The Vietnam dong’s interest rate on the interbank market exceeded 3 percent per annum. (Photo: VNA)
Hanoi (VNA) - The Vietnam dong’s interest rateon the interbank market exceeded 3 percent per annum for the first time overthe past more than six months.
The rate increasedfrom 0.34-0.92 percent, pushing the overnight rate to 3.02 percent, one week at3.28 percent and two weeks at 3.56 percent, respectively.
The increasereflects higher demand for dong with the Tet (Lunar New Year) festival approaching.
Meanwhile, the referenceVND/USD exchange rate stands at 22,730 VND/USD as listed by commercial banks,dropping from the previous rate of between 22,745-22,750 VND/USD.
The State Bank ofVietnam continues to buy a large amount of foreign currencies, with over 4 billionUSD purchased since the beginning of this year, raising the country’s foreignreserves to more than 57 billion USD.-VNA
Adoption of appropriate policies by the State Bank of Vietnam (SBV) has helped it buy a large amount of US dollar to increase the nation’s foreign reserves, industry insiders said.
Record-high foreign reserves will enable Vietnam’s central bank to keep the dong, the local currency, stable for the rest of the year, Bloomberg quoted a central bank official as saying.
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Commercial banks are optimistic about the foreign exchange market in 2018, noting the market would be stable with VND devaluing slightly by some 0.5-1 percentage points to 22,710 VND to 22,950 VND.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The Vietnam dong’s interest rate on the interbank market exceeded 3 percent per annum. (Photo: VNA) 
