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.
Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,148 VND/USD on July 15, up 22 VND from the previous day.
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.
At 8:20 am, the opening-hour rates at major commercial banks also saw increases.
Vietcombank and BIDV listed the buying rate at 25,950 VND/USD and the selling rate at 26,310 VND/USD, both up 20 VND from the July 14 morning session.
With an investment of 285 billion VND (11 million USD), this is the very first item for the approved Industrial Support Complex in the city’s master plan for 2021-2030.
While concerns over tariffs are real and may lead some foreign investors to take a more cautious approach in disbursing capital, especially for large-scale and long-term projects, Vietnam still holds significant advantages in attracting FDI thanks to a favourable business environment and, most importantly, the Government’s strong commitment to supporting investors.
Over the past decade, trade and investment relations between Vietnam and the UK have made remarkable strides. On trade, the two countries have implemented the UKVFTA for more than four years, and most recently, the UK’s accession as the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has further strengthened bilateral cooperation.
If Vietnamese businesses can meet Halal requirements, they won’t just reach Muslim consumers, she said, adding that they’ll also tap into the high-end segment in global markets increasingly focused on quality and product safety.
HCM City's 23 industries – including printing and media reproduction, furniture manufacturing, non-metallic mineral products, motor vehicles, electrical equipment, clothing and electronic and optical products – reported higher output in the first half of 2025.
Figures from the first six months show cashew exports reached 346,800 tonnes, earning 2.36 billion USD, a drop of 2.7% in volume but a surge of 20.4% in value annually. The rise was largely attributed to a significant increase in export prices, which helped offset lower shipment volumes.
Traceability and verification are an essential trend in the digital economy. Vietnam can fully leverage this to build a transparent, efficient, and globally competitive digital economy.
Hai Phong will present investment registration certificates for 32 projects and sign seven Memoranda of Understanding, with total committed capital exceeding 15.6 billion USD. These projects include investments from Europe and the US, reflecting the growing interest of global investors in the city's business environment and development potential.
Assessing the impact of the new model, Director at Savills Vietnam’s Advisory Services Do Thi Thu Giang said that the deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency.
Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva, has recently held a working session with representatives of the St. Gallen Endowment to boost cooperation between Vietnam and the Swiss fund, as part of his attendance at a seminar in Geneva on risk levels and countries’ trade responses to rising tariffs.
Vietnam now has 16,855 certified OCOP products rated three stars or higher. Of these, 76.2% are three-star products, 22.7% are four-star and 126 products have achieved five-star national recognition.
Following its merger with Binh Duong and Ba Ria-Vung Tau provinces, new HCM City is targeting 10.44 billion USD in foreign direct investment this year.
As traditional growth engines—natural resources, public investment, low-cost labour, and low-value exports—wane, Vietnam must shift toward transformative drivers, some experts have said.
Bac Ninh remains a magnet for both domestic and foreign investors, particularly in the field of electronic component manufacturing, where several new and expanded FDI projects have come operation.
The Vietnam – Czech Republic business networking seminar, held in Hanoi on July 11, opened up numerous prospects for cooperation between the two countries in key areas such as high technology, energy, mining, and the defence industry.
At the 2025 Insurance Asia Awards, held by Insurance Asia News in Hong Kong, PVI Insurance was the only company from Vietnam to win in all three main non-life insurance categories, Best General Insurer, Outstanding Claims Management and Best Digital Insurer of the Year.
Vietnam’s aviation industry reported a sharp decline in punctuality rate in the first half of this year despite a significant increase in passenger traffic, according to the Civil Aviation Authority of Vietnam (CAAV).
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.
