Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,119 VND/USD on July 9, down 2 VND from July 8 morning.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,375 VND/USD and the floor rate 23,863 VND/USD.
At 8:15 am, the opening-hour rates at major commercial banks also saw decreases.
Both Vietcombank and BIDV listed the buying rate at 25,960 V♐ND/USD and the selling rate at 26,320 VND/꧋USD. While the rates at Vietcombank decreased 10 VND, those at BIDV fell 5 VND from July 8./.
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.
Six memorandums of understanding (MoUs) will be signed in the fields of infrastructure and urban development on this occasion. In addition, Hai Phong will grant investment licences to 23 major projects with a total registered capital of approximately 15 billion USD.
Vinaconex’s debut on the Fortune SEA 500 not only recognises its remarkable development but also underscores the company’s pioneering spirit and expanding regional stature.
A business networking event connecting domestic enterprises in Quang Tri with international partners from strategic markets, including Thailand, Japan, China, and Laos, was opened in the central province on July 10.
Retail fuel prices rose slightly from 3:00 pm on July 10, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
Inflationary pressure in the second half of 2025 would remain moderate, as factors driving prices up and down are expected to balance each other out. Assuming the CPI rises by an average of 0.27% per month, matching the average increase in the last six months of the 2015-24 period, the average inflation rate for 2025 is forecasted at 3.4%.
Le Dinh Ba, Trade Counsellor at the Vietnam Trade Office, said the national pavilion enabled small- and medium-sized enterprises to participate by sending products and catalogues. The exhibition offered a valuable platform for Vietnamese businesses to showcase their capabilities, connect with buyers, and build long-term trade relationships.
The new decree, which took effect on July 8, 2025, revises the minimum production volume criteria for enterprises seeking to benefit from preferential import tariffs on automotive components under the preferential tariff programme. This policy aims to support domestic vehicle manufacturers and assemblers, particularly those producing environmentally friendly models.
The small-sized banking group is expected to have the strongest growth rate of up to 35% thanks to boosting real estate credit from a low base and starting to accelerate bad debt handling.
According to Xuan Truong’s proposal, the airport would be developed in Y Yen commune and funded by Ninh Binh’s local budget and private capital, without central Government funding.
For the first half of 2025, the IIP rose by 9.2% compared to the same period last year, marking the highest growth rate since 2020, the office reported.
The first phase of HCM City's Metro Line No. 2, stretching 11.3km with 10 underground and one elevated station, was approved in 2010 with an estimated cost of 26 trillion VND (994 million USD). That figure was revised to nearly 47.9 trillion VND (1.8 billion USD) in 2019 after delays and cost escalations.
Amid global economic uncertainty, Vietnam is recognised as an attractive destination for foreign investment, buoyed by macroeconomic stability, bold reforms, and a business-friendly climate, heard at the Techcombank Investment Summit in Hanoi on July 9.
Tran Luu Quang, Chairman of the Party Central Committee’s Commission for Policies and Strategies, praised AES’s investment performance in Vietnam in recent years and welcomed its long-term commitment, particularly in the field of green and clean energy that supports the country's development and energy transition.
Over the past three decades, Vietnam Airlines has operated 1.2 million round-trip flights, covering 3.04 billion kilometres, and serving 350 million passengers with an average annual growth of 19%.
