Yen continues to weaken
According to Lao Dong, on July 28, the Japanese Yen (JPY) continued to depreciate against the US Dollar (USD), marking the third consecutive decline.
The main reason comes from the active return of market sentiment, causing demand for safe-haven assets such as the Yen to weaken.
According to FXStreet, the market is more optimistic after the information that the US and the European Union (EU) have made progress in trade negotiations, along with plans to resume trade dialogue between the US and China. This has prompted investors to seek risky assets such as stocks, rather than holding the Yen - which is considered a safe haven in times of uncertainty. See more...
US spends 12.8 billion USD to import shoes and textiles from Vietnam
In the first 6 months of 2025, the US continued to be Vietnam's largest export market, with a turnover of up to 70.91 billion USD, a sharp increase of 28.3% over the same period last year. Notably, in just the two groups of shoes and textiles, traditional export industries have brought Vietnam 12.82 billion USD from this market.
Accordingly, textile and garment exports to the US reached 8.47 billion USD, up 17.1% over the same period in 2024 and accounting for 45% of the total textile and garment export turnover of the country. This continues to be the largest consumer market for Vietnam's textile and garment industry, playing a key role in the export growth of the industry. See more...
Liquidity explodes, stocks hit a historic peak after 25 years
The trading session on July 28 marked the 25th anniversary of the stock market's operation. The strong cash flow in the market has helped industry groups compete to flourish, especially the group of large-scale securities stocks, helping the VN-Index continue to accelerate. Green is still the main color on the electronic board and the VN-Index continues to climb new heights.
At the end of the session on July 28, the VN Index increased by 26.3 points, equivalent to 1.72%, to more than 1,557 points. The HoSE floor electricity table recorded 258 codes of increase, including 33 codes of ceiling increase, compared to 81 codes of decrease. See more...
Gasoline price forecast to continue to decrease
According to analysts, the trade agreement between the United States and the European Union, along with the possibility of extending the temporary suspension of tariffs between the United States and China, is supporting global financial markets and oil prices.
According to the Ministry of Industry and Trade, the world petroleum market last week (from July 17, 2025 to July 23, 2025) was affected by main factors such as: Update information on the new import tax policy of the US on goods from trading partners; EU announces new sanctions package for Russian oil... The above factors have caused world petroleum prices in recent days to fluctuate depending on each commodity.
For the domestic market, representing a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may decrease slightly. See more...
