Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,126 VND on July 14, down 2 VND from the last work day of the previous week.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,382 VND/USD and the floor rate 23,870 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 25,930 VND/USD and the selling rate 26,290 VND/USD, both up 10 VND from the July 11 morning session./.
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.
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.
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.
