“Trump Accuses China of Violating Trade Deal, Impacting USD/DXY Dynamics”
In a specific accusation, Trump claimed that China breached the preliminary trade agreement between the two nations, sparking investor concerns about a potential resurgence of the trade war. This triggered a defensive mindset, increasing the demand for holding USD as a safe-haven asset, which supported the rise of the DXY index last week.
As of the market’s close on May 30, the DXY index, which measures the US dollar’s strength against a basket of six major currencies, stood at 99.44, reflecting an increase of 0.34 points compared to the previous week’s close.
Source: SBV
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In the domestic market, the central exchange rate set by the State Bank of Vietnam on May 30 was 24,978 VND per USD, an increase of 18 VND from the previous week. With a permitted fluctuation margin of ±5%, commercial banks can adjust their USD/VND exchange rates within the range of 23,729 – 26,227 VND per USD.
The reference exchange rates for buying and selling USD at the State Foreign Reserve Management Commission also witnessed an increase of 18 VND from the previous week, quoted at 23,780 – 26,176 VND per USD.
Source: VCB
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At Vietcombank, the exchange rate as of May 30 settled at 25,810 – 26,200 VND per USD (buying – selling), marking a rise of 70 VND in both directions compared to the previous week’s close.
 Source: VietstockFinance
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In contrast, in the free market, USD rates experienced a decline of 60 VND in both buying and selling directions, trading around 26,260 – 26,360 VND per USD.
– 06:46 PM Jun 01, 2025
“Vietnamese Frozen Durian Exports to China: A Swift and Successful Negotiation”
“Just two days after the meeting between the Vietnamese Ministry of Agriculture and Environment and the General Administration of Customs of China, Vietnam exported its first batch of frozen durians to China. This marks a significant step forward in the trade cooperation of agricultural products between the two nations.”
The Unassuming Vietnamese Fruit that has Become a Global Sensation: China and the US are Hunting for this “Green Gold”, and Ben Tre has an Abundance of it.
In Vietnam, this particular tree is abundant and predominantly grown in the Mekong Delta regions, including provinces such as Ben Tre, Tra Vinh, and Tien Giang.
Title: US Hikes Import Tariffs: How Will Hoa Sen Group be Affected by the 50% Steel and Aluminum Levy?
The Hoa Sen Group asserts that the recent announcement of increased import tariffs by the US, from 25% to 50%, will have no impact on their business operations.
The Woes of the Second Largest Auto Market in SEA: Electric Vehicle Sales Across the Market Don’t Match Up to VinFast’s Solo Performance in Vietnam
The electric vehicle (EV) industry in Thailand witnessed a sluggish performance in April, with sales figures reaching a mere 6,278 units. This number pales in comparison to the impressive sales of VinFast, a prominent automotive brand, which outsold Thailand’s EV market by a significant margin of 3,000 vehicles.
Trump Strikes at China’s ‘Achilles Heel’: 90-Day Truce on Thin Ice!
The tech industry is on the brink of a battle, as Donald Trump’s recent actions could spark a fierce competition.
