Crackdown on daily apartment rentals, fines of up to 130 million VND for individuals

Decree 339/2026/ND-CP sets fines of 100–130 million VND for individuals who use apartments for non-residential purposes. The rule directly affects daily apartment rentals, which are common in HCMC.

What the new regulation says

• Violation: using an apartment for non-residential purposes.
• Fine for individuals: 100–130 million VND.
• Applicable document: Decree 339/2026/ND-CP.
• Most affected areas in HCMC: District 1, District 4, District 7, Binh Thanh and the Thao Dien – An Phu area, where short-term rental demand is high.

Views from a market research firm

• Mr. Vo Hong Thang (DKRA Consulting) believes the rule will clearly affect the Airbnb-style short-term rental market in large cities.
• The apartment rental market is entering a supply restructuring phase as some apartments shift from short-term to long-term rental.
• The impact is likely to be local to certain areas, rather than causing fluctuations across the whole market.
• Long-term rents are unlikely to fall widely; well-located apartments can more easily switch their rental purpose.