Vietnam

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Vietnam Advances Toward Comprehensive National AI Strategy and Legal Framework
Dec. 4, 2025 | Technology & Innovation

Vietnam plans to establish comprehensive legal and strategic frameworks to treat artificial intelligence as critical national infrastructure.

**At the VinFuture Science and Technology Week on December 2, 2025, Deputy Minister of Science and Technology Bùi Thế Duy announced that Vietnam will update its national AI strategy and enact an AI law by year’s end.**
He said the government will elevate AI to the same level as electricity and telecommunications to strengthen socio-economic development and national security. The plan includes building a national AI supercomputing center and creating an open data ecosystem to drive rapid, autonomous AI advancements.

**To support these infrastructure upgrades, the government will adopt an open development philosophy that emphasizes open standards, open data, and open source code to ensure transparency and safety.**
State agencies will lead the rollout of AI applications across central ministries and local governments to stimulate market growth. Meanwhile, the National Technology Innovation Fund will allocate 30 to 40 percent of its resources to AI projects, including targeted support for small and medium-sized enterprises to build a competitive domestic AI sector.

**Beyond infrastructure and funding, Vietnam intends to shift from merely applying AI to fully transforming governance and production processes around AI capabilities.**
The strategy leverages the country’s young workforce, extensive data resources, and dynamic startup ecosystem. Policymakers will follow the principle of “fast, safe, humane” to maintain human oversight in all critical AI-driven decisions.

**In parallel, the forthcoming national AI strategy, AI law, and code of ethics will use a risk-based management model that prioritizes transparency, accountability, domestic technology development, sustainable growth, and digital sovereignty.**
Bùi Thế Duy said Vietnam will balance global integration with local autonomy, align technological innovation with practical applications, and strengthen institutions, infrastructure, human resources, and an AI culture as the four pillars of long-term progress.

**Internationally, experts at the symposium examined AI’s potential and risks.**
Geoffrey Hinton predicted that AI could exceed human intelligence within about two decades and urged policies that align AI behavior with human values. Yoshua Bengio warned of unpredictable AI behaviors and potential emotional dependency, calling for collaborative policy, scientific, and societal measures to prioritize safety. Vinton Gray Cerf compared AI’s growth to the Internet’s evolution, stressing that connectivity, openness, digital trust, and accountability will be essential to prevent AI-driven misinformation and social disruption.

**Attendees agreed that anchoring AI development in ethics, safety, and humanistic values will ensure the technology serves humanity and supports sustainable global progress.**
Vietnam and Laos Deepen Strategic Partnership with Comprehensive High-Level Agreements
Dec. 4, 2025 | Geopolitics & Defense

Vietnam and Laos have deepened their strategic partnership through a series of high-level agreements and collaborative initiatives spanning political, defense, economic, and cultural domains.

**On December 2, 2025, Vietnam’s General Secretary Tô Lâm and his Lao counterpart and President, Thongloun Sisoulith, co-chaired a high-level inter-party meeting in Vientiane as part of Vietnam’s state visit to celebrate Laos’ 50th National Day.**
They reviewed domestic political developments, assessed achievements since their previous gatherings, and committed to deepening the “Great friendship, special solidarity, comprehensive cooperation, strategic linkage” as the strategic compass guiding bilateral relations. The leaders exchanged updates on their upcoming national party congresses and agreed to launch new mechanisms for policy consultation and coordination in regional and global forums.

**They emphasized defense and security cooperation as a core pillar of their partnership.**
Vietnam pledged support for Laos in strengthening its defense capabilities, border management, law enforcement, and efforts to counter security threats such as terrorism, cybercrime, and transnational crime. The two countries continued their joint search and repatriation of remains of Vietnamese volunteer soldiers in Laos and discussed trilateral coordination with Cambodia to establish a strategic development framework that reinforces regional stability and long-term planning among the three nations.

**Both governments identified economic, trade, and investment cooperation as a strategic breakthrough.**
They set a near-term goal of raising bilateral trade turnover to US$5 billion, with an eventual target of US$10 billion. To achieve this, they agreed to accelerate construction of the Hanoi–Vientiane expressway, develop the Laos–Vietnam International Port, and support the Vietnam–Laos Industrial Zone, as well as advance cross-border activities along the East–West Economic Corridor. They committed to resolving administrative and logistical obstacles, enhancing connectivity, and improving the investment climate to facilitate Vietnamese enterprises in Laos and Lao investors in Vietnam.

**The two governments signed multiple memoranda of understanding and cooperation agreements across economy, banking and finance, tourism, energy, telecommunications, science and technology, culture, education, health, and labor.**
In human resource development, Vietnam will continue offering annual scholarships to roughly 400 Lao students in medicine and pharmacy and will host free training courses at Vietnamese institutions. They agreed to promote cultural exchanges such as Vietnam Film Week in Laos and joint photo exhibitions to strengthen people-to-people ties. Under the 2023 health cooperation MoU, both sides will enhance workforce training, transfer technology, coordinate border health quarantine efforts, and share epidemic response measures, including pandemic support and assistance with new hospital projects in Xiengkhouang and Hủa Phăn provinces.

**Labor and social welfare cooperation advanced through follow-up to the 9th Vietnam-Laos Labour Ministers’ Conference, focusing on capacity-building for civil servants, mobilizing resources at the local level, and improving policy frameworks to implement the Memorandum of Understanding on labor and persons with meritorious services.**
Both ministries agreed to assign clear tasks to turn leadership commitments into concrete outcomes, strengthen institutional frameworks, and share best practices.

**Internationally, Vietnam and Laos reaffirmed their coordination within ASEAN, the Greater Mekong Subregion, and United Nations mechanisms to uphold regional peace, security, and sustainable development.**
They pledged to collaborate on South China Sea issues in accordance with the 1982 United Nations Convention on the Law of the Sea and to enhance policy consultation and information sharing in regional and global forums. General Secretary Tô Lâm extended an official invitation to General Secretary Thongloun Sisoulith for a reciprocal visit to Vietnam, signaling ongoing high-level exchanges and continued reinforcement of their strategic partnership.

Monitored Intelligence for Vietnam - Dec. 5, 2025


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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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