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.
Party General Secretary Tô Lâm requested that the State''s monopoly on gold bullion branding should be dismantled in a controlled way, with the principle that the government retains oversight of bullion production.
According to data from FiinTrade and SSI Research, ETFs posted a net outflow of over VNĐ210 billion between May 12 and 16, marking the second consecutive week of withdrawals.
Despite a sharp recovery over the past two weeks, analysts warn that the current rally could lose momentum without fresh support, particularly as profit-taking emerges and market breadth remains limited.
Profit-taking pressure emerged across the board, particularly in banking and technology stocks, causing the VN-Index to retreat slightly to 1,301.39 points — a nearly 12-point in Friday''s session.
Despite strong resistance and uncertain outcomes from the tarriff talks, analysts expect the VN-Index to consolidate in the short term before attempting to break the 1,280-point level and approach the psychological threshold of 1,300.
According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Việt Nam''s economy is deeply integrating towards becoming a market economy, which requires flexibility.