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Reference exchange rate falls 15 VND on June 13
The opening-hour exchange rates varied among major commercial banks on June 13 morning.
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Cutting construction procedures to boost business environment
Removing the construction permit requirement is more than a procedural update — it could be a game-changer.
Real estate bond market rebounds in May
May also witnessed a significant volume of early redemptions. Businesses repurchased bonds worth about 15.86 trillion VND before maturity - an increase of 6.7 % compared to the same period in 2024.
Ho Chi Minh City and Guangdong-Hong Kong-Macau Greater Bay Area Investment - Trade Forum 2025 fosters bilateral cooperation between Vietnam and China
The Forum aimed to foster multi-sectoral exchange and cooperation between China, particularly the GBA, and Vietnam, especially Ho Chi Minh City.
Lawmakers scrutinise dual-city international financial centre plan
Legislators expressed strong support for establishing an IFC, viewing it as a critical step toward elevating Vietnam’s financial standing and boosting economic development.
Vietnam Airlines secures 1.5 billion USD in funding from ING Bank for strategic expansion
This partnership underscores ING’s strong commitment to financing Vietnam Airlines’ long-term growth.
Fuel prices continue upward trend on June 12
The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.
Gold market to become more competitive as gold bullion monopoly ends
Eligible banks and enterprises will be licensed to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.
State budget revenue from tax sector rises 28.6% in five months
Vietnam’s tax sector reported state budget revenue of over 1 quadrillion VND in the first five months of 2025, equivalent to 58.5% of this year's estimate and representing a year-on-year increase of 28.6%
Binh Duong promotes hi-tech, digital transformation cooperation with Taiwanese group
Binh Duong is always ready to closely coordinate with prestigious international investors in the technology sector, a local leader told an executive of MiTAC, a Taiwan-based technology multinational.
Outlook for Vietnam's banks in 2025 remains stable
The overall banking sector’s profitability in 2025 is forecast to improve slightly, with return on assets (ROA) increasing from 1.55% to 1.60%.
Vietnam-Cuba rice production cooperation project generates positive results
Under the project implemented since 2003, Vietnam sent its experts to Cuba to directly guide Cuban people to change their farming methods, provided training, and donated some specialised agricultural machinery.
Vietnam ready to further open market for US exports: Minister
Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement based on respect for sovereignty, independence, political system, harmonisation and balance of interests, as well as in line with international commitments and the development level of each country.
Vietnam among world’s most food-self-sufficient nations: study
Vietnam’s strong performance is attributed to its robust agricultural sector, which maintains consistently high yields in key areas such as rice, fruit and vegetables, fishery products, meat, and starchy foodstuffs.
Vietnam, Switzerland explore potential of locality-to-locality cooperation
As a kick-off activity for SVEF 2025 slated to take place on June 23, the dialogue created a platform for direct discussions between Vietnamese local authorities and Swiss partners on priority areas such as smart agriculture, clean energy, technological innovation and sustainable finance.
Sun PhuQuoc Airways Co. Ltd to receive air transport licence
Sun PhuQuoc Airways, invested with 2.5 trillion VND (about 98.81 million USD), plans to build a fleet of 31 aircraft by 2030.
Reference exchange rate up 8 VND on June 12
The State Bank of Vietnam set the daily reference exchange at 24,990 VND on June 12, up 8 VND from the previous day.
Vietnam’s auto sales near 30,000 units in May
Of the vehicles sold, there were 20,014 passenger cars, 8,983 commercial units, and 213 special-purpose vehicles. While passenger car sales dipped 3.6% from the previous month, commercial vehicles surged 4% and specialised ones climbed 6%.
MoIT supports traditional market vendors in digital transformation
The initiative is expected to unlock new opportunities for traditional vendors, helping them improve business capabilities, align with the national digitalisation trend and contribute to the robust growth of e-commerce in Vietnam.
Goods trade via Lao Cai border gates surges to 240 million USD in May
Since the beginning of 2025, cumulative trade value through Lao Cai border gates has approached 944.4 million USD.
