24h Economy: Yen maintains its upward momentum

Phương Anh |

Yen maintains its upward momentum; Prolonged heavy rain, dozens of hectares of peach trees in Hanoi submerged in water... are notable economic news in the past 24 hours.

Yen maintains its upward momentum

In the trading session on September 30, 2025, the USD/JPY pair continued to decrease for the second consecutive session, trading around 148.60. The decrease was about 0.39% compared to the previous session and about 0.60% compared to the end of last week, continuing the decrease in the past few sessions.

Dong Yen Nhat (JPY) giu vung xu huong tang gia so voi dong Do la My (USD) tren thi truong quoc te, gay ap luc len cac thi truong chung khoan khu vuc. Anh: Phuong Anh
The Japanese Yen (JPY) maintains its upward trend against the US Dollar (USD) on the international market, putting pressure on regional stock markets. Photo: Phuong Anh

The main driver of the Yen's gains comes from increased political and economic uncertainty in the US. Investors are cautious about the risk that the US government could have to close if the National Assembly cannot reach a budget agreement before the deadline of October 1.

US President Donald Trump has summoned Congress leaders to find a final solution for the budget package, but the parties have yet to reach a consensus. This mentality weakens the US Dollar as investors seek the Yen as a safe-haven asset. See more...

Prolonged heavy rain, dozens of hectares of peach trees in Hanoi submerged in water, risk of losing the entire Tet crop

Due to the impact of storm No. 10 (Bualoi), Hanoi's prolonged heavy rain caused many streets to be deeply flooded, with a series of garden and crop areas submerged in water.

On Le Quang Dao Street, Duong Noi Ward (Hanoi), about 8 hectares of peach trees were flooded up to half the trunk. Dozens of households had to busy clearing the flow and install pipes to pump and drain water, but were still worried when the heavy rain had not stopped.

Hon 1ha dao cua ba Duong Thi Thuy o phuong Duong Noi, Ha Noi bi ngap ung. Anh: Cao Thom
More than 1ha of Duong Thi Thuy's peach trees in Duong Noi ward, Hanoi were flooded. Photo: Cao Thom

Ms. Duong Thi Thuy, the owner of the Duong Noi peach garden, could not hide her anxiety when many trees in the garden had watered their roots, yellow, and leafy leaves: "We have been planting for many years, there are fields that are decades old, not new. If the garden is flooded for a long time, my family could lose up to billions of VND". See more...

Aiming to fully exploit the export potential of frozen durian

Can Tho - To make the most of the opportunities from frozen durian, farmers need to focus on product quality, strictly complying with international standards. Video: My Ly

FTSE Russell will announce the results of upgrading the Vietnamese stock market on October 8

According to updated information on September 30 from Vietcap Securities, next week will be an important time for the Vietnamese stock market.

FTSE Russell sap cong bo ket qua nang hang thi truong chung khoan Viet Nam. Anh: The Lam
FTSE Russell is about to announce the results of upgrading the Vietnamese stock market. Photo: The Lam

FTSE Russell will announce the results of the semi-annual stock market classification assessment in September 2025 on October 8 (after the US stock market closed on October 7), and announce the possibility of Vietnam being upgraded from the Border Market to the Secondary Newly emerging Market.

The company said it is currently very confident that FTSE Russell will announce a positive result for Vietnam next Wednesday. See more...

Phương Anh
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