Yen recovers to increase after a period of sharp decline
According to Lao Dong, on October 28, the Japanese Yen (JPY) recovered, leading the increase in the region after major losses in recent sessions. The USD/JPY pair fell 0.3% compared to the previous session.
Most Asian currencies increased slightly thanks to optimism about improving US-China trade relations. The development comes ahead of a scheduled meeting between US President Donald Trump and Chinese President Xi Jinping in South Korea this weekend to discuss further a framework deal. See more...
Group of enterprises with impressive profits in the first 9 months of 2025
According to updated data as of October 28, 2025, only 13 banks have issued financial reports for the third quarter of 2025, but many units have impressive growth compared to the same period.
Specifically, the pre-tax profit levels for the first 9 months of 2025 of banks are as follows:
Techcombank (TCB) reached VND23,385 billion, up 2.4% over the same period.
MBBank (MBB) reported a profit of VND23,139 billion, up 12% over the same period;
VPBank (VPB) reached VND 20,396 billion, up 47%;
ACB reached VND16,072 billion, up 5%;
SHB reached VND 12,234 billion, up 35%. See more...
Can Tho proposes to support businesses to participate in exporting 100,000 tons of rice to Senegal
Can Tho City People's Committee has just sent an official dispatch to the Ministry of Industry and Trade requesting support for rice exporting enterprises in the area to participate in implementing rice export contracts to the Senegalese market.
According to the content of the document, within the framework of the official visit of National Assembly Chairman Tran Thanh Man to Senegalese from July 22 to 24, 2025, the Ministry of Industry and Trade joined the working delegation and signed a Memorandum of Understanding on rice trade with the Ministry of Industry and Trade of Senegalese. See more...
Vietnam's GDP growth forecast for the whole year of 2025 will increase by 7.9%
A new report released by HSBC has adjusted Vietnam's full-year growth forecast to become the fastest growing economy in ASEAN after the Statistics Office announced a 8.23% increase in GDP in the third quarter. According to HSBC, the above results are "surprisingly" because they are much higher than the market's expectation of 7.2%.
In response to GDP growth in the third quarter, HSBC raised its forecast for Vietnam's GDP growth in 2025 to 7.9% (up from the previous forecast of 6.6%) and 6.7% for 2026. Thus, HSBC's forecast is currently the highest among international organizations and is approaching the target set by Vietnam of over 8%. See more...
