Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,116 VND on July 4, up 25 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,372 VND/USD and the floor rate 23,860 VND/USD.
At 8:25 am, the opening-hour rates at major commercial banks also saw increases.
Vietcombank listed the buying rate at 26,010 VND/USD and the selling rate 26,370 VND/USD, up 25 VND from the July 3 morning session.
Meanwhile, BIDV raised the buying rate by 46 VND to 26,031 VND/USD an🥂d the selling rate by 26 VND to 26,371 VND/USD./.
Under Circular 17/2024/TT‑NHNN issued on June 28, 2024, by the State Bank of Vietnam (SBV), all businesses must register fingerprints or facial recognition data for their legal representative before they can continue using Internet or mobile banking.
Secretary of the United Nations Commission on International Trade Law (UNCITRAL) Anna Joubin-Bret praised Vietnam's active participation in UNCITRAL working groups, particularly during its first term from 2019-2025, and welcomed the country's re-election for the 2025-2031 term with high votes.
Covering nearly 70 ha, the Quang Duc Industrial Cluster will feature infrastructure including transportation, electricity, water supply, and wastewater treatment.
In June alone, the export turnover surged by 16.3% year-on-year. The domestic economic sector saw a decrease of 5.7%, while the foreign-invested sector, including crude oil, surged by 24.4%.
The CPI in June rose by 0.48% compared to the previous month, with urban areas up 0.5% and rural areas up 0.45%. The country’s June CPI climbed 3.57% year-on-year.
Agro-forestry-fishery expanded by 3.84%, industry and construction by 8.33%, and the services sector by 8.14%, contributing 5.59%, 42.4%, and 52.21%, respectively, to the overall growth.
The electricity production and distribution sector received the largest share of Vietnamese investment, with over 111.2 million USD, accounting for 22.8% of total overseas investment.
Newly registered capital accounted for nearly 9.3 billion USD across 1,988 new projects. Meanwhile, adjusted capital reached approximately 8.95 billion USD through 826 existing projects and investment via capital contributions and share purchases totalled nearly 3.3 billion USD.
The Vietnamese Government aims to have all administrative procedures related to businesses handled entirely online by the end of this year, regardless of administrative boundaries, according to Minister and Chairman of the Government Office Tran Van Son.
Vietnam's trade balance in the first half of 2025 is estimated to show a surplus of 7.19 billion USD, a 40.6% decline compared to the figure recorded in the same period last year.
Starting July 3, members of Vietnam Airlines’ Lotusmiles frequent flyer programme can earn miles when flying with Etihad Airways and redeem them for flights operated by Vietnam Airlines, Etihad Airways, or any other partner airline within the programme.
Da Nang has forged partnerships with more than 22 Japanese localities, and Japan remains its top foreign investor, with 1.14 billion USD committed across 261 projects.
PepsiCo, the world’s second largest food and beverage company, has invested about 1 billion USD and now runs seven manufacturing plants and eight distribution centres in Vietnam, employing more than 15,000 locals.
Deputy PM Nguyen Chi Dung welcomed Erex’s efforts to bring biomass power technology to Vietnam, emphasising that its ongoing projects will make a positive contribution to the country’s energy sector and further deepen the cooperation between Vietnam and Japan.
The resolution also aims to create an attractive environment for investment in the financial service sector to promote investment attraction and the free movement of international capital between the International Financial Centre and the world; develop the stock and insurance markets, banking activities, fintech, digital assets, commodities, and e-commerce in Vietnam and integrate with international markets.
The same morning, he attended the Vietnam – Spain Business Foum where various cooperation initiatives from both nations were highlighted, including those in green transition, high-quality human resources training, supply chain development and Vietnam House Logistics Centre establishment.
Vietnam is a key partner for Bulgaria in Southeast Asia, with potential for future joint work in IT, innovation, green transition, digital transformation, high-tech agriculture, and pharmaceuticals.
The US has long been one of Vietnam’s top export markets, yet it remains highly regulated, with stringent technical standards, tariffs, and import procedures. The seminar will address key challenges faced by Vietnamese exporters, focusing on consumer trends, technical regulations, rules of origin, import duties, logistics, and cross-border e-commerce.
According to the Ministry of Industry and Trade, Brazil has long been Vietnam’s leading trade partner in Latin America. Since the establishment of diplomatic relations in 1989, two-way trade has shown impressive growth.
The significant increase in frozen durian exports is attributed in part to favourable market-opening policies, particularly the export protocol signed with China in August 2024. The ministry’s guidance and local authorities’ efforts in deep processing and market diversification have enabled businesses to reduce reliance on fresh durian exports and seize new export opportunities.
Petrovietnam’s production highlights in the first half of this year included 4.82 million tonnes of crude oil extracted; 2.99 billion cu.m of natural gas; 16.65 billion kWh of electricity, up 8% year-on-year; 950,200 tonnes of urea fertiliser; and 3.78 million tonnes of refined petroleum (excluding the Nghi Son Refinery), up 26.8%.
