The Resolution No 05/2025/NQ-CP on piloting a digital asset market is considered a ‘golden opportunity’ as it ensures safety for tens of millions of investors while helping the state mobilise a huge financial resource.
The central bank requested its branches in Region I and Region II to coordinate with police forces to identify and shut down unauthorised money-changing locations.
Compared to the beginning of October, the US dollar price listed at banks decreases by about VNĐ94, but it increases very strongly by VNĐ1,100 in the unofficial market.
Statistics show that from July 2024 to June 2025, the Vietnamese crypto market saw a robust growth rate of 55 per cent, which, experts said, signals a shift from a speculative boom to a more mature and sustainable phase of...
In a recent macro-economic outlook report for the second half of 2025, experts from the KB Securities Company (KBSV) said that in the short term, the exchange rate may remain tense at some points in the third quarter due to...
Phạm Chí Quang, Director of the State Bank of Vietnam (SBV)’s Monetary Policy Department, talks about the cause of the đồngdevaluation and forecasts the đồng in the second half of 2025.
Not only has the đồng depreciated against the euro, it has also weakened sharply against many other key currencies such as the yen (11 per cent), pound (11 per cent) and Australian dollar (7 per cent).
According to Mastercard data, Việt Nam has recorded a remarkable 92 per cent compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
The US dollar index (DXY) is now around 99, down 10 per cent from its early-year peak, while the dollar has risen 2.6–3 per cent against the Vietnamese đồng at local banks this year.
The economies subject to enhanced scrutiny expanded to nine, including Việt Nam, China, Japan, South Korea, Taiwan, Singapore, Germany, Ireland and Switzerland.
