Vingroup (HOSE: VIC) is preparing to hit the international markets with a US dollar-denominated bond offering, the State Securities Commission has recently announced, signalling a move to strengthen its financial position and broaden access to global investors.

VOV.VN - Police of the Phu Quoc Special Zone in the Mekong Delta province of An Giang on October 3 announced that they have issued arrest warrants and prosecuted two Algerian nationals for circulating counterfeit US dollars in Phu Quoc.

Singapore’s United Overseas Bank (UOB) has boosted its 2025 GDP growth forecast for Vietnam to 7.5% from 6.9%, pointing to the economy’s resilience and dynamism despite tariff risks and uncertainties.

A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about 3% against the dollar, experts forecast.

In the dynamic global economic landscape, the asset management sector is emerging as a standout field, with rapid growth fuelled by wealthy, middle-class and high-net-worth investors, transitioning towards professional asset management models and high-tech applications.

The US dollar may further strengthen against the Vietnamese dong to hit VND25,400 per dollar at the end of this month, according to experts.

After cooling down in August 2024 and bottoming out at the end of September, the USD/VND exchange rate has shown signs of increasing again since the beginning of October.

Hanoi’s consumer price index (CPI) in September rose 0.66% from the previous month, and 2.01% from a year earlier, according to the city’s Statistics Office.

With a sharp depreciation of the US dollar against the Vietnamese dong, the State Treasury has continuously bought large amounts of the greenback from commercial banks.

Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the zero per cent interest rate for deposits made in US dollar, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists and exchange market experts.