June 30, 2025

Currency: Vietnam dong weakens slightly, black market premium persists

The central exchange rate for the Vietnam dong rose slightly to 25,052 per US dollar today from 25,048 yesterday, up 0.02 percent, according to data from the State Bank of Vietnam (SBV). Meanwhile, black market rates, according to Ty Gia USD, continue to trade significantly higher, indicating persistent demand for US dollars outside official channels.

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Manufacturing: Vietnam non-wood furniture exports dip 3.33% in May

Vietnam’s exports of furniture made from materials other than wood reached US$293.07 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight decrease of 3.33 percent compared to April, bringing the year-to-date (YTD) export value to US$1.49 billion.

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Technology: Vietnam’s foreign tech-investment agenda has promise but faces challenges, says APEX Group’s McElhaney

Vietnam’s Resolution 57 outlines an ambitious strategy to attract foreign tech investment through tax incentives, legal reforms, and workforce development, however, successful implementation faces a number of  challenges, Tyler McElhaney, Country Director at APEX Group has said in an article published by the Vietnam Investment Review.

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