Vietnam Dong and Gold Rates - June 18: Market Updates and Trends

Vietnam dong and gold rates for June 18 are not mentioned in the article. However, the article covers various news stories including Pioneer Acquisition I Corp's IPO, China's digital yuan operation center, Philippine central bank's interest rate cut, and other business and economic news.

Vietnam Dong and Gold Rates for June 18

As of June 17, the Vietnamese dong exchange rates in the official and unofficial markets were as follows:
- USD/VND mid-point: 24,998
- USD/VND interbank: 26,060/26,063
- USD/VND unofficial: 26,220/26,320

The State Bank of Vietnam sets the mid-point rate on a daily basis, allowing dollar/dong transactions to move within a band of +/- 5% around the mid-point. The interbank offered rates are indicative bid/ask prices, quoted from market sources. The unofficial rates are indicative of the black market exchange rate [1].

The SJC gold prices in Hanoi were quoted at 117.60/119.60 million dong per tael. One tael is equivalent to 37.5 grams or 1.21 troy ounces [1].

Pioneer Acquisition I Corp's IPO

Pioneer Acquisition I Corp, a Cayman Islands-based blank check company, announced the pricing of its IPO of 22,000,000 units at $10.00 per unit, totaling $220 million. The units, trading under PACHU on Nasdaq, consist of one Class A ordinary share and one-half redeemable warrant. The company granted underwriters a 45-day option to purchase up to 3,300,000 additional units. Once separate trading begins, shares and warrants will trade as PACH and PACHW respectively. The offering is expected to close on June 20, 2025 [2].

People's Bank of China (PBOC) Announcements

PBOC Governor Pan Gongsheng announced that the central bank will improve its monetary policy toolbox. This includes setting up an e-CNY international operation center in Shanghai and working with the securities regulator to push forward Yuan FX futures trading in Shanghai. The market reaction to these announcements saw the AUD/USD trading at 0.6500, up 0.17% so far [3].

US-China Trade Deal and Other International Trade Stories

President Donald Trump declared that the US and China trade deal was "done" pending final approval from both leaders. The deal includes a 55% tariff on Chinese goods, up from 30%, while China's tariffs remain at 10%. The trade tensions have severely disrupted bilateral commerce, with US seaborne imports from China plummeting by 28.5% year-over-year in May. The trade disruption contributed to China's overall export growth slowing to 4.8% in May [4].

The Association of Southeast Asian Nations (ASEAN) unveiled an ambitious economic integration blueprint during its leaders' summit in Malaysia. The plan aims to transform the 10-member bloc into the world's fourth-largest economy by 2045. It emphasizes increased intra-regional trade, freer movement of businesses and people, improved transparency, and sustainable policies to attract foreign investment [4].

References

[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3SK05H:0-vietnam-dong-gold-rates-june-17/
[2] https://www.stocktitan.net/news/PACHU/pioneer-acquisition-i-corp-announces-pricing-of-220-000-000-initial-mluwoucovy33.html
[3] https://www.fxstreet.com/news/pboc-governor-pan-will-improve-monetary-policy-tool-box-202506180158
[4] https://www.weforum.org/stories/2025/06/us-china-deal-and-other-international-trade-stories-to-know-this-month/