VND in the spotlight: latest news

As of the night of November 6, Typhoon Kalmaegi continued its west-northwest movement but weakened further after making landfall in Gia Lai and Dak Lak. The storm is expected to bring heavy rainfall to the region.

International meteorological agencies have indicated that Typhoon Fung-wong is expected to reach its peak intensity of level 16 on November 9 and is forecasted to enter the East Sea on November 11.

The Civil Aviation Authority of Vietnam (CAAV) has announced the temporary suspension of flight operations at six airports beginning Thursday afternoon due to the impending arrival of Typhoon Kalmaegi.

The Civil Aviation Authority of Vietnam (CAAV) has issued an urgent alert regarding the approach of typhoon Kalmaegi. As a result, airlines are adjusting their schedules at eight airports across the central region.

Typhoon Kalmaegi has intensified, reaching speeds of 183 kph, and is on course to hit central Vietnam today. The typhoon is anticipated to bring damaging winds to mainland regions starting Thursday afternoon.

Typhoon Kalmaegi is expected to make landfall tonight, posing a significant threat to eastern Quang Ngai, Gia Lai, and Dak Lak provinces, which are at the highest risk of severe impact from the storm.

A weather alert has been issued for central Vietnam due to the approach of Typhoon Kalmaegi. The U.S. Mission in Vietnam announced that storm conditions are expected across the region.

Typhoon Kalmaegi is expected to make landfall in central Vietnam on November 7 at 1:00 am. The storm will hit the coast between Quang Ngai and Dak Lak, with sustained winds reaching Level 12 and gusts potentially exceeding that.

Vietnam's consumer spending is projected to remain resilient in 2026, supported by increasing household incomes, a thriving tourism sector, and stable inflation, despite challenging global conditions.

The Vietnamese government has proposed maintaining the highest personal income tax (PIT) rate at 35%, while also suggesting a reduction in the overall number of tax rates.

Vietnam should foster new growth by enhancing public investment and encouraging greater involvement from the private sector, according to Shantanu Chakraborty.

Hoa Phat Group, Vietnam's leading steel manufacturer, has obtained preliminary approval from the authorities in Hung Yen province to establish a 235-hectare industrial park named Ly Thuong Kiet.

Vietnam's rubber producers have reported strong profits in the first nine months of the year, driven by high latex prices and favorable exchange rates.

Singapore's Keppel Corporation has confirmed that Vietnam is a vital growth market, comprising 23% of its total residential portfolio, as highlighted in its recent business update for the first nine months of 2025.

Petrovietnam Drilling and Well Service Corporation (PV Drilling) announced its highest quarterly profit in seven years, driven by an increase in demand and favorable market conditions.

Hanoi-based VPBank Securities JSC (VPBankS) has successfully raised $483 million through its IPO by offering 375 million shares at a price of VND33,900 ($1.29) each.

AboitizPower, the energy subsidiary of Aboitiz Equity Ventures in the Philippines, has announced its plans to acquire a 25% stake in a central Vietnam power plant for $220 million.

Typhoon Kalmaegi is intensifying and is expected to come within 430 kilometers of Vietnam's central coast near Gia Lai. The storm may bring gusts of up to level-17, posing a significant threat to the region.

Gold prices are expected to remain stable this week, with analysts predicting that they will trade within a limited range due to a lack of clear trends.

The Vietnamese manufacturing sector experienced significant growth at the beginning of the fourth quarter of 2025, marked by substantial increases in both output and new orders, according to S&P Global.

The Vietnamese dong (VND) faced increased pressure in late October as the free-market USD/VND exchange rate reached its highest point in 12 years, leading to a widening gap in currency value.

For a detailed analysis of the monthly foreign exchange outlook, please download the PDF available above, which includes information on the Australian dollar, New Zealand dollar, Canadian dollar, Norwegian krone, and Swedish krona.

Busan will continue to collaborate with Ho Chi Minh City and other regions in Vietnam to strengthen their partnership and enhance mutual development.

Typhoon Kalmaegi is expected to enter the East Sea on November 5, marking Vietnam's 13th storm of 2025. The typhoon may reach a peak intensity of category 14.

Thailand has upgraded its economic growth forecast for 2025 to 2.4%, an increase from the previous estimate of 2.2%. This improvement is attributed to year-end stimulus measures and strong export performance.