The daily reference exchange rate for VND/USD was set at 22,437 VND on the first day of the week (July 17), down 8 VND from the last day of the previous week.
Hanoi, (VNA) – The daily reference exchange rate for VND/USD wasset at 22,437 VND on the first day of the week (July 17), down 8 VND from thelast day of the previous week.
With the current trading band of + /- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,110 VND and the floor rate 21,764 VNDper USD.
The opening hour rates at commercials saw slight fluctuations.
Vietcombank cut both rates by 10 VND from July 14, buying the greenbackat 22,690 VND and sell at 22,760 VND.
The same rates were listed at BIDV, also down 10 VND from the rateslisted on July 14.
Meanwhile, Techcombank kept both rates unchanged at 22,680 VND (buying)and 22,780 VND (selling). -VNA
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Management agencies need to focus on financial and monetary policies besides long-term solutions such as restructuring the economy, reforming State-run businesses, and developing private economy.
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Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
Illustrative image (Source: VNA) 
