Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,121 VND/USD on July 8, up 8 VND from the previous session.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,377 VND/USD and the floor rate 23,865 VND/USD.
At 8:25 am, the opening-hour rates at major commercial banks also saw decreases.
Vietcombank listed the buying rate at 25,970 VND/USD and the selling rate 26,330 VND/USD, both down 25 VND from July 7.
BIDV also cut both rates by 25 VND to 25,965 VND/USD (buyin꧃g) and 26,325 VND/USD (sellingജ)./.
As head of the steering committee, PM Chinh reiterated the strategic direction outlined in the 13th National Party Congress, which emphasises the need to continue three strategic breakthroughs, with priority given to railway development and starting work on several sections of the North–South high-speed railway, improving transport connectivity with economic zones, industrial parks, seaports, and airports, and accelerating the pace of urban railway projects in Hanoi and Ho Chi Minh City.
Vietnam is playing a growing role in the US’s global supply chains while American businesses have contributed significantly to Vietnam’s economic transformation and development, according to Minister of Industry and Trade Nguyen Hong Dien.
Deputy Minister of Finance Nguyen Duc Chi said the upgrade would open doors for global funds eyeing exposure to one of Asia’s fastest-growing economies.
In addition to their own efforts, businesses and industries are calling for stronger policy assistance to accelerate green transition, expand market access, and boost long-term competitiveness.
Coming to the 2025 Korea Import Fair (KIF), Vietnamese firms are not only seeking buyers but also looking to gain deeper insights into consumer preferences and connect with strategic partners.
On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.
The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.
Scandals involving counterfeit goods, unsafe food and substandard pharmaceuticals not only cause economic losses but also erode public trust. On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.
Economists, both domestic and foreign, have noted Vietnam’s ability to maintain strong momentum, with ambitions to hit 8% growth in 2025 and 10% or more annually from 2026 to 2030.
Vietnam has so far mobilised more than 7 billion USD for its just energy transition agenda under the Political Declaration on the Just Energy Transition Partnership (JETP).
The dialogue offered Japanese businesses an opportunity to gain the most updated insights into Vietnam’s socio-economic landscape as well as its new policies, and to exchange views on potential future collaboration in various sectors.
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.
By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.
According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.
The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.
According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.
The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.
In the first half of 2025 alone, Hanoi welcomed over 15.55 million visitors, up nearly 12% year-on-year. Of these, 3.66 million were international arrivals, marking a strong increase of 21.8%.
