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The Free-falling USD: When will it Stop?

The surging USD price in the international market has pushed the selling price of USD in the free market beyond the threshold of 26,000 VND per USD. This unprecedented rise has sent shockwaves through the economy, with businesses and individuals alike feeling the impact. As the value of the USD climbs, the question on everyone's mind is how high it will go and what consequences this will have on global financial stability.

The Greenback Takes a Breather

The weakening of the U.S. dollar's dominance has eased the pressure on the free-floating USD/VND exchange rate. The selling price of the U.S. dollar in the free market has now fallen below the 26,000 VND per USD mark, a decrease of approximately 200 VND per USD from its peak.

The Korean ‘Eagle’ Has Landed in Vietnam: What’s Their Winning Formula?

According to data from the General Department of Vietnam Customs, South Korea is now Vietnam's third-largest trading partner (after only China and the US), with bilateral trade reaching 76 billion USD in 2023. South Korean businesses contribute approximately 30% to Vietnam's total export turnover.

Captivating Car Consumers: How Toyota’s Imported Vehicles are Outselling their Assembled Counterparts

Toyota reported a sales figure of 5,315 units for the month of June, marking a decline from the previous month's performance.

Unlocking the Potential: Unraveling the MBLand Tonkin Beach Tourism Project in Quang Nam

On July 03, 2024, the People's Committee of Quang Nam Province announced the conclusion of a meeting aimed at addressing challenges faced by a premium beach tourism project in Dien Ngoc Ward, Dien Ban Town.