Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,128 VND/USD on July 11, down 3 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,384 VND/USD and the floor rate 23,872 VND/USD.
At 8:20 am, the opening-hour rates at major commercial banks also saw decreases.
Vietcombank listed the buying rate at 25,920 VND/USD and the selling rate at 26,328 VND/USD, both down 30 VND from the July 10 morning session.
Meanwhile, BIDV cut both rates🦹 by 40 VND to 25,920 VND/USD (buying) and 26,280 VND/USD (selling)./.
The SBV has proactively assigned credit growth limits to credit institutions this year, and set an annual credit growth of 16% for 2025, with room for flexible adjustments depending on market conditions.
Even before the normalisation of ties in 1995, when embargoes against Vietnam were still in place, a number of American companies and investors had the foresight to explore opportunities in Vietnam.
Green transition across the seafood supply chain, from farming to processing and distribution, has become a global imperative, said To Thi Tuong Lan, Deputy Secretary-General of the Vietnam Association of Seafood Exporters and Producers (VASEP).
Passenger cars accounted for the largest number of sales with 22,934 vehicles, up 14.6% over the previous month. Meanwhile, sales of commercial vehicles reached 8,782, down 2%, while specialised vehicle sales reached 261, up 23% over the previous month.
The Vietnam–Cambodia business networking conference 2025 will take place in HCM City on July 15, aiming to strengthen direct connections between Vietnamese and Cambodian enterprises.
A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.
Under the agreement, BatX Energies will provide VinFast with comprehensive solutions for high-voltage (HV) battery recycling, including the recovery of materials such as lithium, cobalt, and nickel, as well as battery repurposing at VinFast’s manufacturing facilities and after-sales network in India.
US businesses appreciated the increasingly favourable investment and business environment in Vietnam, as well as the country’s strong commitments, vision, and concrete actions, particularly the administrative streamlining efforts. They reaffirmed their commitment to long-term investment, production, and business cooperation with Vietnam in the coming period.
Earlier that day, Ethiopian Airlines inaugurated its new direct route between Addis Ababa and Hanoi, with four weekly flights starting from July 10, 2025.
Vietnam and Pakistan have seen steady growth in bilateral trade, with an average annual increase of over 6.7% between 2017 and 2024. Two-way trade reached over 850 million USD last year and approximately 327.5 million USD in the first five months of 2025.
Among the upcoming lines, Metro Line 2 (Ben Thanh – Tham Luong) is attracting the most attention from investors. The 11-km route will connect the city centre with the northwest area, with a total estimated cost of over 2.1 billion USD.
The HCM City Department of Construction will publish detailed project information on its official portal and has been instructed to inspect four other projects with foreign involvement in sensitive areas: Hung Vuong 1 – R16, Hung Vuong 2 – R13, Star Hill – C15B (former District 7), and The Prince Residence (former Phu Nhuan district).
Authorities are now looking ahead to revising the Law on Tax Administration to ensure fair, convenient and transparent tax policies for all business models, especially household businesses.
According to the Ministry of Agriculture and Environment (MAE), Vietnam exported an estimated 953,900 tonnes of coffee worth 5.45 billion USD in the first six months of 2025, increasing by 5.3% in volume and 67.5% in value compared to the same period in 2024.
In a report on the capital city's property market in Q2 2025 published on July 10, CBRE experts revealed that nearly 6,850 new apartment units were put on the market in Q2, almost doubling the supply from the first quarter.
Aquatic exports stood at 950 million USD in June, bringing total revenue for the first six months to 5.16 billion USD, an increase of 16.9% over the same period last year.
The deal is expected to help local businesses better integrate into global supply chains, increase exports, and accelerate Tay Ninh’s transformation into a logistics and trade hub in the southeastern region.
Statistics show that over 1.24 million people have completed immigration procedures at the Huu Nghi International Border Gate since January, including more than 430,000 with passports (up 5.8%) and over 810,000 with travel permits (up 22.5%). Most travellers are Chinese and Vietnamese citizens crossing for tourism, family visits, or business purposes.
