The daily reference exchange rate is set at 23,148 VND per USD on December 29 (Photo: VNA)
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,148 VND per USD onDecember 29, down 1 VND from the previous day.
With the current trading band of +/-3percent, the ceiling rate applied to commercial banks during the day is 23,842VND/USD and the floor rate, 22,454 VND/USD.
The opening hour rates at somecommercial banks stayed stable.
At 8:25 am, Vietcombank listed thebuying rate at 23,010 VND/USD and the selling rate at 23,220 VND/USD, unchangedfrom December 28.
BIDV also kept both rates unchanged,listing the buying rate at 23,035 VND/USD (buying) and 23,215 VND/USD(selling).
Meanwhile, the rates at Techcombankwere adjusted up 1 VND to 23,016 VND/USD (buying) and 23,216 VND/USD (selling)./.
The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.
Vietnam is working hard to build a stable and transparent investment and business environment, thus becoming a destination for international human and capital resources, so it would be unreasonable for the country to devaluate its currency, experts have said.
The State Bank of Vietnam set the daily reference exchange rate at 23,149 VND per USD on December 28, down 3 VND from the last working day of previous week (December 25).
Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.
Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.
EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.
With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.
In the first seven months of this year, retail sales of goods were estimated at approximately 3.05 quadrillion VND, accounting for 76.4% of the total revenue and rising by 7.8% compared to the same period last year.
Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers and priority services - applicable across VinFast’s entire product portfolio. Dedicated HDFC Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
The Airbus A321NX is the first in a fleet of eight modern aircraft scheduled for delivery and operation throughout 2025, marking the beginning of Sun PhuQuoc Airways’ carefully planned investment strategy to build a modern fleet operating with safety, stability, and world-class standards.
Experts say that after over a decade of implementation, the credit growth quota policy is currently inappropriate and is criticised for creating an “ask and give mechanism”, hindering people and businesses from accessing bank loans.
The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
The daily reference exchange rate is set at 23,148 VND per USD on December 29 (Photo: VNA) 
