A surge that broke new records.

On the morning of April 4, 2025, the exchange rate of the Japanese Yen at domestic banks showed slight differences. Vietcombank listed the buying rate at 169.81 VND/JPY and the selling rate at 180.60 VND/JPY. Vietinbank had a buying rate of 171.72 VND and a selling rate of 181.42 VND per Japanese Yen.

BIDV recorded a buying rate of 172 VND and a selling rate of 179.97 VND. Agribank bought at 170.59 VND and sold at 178.68 VND. Eximbank currently buys at 172.80 VND and sells at 178.79 VND. Sacombank has a buying rate of 172.91 VND and a selling rate of 179.93 VND. Meanwhile, Techcombank bought at 169.49 VND and sold at 182.11 VND. NCB listed the buying price at 165.84 VND and the selling price at 176.12 VND. HSBC has a buying rate of 170 VND and a selling rate of 177.50 VND.

According to the survey, Eximbank offers the highest Yen buying price, while HSBC offers the lowest selling price.

On the free market, the Japanese Yen exchange rate on April 4th is trading at 174.18 VND/JPY for buying and 175.3 VND/JPY for selling. Compared to banks, this rate is more competitive on the selling side but higher on the buying side.

*Note: Cash buying and selling rates
Bank	Buy	Sell
Vietcombank	169.81	180.60
VietinBank	171.72	181.42
MB	172	179.97
Agribank	170.59	178.68
Eximbank	172.80	178.79
Sacombank	172.91	179.93
Techcombank	169.49	182.11
NCB	165.84	176.12
HSBC	170	177.50
Black market exchange rate (VND/JPY)	174.18	175.3

On the international market, the Yen is showing remarkable strength. Following the latest announcement from the US regarding tax policy, global investors are turning to the Yen as a "safe haven," causing the USD/JPY exchange rate to fall to its lowest level in over three weeks.

Besides defensive capital flows, the Yen is also supported by expectations regarding interest rate policy. Investors believe that the Bank of Japan will continue to raise interest rates to control inflation, while the US Federal Reserve may soon lower interest rates to address economic pressures.

If the interest rate differential between the US and Japan gradually narrows, the Yen will become even more attractive. Amidst growing concerns about global trade, the Yen is projected to continue its upward trend in the near future.

Source: https://baoquangnam.vn/ty-gia-yen-nhat-hom-nay-4-4-2025-tang-but-pha-tao-ky-luc-moi-3152073.html