Sensing Center to monitor straw burning and dust spread in Hanoi, with results forwarded to authorities and publicized. Alongside fixed monitoring stations, mobile monitoring tools provide accurate measurements to support twice-daily pollution forecasts.

To support pollution control, investments in vacuum trucks, road washing vehicles, and enhanced street cleaning during high-pollution months (October to April) are encouraged. New technologies such as mobile vehicle cleaning systems, misting to reduce dust at construction sites, and recycling construction waste for reuse are being proposed for pilot projects to further mitigate emissions and improve urban air quality.