VND in the spotlight: latest news

Investors are closely monitoring the Federal Reserve's current interest rate meeting, with results anticipated to be announced early on September...

The State Bank of Vietnam is expected to maintain the current operating interest rate, while keeping loan interest rates low to support economic growth.

United Overseas Bank (UOB) of Singapore has increased its forecast for Vietnam's GDP growth in 2025 from 6.9% to 7.5%.

The meteorological agency has issued a 10-day weather forecast for the entire country, highlighting that prolonged thunderstorms are expected to continue in the North.

This year, cold air is expected to arrive earlier than usual, with forecasts indicating its onset from late September to early October.

The State Bank of Vietnam intervened in the foreign exchange market by selling around $1.5 billion through 180-day cancelable forward contracts to stabilize the national currency.

The meteorological agency has released a 10-day weather forecast for the entire country, indicating that the North will experience sunshine starting from September 12, following a series of stormy days.

According to the Vietnam Petroleum Institute's gasoline and oil price forecast model, retail gasoline and oil prices are expected to fluctuate during the operating period on September 11.

During the operating period on September 11, 2025, retail gasoline prices are expected to experience a slight decrease of 0.2 to 0.5% compared to the previous period.

Gold prices are expected to reach new heights, while the USD exchange rate has seen a slight uptick. Additionally, global oil prices continue to rise, impacting various markets including domestic coffee.

Economists have upgraded their forecast for Singapore's economic growth in 2025 to 2.4%, an increase from the earlier estimate of 1.7%, following stronger-than-expected economic performance.

In Vietnam's fishing villages, smartphones have become vital tools, transforming aspects such as at-sea sales, family communication, and adherence to regulations.

On the morning of August 30, the domestic gold price surged to a record high of 130.6 million VND per tael, marking an increase of 1.7 million VND.

The price of SJC gold bars has surged, with each tael exceeding 130 million VND at major gold companies this morning. Smaller gold shops reported prices as high as 132.5 million VND per tael.

A tropical depression in the East Vietnam Sea intensified on Saturday morning into Storm Nongfa, marking the sixth storm to impact Vietnam this year. The storm is currently heading toward central Vietnam, bringing heavy rainfall and potentially severe weather conditions.

Typhoon No. 6 has made landfall in the coastal regions of Ha Tinh and Quang Tri, bringing winds of 74 km/h, categorized as level 8. The storm has resulted in heavy rainfall and significant flooding on multiple roads.

On August 29, gold prices may reach 129 million VND per tael as global gold approaches 3400 USD. Market participants are awaiting US inflation data to provide further direction.

Heavy rain is expected across Nghe An Province on August 30, accompanied by strong gusts of wind along the coast. The Nghe An Province Hydrometeorological Station reports that these weather conditions are a result of the tropical convergence zone affecting the region throughout the day and night.

Typhoon Kajiki, the fifth storm to impact Vietnam this year, is expected to make landfall in Central Vietnam on the afternoon of August 25.

Gold prices have risen significantly today, increasing by several million VND per tael compared to last weekend. The current peak price for SJC gold bars has reached 128 million VND per tael.

International meteorological agencies have updated their predictions regarding the landfall timing of typhoon Kajiki, also known as storm No. 5, on the North Central coast.

The forecast indicates that at around 4:00 p.m. on August 25, storm No. 5 is expected to make landfall between Thanh Hoa and Quang Tri, with its intensity decreasing to a lower level.

The National Center for Hydro-Meteorological Forecasting has reported that Storm No. 5 is intensifying, with wind speeds near the storm's center reaching level 14. The storm is expected to strengthen further in the coming days.

Storm Kajiki, the fifth storm to impact the East Vietnam Sea this year, is rapidly intensifying and is expected to unleash destructive winds reaching speeds of up to 133 kph.

A tropical depression has developed into Storm Kajiki after moving into Vietnam's waters on Saturday morning. The storm is expected to make landfall in central Vietnam.