The US dollar surged to a new milestone in Vietnam on August 20, with commercial banks officially listing the selling price at 26,500 VND/USD for the first time.

The State Bank of Vietnam (SBV) has proposed that all electronic money transfers of 1,000 USD or more at the shaping International Financial Centre (IFC) must be reported.

K+ faces uncertainty as contract terms shift, staff exit, and the company stops selling long-term packages.

In its inspection report, the State Bank of Vietnam (SBV) pointed out that EVN Finance has committed multiple violations in governance and credit issuance, even exceeding lending limits. The company has continued to report strong profit growth.

Dairy herd growth has stalled, with traditional hubs like Ho Chi Minh City and Moc Chau suffering steep declines.

The country's industrial real estate market has been undergoing a significant transformation, not only in terms of scale but also in quality and a focus on sustainability.

Vietnam’s property market is showing strong signs of recovery despite wider economic challenges, with sector-wide net profit surging nearly 130% year-on-year in the second quarter of 2025.

Among 29 commercial banks, 11 reported a decline in bad debt ratios in the second quarter, including National Citizen Commercial Joint Stock Bank (NBC) from 19.54% to 11.35% and Agribank from 1.68% to 1.43%.

Despite heavy downpours and limited supply, long lines formed in Hanoi as gold prices reached a historic $4,924 USD per tael.

A local leader thanked countries and cities, international partners, foreign investors, friends worldwide and, especially, overseas Vietnamese for their trust and valuable support for the city’s development and accomplishments.

“Localities must achieve higher growth rates than those set in Resolution No. 25/NQ-CP, especially those serving as growth engines of the country,” Minister of Finance Nguyen Van Thang said.

Quang Ninh province on August 15 issued Decision No. 3226/QD-UBND, approving Sun Van Don JSC – a member of Sun Group – as the investor to implement the Van Don Integrated Casino & Tourism Complex – the piloting casino complex for Vietnamese.

Cambodia’s civil aviation authorities recently announced the transfer of all operations from Phnom Penh International Airport to Techo International Airport.

Though a global seafood success, pangasius still struggles to win over local consumers, with just 5-7% of production consumed domestically.

Expanded visa policies are attracting international visitors and stimulating recovery in luxury property markets.

New regulations on health certificates are causing serious delays for Vietnam’s pepper exports, risking revenue and customer trust.

Vietnam has surpassed Thailand in rice exports. The Prime Minister urges immediate action to strengthen its competitive edge.

Thailand lets travelers spend crypto nationwide. Vietnam is next in line with a legal pilot for digital asset exchanges.

With over 80 international-standard courses, golf tourism has been identified as a strategic product to attract high-end travellers and elevate Vietnam’s global profile.

The Da Nang Downtown project includes a 69-story, 408-meter tower designed as the city’s new landmark.