Vietnam

Intelligence for Better Decision Making

Vietnam Moves to Revise Land Conversion Fees Amid Rising Housing Costs
Dec. 9, 2025 | Governance & Law

Vietnam plans to revise its fee structure for converting agricultural land to residential use to address rising costs and streamline legalization.

**The draft decree would require households and individuals to pay 30 percent of the price difference between residential and agricultural land within a predetermined limit, 50 percent for any excess up to twice that limit, and 100 percent for conversions beyond twice the limit.**
This reduced rate would apply only to a household’s first conversion; subsequent requests would incur the full price difference.

**Under previous regulations, conversion fees already stood at 30 percent within the limit and 50 percent for amounts above it, aiming to facilitate affordable formalization of rural and suburban residential plots.**
The 2024 Land Law, however, eliminated these proportional reductions, obliging land users to pay the full price differential even when a dwelling had long existed on the site.

**Since the Land Law took effect, local authorities have recorded sharp increases in land prices, pushing land use fees to levels that many families find prohibitive.**
As a result, households face mounting barriers to legalizing residential land amid sustained housing demand. To address this social welfare challenge, the Ministry of Finance intends to submit the draft resolution for government approval in September 2025, with the preferential fee policy set to expire on February 28, 2027.

**Deputy Prime Minister Trần Hồng Hà has called for amendments that ensure fair and transparent fee regulations.**
He urged clear justifications for levies and reductions, a precise delineation of responsibilities between the State and enterprises in collecting fees, and measures to prevent wasteful land use during the regulatory transition.
Storms and Floods Trigger Emergency Water Release and Recovery Efforts in Vietnam
Dec. 9, 2025 | Food & Water

Severe storms and subsequent flooding in Vietnam have prompted large-scale water releases, widespread damage, and coordinated relief and recovery efforts.

**Tri An Hydropower Company announced on December 8 that it will release floodwater over its spillway for the third time this year in response to increased upstream inflow.**
With the reservoir’s inflow averaging 1,040 m³/s and projected to rise further over the next one to two days, the company will begin discharging water at 14:00 on December 8. This release will send 160 m³/s through the spillway and an additional 340–600 m³/s through power-generating turbines, producing a total downstream flow of 500–760 m³/s. Civil Defense Committees and local authorities have been notified, and downstream residents have been advised to take preventive measures. Tri An Reservoir, which covers 323 km² on the Đồng Nai River, is the largest hydropower reservoir in Southern Vietnam and also supports domestic water supply, agricultural irrigation, saltwater intrusion prevention, and flood control downstream.

**Residents of Nha Trang in Khánh Hòa Province endured four consecutive flood events over a 15-day period beginning November 18, with water levels exceeding historical records.**
Homes, businesses, and farms faced repeated inundation, placing significant physical and financial strain on families. One household reported major losses of property and merchandise after each surge, depleting its resources, while another resident suffered nearly 300 million VND in damage to equipment and crops. Stagnant floodwaters mixed with accumulated waste created unsanitary conditions, foul odors, and heightened public health concerns. The mid-November floods claimed 22 lives, damaged over 1,000 houses, and inflicted total economic losses estimated at more than 5,000 billion VND in Khánh Hòa Province.

**In response to these damages, the Khánh Hòa provincial government introduced targeted support measures: 60 million VND for fully collapsed homes, 30 million VND for partially damaged homes, 1 million VND per person for living expenses, and 500,000 VND per student for educational supplies.**
State aid has been complemented by social organizations and charities distributing food, clothing, and essential items to affected families.

**Financial relief efforts by the Vietnam Bank for Social Policies (VBSP) in Khánh Hòa and Gia Lai have followed Prime Minister’s Decision No 2553 (November 21, 2025) and Resolution No 380/NQ-CP.**
From October 1 to December 31, 2025, VBSP reduced interest rates by 2% for policy credit borrowers, benefiting over 195,000 customers with more than 252,000 loan accounts in Khánh Hòa. Officials identified 10,760 households with outstanding debts exceeding 368.4 billion VND as affected and processed new loan requests from over 14,400 households totaling around 720 billion VND for agricultural recovery. VBSP allocated 120 billion VND in priority funds and disbursed more than 100 billion VND to 1,650 customers. In Gia Lai, damage to acacia plantations led to interest rate reductions, coordinated damage assessments, and plans for further debt classification and new lending. VBSP transaction offices are prioritizing severely impacted areas, guiding borrowers on production restoration, and enforcing debt rescheduling and classification policies to alleviate financial pressure and facilitate recovery.

Monitored Intelligence for Vietnam - Dec. 10, 2025


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Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.

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Sau vụ cựu lãnh đạo bị khởi tố, Bamboo Capital dự định thua lỗ đến năm 2027

After Former Executive Indicted, Bamboo Capital Plans Losses Until 2027

Dantri | Local Language | News | Dec. 10, 2025 | Corporate Corruption or Fraud

Bamboo Capital Group (BCG) is undergoing significant restructuring after a challenging period marked by the indictment of its former leader, Mr. Nguyễn Hồ Nam, in March 2025. The company reported severe disruptions in transactions with financial institutions, investors, and customers throughout 2024 and early 2025, leading to substantial financial pressure and delays in project progress, capital mobilization, and debt recovery.

Management estimates a loss exceeding VND 7,530 billion on separate audited financial statements for 2024, and around VND 8,400 billion on consolidated audited statements, a stark contrast to the VND 845 billion after-tax profit previously reported on self-prepared statements. Bamboo Capital has not yet published its official audited financial results for 2024.

The company aims to recover in two phases through 2030, expecting to return to profitability by 2028. Established in 2011, Bamboo Capital operates in diverse sectors including renewable energy, real estate, infrastructure, manufacturing, financial services, and pharmaceuticals.

Following Mr. Nguyễn Hồ Nam’s indictment and his resignation in mid-2024, Bamboo Capital underwent leadership changes, replacing four chief executives and the board chairman in 2025. These personnel changes have disrupted operations, governance, and strategic continuity, causing project delays and blocking new initiatives and resource allocation.

Xuất khẩu của Trung Quốc vào Mỹ giảm 8 tháng liên tiếp

China's exports to the US decline for 8 consecutive months

VN Express | Local Language | News | Dec. 10, 2025 | Supply Chain Issues

In November 2025, China's overall export value rose 5.9% year-on-year, surpassing analysts' expectations of 3.8%, after a 1.1% drop in October. Imports increased by 1.9%, although this growth was below forecasts. Domestic consumption remains weak due to falling housing prices and unemployment concerns.

However, China's exports to the U.S. declined sharply by 28.6% in November, marking the eighth consecutive month of double-digit declines despite a trade agreement between U.S. President Donald Trump and Chinese President Xi Jinping in late October. Imports from the U.S. also fell 19% compared to the previous year. Tariffs continue to be a significant barrier, with Chinese goods facing an average 47.5% tariff in the U.S., while U.S. goods face a 32% tariff in China.

Year to date, Chinese exports to the U.S. have dropped 18.9%, and imports from the U.S. to China have declined by 13.2%. Nevertheless, China is compensating for the reduced U.S. trade by boosting exports to other regions such as Southeast Asia and the European Union, with 8% and 15% increases respectively in November. For the first 11 months of 2025, China's total exports grew 5.4% year-on-year, with imports down 0.6%, pushing the trade surplus to $1.076 billion.

Triệt phá tổ chức lừa đảo trực tuyến tại Đông Nam Á từ sáng kiến 'Phá vỡ chuỗi'

Crackdown on Online Fraud Organization in Southeast Asia from the Break the Chain Initiative

Bao Dien Tu | Local Language | News | Dec. 10, 2025 | Corporate Corruption or Fraud

The Korean National Police Agency, in coordination with Cambodian and Thai authorities, dismantled two major online fraud organizations targeting South Korean citizens, arresting 28 suspects, including the leaders. This successful operation is the first significant outcome of the "Breaking Chains" initiative, a global cooperation effort led by South Korea to combat transnational criminal networks involved in online fraud and investigative agency impersonation. The initiative involves real-time intelligence sharing and joint operations among 16 countries, supported by Interpol, ASEANAPOL, and the UNODC.

In Thailand, police dismantled a phone-based financial fraud group that impersonated investigative agencies to extort nearly 100 million won from mainly female victims, who were coerced into sending nude videos under false pretenses. Korean police, working with their Thai counterparts and the Seoul Financial Crimes Investigation Division, monitored the group from October and coordinated a raid in central Bangkok that resulted in 14 arrests while the perpetrators were actively committing crimes.

In Cambodia, nine suspects were arrested, including seven South Korean and two Cambodian citizens, for operating an online romance scam ring. Authorities seized numerous electronic devices during a raid on a villa in Phnom Penh believed to be the group's operational hub. The suspects admitted to targeting victims overseas, and investigations are ongoing with forensic examinations of the seized equipment. Cambodian officials highlighted the arrests as evidence of close collaboration with South Korea and reaffirmed Cambodia's commitment to combating cybercrime.

These coordinated cross-border efforts underscore a growing regional commitment to dismantling online fraud networks, with further measures and task forces proposed to enhance international collaboration against cybercrime.

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