Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,168 VND/USD on July 16, up 20 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,426 VND/USD and the floor rate 23,910 VND/USD.
At 8:30 am, the opening-hour rates at major commercial banks also saw a slight increase.
Both Vietcombank🌊 and BIDV listed the buying rate at 25,960 VND/USD and the selling rate at 26,320 VND/USD, both up 10 VND from the J🃏uly 15 morning session./.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,405 VND/USD and the floor rate 23,891 VND/USD.
Apartment prices in central HCM City have hit a record 600 million VND (23,500 USD) per sq.m, raising concerns over affordability and income disparity.
Corporate bonds — especially those issued via public offerings — are expected to regain momentum in the second half of 2025, buoyed by a mix of policy support and rising market demand.
Vinh Long province is home to 188 active foreign direct investment (FDI) projects from 24 countries, with a total registered capital of 5.74 billion USD, but none yet from Switzerland.
Progress demands strong determination, great effort, and decisive action, PM Pham Minh Chinh said, pressing for clearly defined roles, tasks, responsibilities, timelines, and authority to drive effective outcomes.
Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.
An official of FTSE Russell has expressed confidence in a long-term partnership with Vietnam through 2045, when the country aims to emerge as a modern industrialised nation with a transparent, advanced and globally integrated financial market.
The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s system of legal documents.
The nationwide adoption of E10 fuel aligns with Vietnam’s commitment to achieving net-zero emissions by 2050 and accelerating its transition to a low-carbon, sustainable energy model.
Retail fuel prices in Vietnam have seen a slight decrease as of 15:00 of July 17, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.
This diverse cooperation, spanning from sports to nuclear energy and high-tech, reflects the immense potential of the Vietnam-France comprehensive strategic partnership. Normandy's strengths align well with Vietnam's goal of becoming a modern industrial nation by 2045, solidifying its role as a strategic partner in the Asia-Pacific region.
The rise was driven by contributions from multiple regions, with Africa leading the charge at 130.8% increase compared to the same quarter last year. Europe contributed a solid 16% growth, while the Americas added 11.9% and Oceania contributed 8.9% to the overall increase.
According to the Vietnam Expressway Services Engineering Joint Stock Company (VECE), which operates the 55-km expressway, repairs began on July 15 and include replacement of expansion joints on the Long Thanh Bridge and maintenance of the expressway’s ITS.
Adopting circular practices is no longer optional but essential. This model, which reduces waste and reuses resources, is seen as vital to boosting productivity, protecting the environment, and improving farmers’ incomes.
Vietnam’s roadmap to establishing international financial centres (IFCs) hinges not only on planning, infrastructure and human capital, but above all, on attracting strategic investors, according to experts.
The event focused on strengthening bilateral cooperation in logistics, energy, technology, e-commerce, healthcare, and education. It also aimed to formalise strategic partnerships, improve legal frameworks, and connect resources among government agencies, enterprises, and startup support organisations from both countries.
Kumho Tire’s manufacturing facility in Vietnam has emerged as a strategic export hub for the Korean tire giant, driving growth in key international markets while showcasing remarkable progress in financial health.
With a total investment of 429 billion VND (about 16.4 million USD) and spanning 16,000 square meters, Go! Hung Yen is designed as a multi-functional commercial centre, aiming to meet the diverse needs of local consumers.
Vietnam’s credit conditions will remain stable in the second half of 2025, supported by proactive fiscal measures and ongoing institutional reforms, according to analysts of the Vietnam Investors Service (VIS) Rating, an affiliate of Moody’s.
