The VND/USD exchange rates saw little changes this morning although the US Federal Reserve (Fed) raised interest rates on June 14 on the confidence in a growing economy and strengthening job market in the world’s biggest economy.
Hanoi (VNA) - The VND/USD exchange rates saw little changes thismorning although the US Federal Reserve (Fed) raised interest rates on June 14on the confidence in a growing economy and strengthening job market in theworld’s biggest economy.
The State Bank of Vietnam on June 15 morning listed the daily reference rate at22,405 VND to a dollar, three dong lower than June 14’s rate.
The exchange rates at commercial banks did not see significant changes.
At Vietcombank, the buying rate was 22,655 VND and the selling rate was 22,725 VNDat 10.30 am, 10 dong lower than June 14.
The exchange rates at MB Bank dropped from 22,750 VND to a dollar on June 14 to22,720 VND on June 15’s morning.
At Bank for Investment and Development of Vietnam (BIDV), exchange rates saw nochange compared to June 14, being listed at 22,665 VND for buying rate and 22,735VND for selling rate.
The Federal Reserve raised interest rates on June 14 for the second time inthree months, forecasting one more hike this year. The benchmark lending ratewas lifted by a quarter percentage point to a target range of 1 percent to 1.25percent.
Experts said that the State Bank of Vietnam’s policies on exchange rates helpedthe market avoid external shocks, adding that the Fed rate hikes would not havesignificant impacts on VND/USD exchange rates.
The National Financial Supervisory Committee recently forecast the Fed ratehikes, but small increases each time would not insert significant pressure onexchange rates.
However, the committee warned that the exchange rates would be under pressurefrom high trade deficit in the remaining months of 2017.
The domestic gold prices also remained stable despite huge fluctuations in goldprices in the global market.
At 10.45 am on June 15, SJC gold traded at 36.33-36.39 million VND per tael atBao Tin Minh Chau, unchanged from the closing prices on June 14 and 36.23 to 36.43million VND at SJC, 10,000 VND lower per tael.
The gold price in the global market saw huge fluctuations after the Fed ratehikes. It even rose by 15 USD to touch 1,288 USD per ounce but decreased afterthat to close at 1,260 USD.
At 11 am (local time), gold was trading at 1,263.6 USD per ounce on Nymex and 1,264.10USD on Kitco.-VNA
Vietnam’s total loans by May 25 grew 6.53 percent from the end of 2016, which supported domestic production and business in the context of slow public investment disbursement since the beginning of the year.
Trading of long-term Government bonds (G-bonds) in the first five months of 2017 has seen improvements compared to 2016 due to changing tastes of institutional investors.
Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission reported on June 12.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.