Vietnam

Đóng đèo Prenn cửa ngõ Đà Lạt 6 ngày để khắc phục sạt lở

VN Express | Local Language | News | Jan. 9, 2026 | Natural Disasters

The Lam Dong Department of Construction announced the closure of nearly 5 km of National Highway 20 across Prenn Pass for six days to carry out repairs on landslides that occurred at the end of 2025. During this period, vehicles traveling to and from Da Lat will be redirected to alternate routes via Mimosa Pass or the Sacom - Tuyen Lam pass.

Prenn Pass, measuring 7.27 km, is a crucial link connecting National Highway 20 from Southeast provinces to Da Lat. On November 4, 2025, hundreds of cubic meters of earth, rocks, and pine trees slid onto the roadway from an uphill slope, blocking the pass despite clear weather conditions. This incident followed a previous landslide occurring over two weeks earlier, which caused significant damage to the road surface, retaining wall, and guardrail, including deep cracks and subsidence.

Project Management Board No. 1 has been tasked with coordinating safety measures, including deploying lookout personnel, installing barriers and signage, and organizing traffic diversions. Additionally, traffic police and local authorities in Xuan Huong Ward are increasing patrols to ensure safety throughout the construction and repair period.

Đề xuất Kho bạc được tăng hạn mức tiền nhàn rỗi gửi ngân hàng dịp Tết

Dantri | Local Language | News | Jan. 9, 2026 | UndeterminedFinancial System Problems

On January 7, the State Treasury announced that the Ministry of Finance is drafting a Government Resolution to increase the limit on using temporarily idle State funds for term deposits at commercial banks. The Ministry of Finance has managed these idle funds according to regulations, ensuring liquidity safety and efficient budget use, while coordinating with the State Bank of Vietnam to align treasury fund placements with fiscal and monetary policy goals, supporting macroeconomic stability and growth.

Despite efforts to accelerate public investment disbursement for 2025 and beyond, some budget funds, mainly local, remain allocated but undisbursed. Concurrently, rapid credit growth and insufficient commercial bank fund-raising have pressured money market liquidity. The State Bank has taken measures to stabilize the market, while the Ministry of Finance has placed idle treasury funds near the regulatory limit of 50% for term deposits.

Market liquidity has occasionally strained, with short-term interbank rates rising to 6.5–7.5% annually, and credit institutions facing limited ability to invest in Government bonds. Temporarily idle treasury funds are assigned to specific tasks and must be fully available for spending needs. The proposed Resolution seeks to raise the deposit limit from 50% to 60% until February 28, with conditions to maintain balances within current limits by March 31.

This short-term increase may challenge the Ministry of Finance in meeting budget spending, especially for social welfare and infrastructure investment. However, it is expected to help the State Bank stabilize banking system liquidity, ease interest rate pressures, and support macroeconomic stability and growth. The Resolution also outlines responsibilities for ministries and agencies, emphasizing proactive deposit management, policy coordination, accelerated public investment disbursement, and improved State budget efficiency.

Tăng hạn mức giao dịch Mobile Money gấp 10 lần, lên 100 triệu đồng/tháng

Dantri | Local Language | News | Jan. 9, 2026 | UndeterminedFinancial System Problems

The Government has issued Decree No. 368, transitioning mobile money services from the pilot phase to an official operation with a complete legal framework. A key change is the significant increase in the transaction limit for money transfers and payments via a customer's Mobile Money account to 100 million dong per month, a tenfold rise from the previous 10 million dong limit during the pilot phase. This increase aims to expand the usage of Mobile Money beyond small transactions to better serve consumer and business needs, particularly in rural and remote areas. The new limit does not apply to merchants, facilitating greater cash flow for household businesses.

Additionally, the Decree introduces a flexible mechanism allowing customers to use an extra limit, up to an additional 100 million dong per month, for specific essential transactions such as payments on the National Public Service Portal, utility bills, tuition, hospital fees, insurance, and bank loan repayments. To manage risk, the limit for these essential transactions is capped separately at 100 million dong monthly.

Operational rules include that Mobile Money accounts must be linked to real-name telecommunications subscriptions, with only one account allowed per customer per service provider. All transactions must be conducted in Vietnamese dong. Customers can deposit or withdraw cash directly at network operators’ business points, addressing the lack of ATMs and bank offices in remote areas.