Yen fluctuates, temporarily loses momentum
According to Lao Dong, last week, the Japanese Yen exchange rate (JPY) recorded many complex fluctuations due to mixed signals from both domestic and international.
On May 4, the Yen depreciated, the USD/JPY exchange rate approached the 142.50 mark as investors shifted to USD due to expectations of progress in US-China trade negotiations.
After the policy meeting of the Central Bank of Japan (BOJ), Dong Yen continued to decrease when BoJ kept the interest rate at 0.5% and lowered the forecast of growth and inflation for the coming years. Although inflation in Japan is over 2% - the target threshold - Boj proved cautious, making the market skeptical about the ability to raise interest rates early. See more ...
Ho Chi Minh City businesses proactively improve and expand export markets
Ca Mau seafood overcomes the fear of US tariffs
The Department of Agriculture and Environment of Ca Mau Province said that Ca Mau Fisheries products exported to the US market were mainly shrimp. In particular, the export turnover of the province to the US market in 2023 was 70.98 million USD (accounting for 5.91% of the province's exports); In 2024, it reached 76.78 million USD (accounting for 6.07% of the province's exports). Particularly, the first 2 months of 2025 was US $ 6.84 million (accounting for 3.74% of the province's exports).
When there was information that the US announced the application of a common tax rate of 46% to Vietnam, including frozen seafood, at first it was affected by psychology, shrimp prices decreased, businesses were slow to buy, but now that they have overcome this mentality, businesses have taken steps to prepare, raw shrimp prices are gradually recovering. See more...
KRX operates, stocks welcome new cash flow
In the short trading week before the holiday, the Vietnamese stock market in general still moved within a narrow range with liquidity falling sharply, clearly reflecting investors' cautious sentiment before the long holiday.
However, entering the first week of May, experts believe that the market may continue to recover with a positive mentality again, as many new expectations are taking shape.
With Vietnam and the US having officially entered the negotiation phase related to countervailing tariffs and the KRX system officially coming into operation, the market is expected to witness the return of cash flow and return to the uptrend.
Most notably, the KRX trading system, expected to officially operate from May 5, 2025 after many delays, is one of the most anticipated events in the market.
KRX will replace the entire current trading and clearing payment system, support the implementation of new derivative products (such as VN100 futures contracts) and improve the speed of transaction processing. This can attract cash flow from both domestic and international investors, especially ETFs. See more...
