June 4, 2026

Dollar Soars to Monthly Peak Against Vietnamese Dong Amid Anticipated US Shutdown End

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Reading Time: 2 minutes

A 49-year-old Singaporean has triumphed over 700 competitors to secure the opportunity to manage Chick-fil-A’s first restaurant in Asia.

In a turn of events, Cambodian magnate Chen Zhi was tricked by an executive from his own Singapore family office.

The spotlight is now on the world’s largest creditor, a status that has become the focus of attention globally.

The bodies of missing Russian cryptocurrency millionaire Roman Novak and his wife have been discovered in the Dubai desert.

Over 230 individuals fell sick in Ho Chi Minh City due to suspected Salmonella poisoning from consuming banh mi.

Confusion Over New Vietnamese Education Laws

Parents in Vietnam are grappling with the recent introduction of fines for compelling children to study, leading to widespread confusion.

In a tragic incident in northern Vietnam, a woman caused a fatal accident by obstructing the road to dry rice.

Seven footballers who were naturalized in Malaysia are now seeking compensation from the Football Association of Malaysia (FAM) following a FIFA ban.

Interestingly, a Vietnamese individual is found to consume 81 packs of instant noodles annually, surpassing Koreans.

Thailand has issued a new law where daytime drinking could be penalized with a $300 fine.

The U.S. Dollar and Vietnamese Dong

The U.S. dollar has reached a one-month high against the Vietnamese dong. On a Tuesday morning, Vietcombank sold the greenback at a 0.05% higher rate, pegging it at VND26,373.

However, on the black market, the dollar saw a 0.36% fall, trading at VND27,650.

Globally, the yen, seen as a safe-haven, reached its lowest since February on the same Tuesday. Riskier currencies held firm against the dollar, as traders predicted an end to the U.S. government shutdown in the coming days.

The euro maintained stability at $1.1555, while sterling gradually edged higher to $1.3165.

A deal that would restore U.S. federal funding and conclude the longest shutdown was passed by the U.S. Senate late on Monday. It now awaits the approval of the House, where Speaker Mike Johnson has expressed his intent to pass it by Wednesday and forward it to President Donald Trump for his signature.

Questions & Answers

Who is the Singaporean that emerged victorious over 700 competitors to run Chick-fil-A’s first restaurant in Asia?
Details about this individual are yet to be disclosed.

What law has recently been introduced in Vietnam in relation to children’s education?
A new law has been enacted in Vietnam that imposes fines on parents who force their children to study.

What is the current situation of the U.S. dollar against the Vietnamese dong?
The U.S. dollar recently hit a one-month high against the Vietnamese dong, being sold 0.05% higher at VND26,373 by Vietcombank. However, it experienced a 0.36% drop on the black market, being traded at VND27,650.

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