On the morning of April 29, the euro exchange rate at domestic banks recorded a slight increase. At the same time, in the black market, the euro price also increased in both buying and selling directions, currently trading around 29,815 - 29,915 VND/EUR.

At Vietcombank, the euro exchange rate was listed at VND28,864/EUR for buying and VND30,445/EUR for selling, up VND116 and VND122 respectively compared to the previous session. VietinBank also recorded an increase of VND82 in both directions, with the buying price at VND29,160/EUR and the selling price at VND30,415/EUR. BIDV adjusted the buying rate to VND29,149/EUR and the selling rate to VND30,414/EUR, up VND86 and VND84 respectively.

At Eximbank, the buying rate reached 29,146 VND/EUR, up 102 VND, while the selling rate increased by 117 VND, to 30,213 VND/EUR. Sacombank recorded the highest increase with the buying rate of 29,194 VND/EUR and the selling rate of 30,169 VND/EUR, both up 146 VND compared to yesterday.

Techcombank and HSBC also adjusted the exchange rate up. Techcombank is trading at 28,966 VND/EUR for buying and 30,338 VND/EUR for selling. HSBC listed the buying price at 29,060 VND/EUR and the selling price at 30,187 VND/EUR.

Currently, the buying rate of Euro at banks ranges from 28,864 to 29,194 VND/EUR, while the selling rate ranges from 30,169 to 30,445 VND/EUR. Among the surveyed banks, Sacombank currently has the highest buying price and the lowest selling price.

In the black market, the euro was traded at 29,815 VND/EUR for buying and 29,915 VND/EUR for selling, up 135 and 126 VND respectively compared to yesterday.

In the international market, the euro was recorded trading at 1.1392 USD/EUR at 10:30 a.m. on April 29, down slightly by 0.003 points compared to the closing price on April 28.

The euro weakened against the dollar as markets grew increasingly confident that the European Central Bank (ECB) could cut interest rates again at its June meeting. Investors were also bracing for further developments on U.S. trade policy ahead of Friday's non-farm payrolls (NFP) data.

US President Donald Trump said there had been progress in talks with Chinese President Xi Jinping, although Beijing denied that trade talks were taking place. US Treasury Secretary Scott Bessent said he had spoken to Chinese officials last week, but did not specifically mention tariffs.

Bessent also stressed that the easing of trade tensions depends on China, given the trade imbalance between the two countries. Investor sentiment is now turning to closely monitor the developments in US-China relations, as the uncertain trade policy of the US has undermined confidence in its assets. If trade tensions increase, the dollar could come under pressure, providing support for the EUR/USD pair.

In Europe, according to Reuters, ECB policymakers are more optimistic about the possibility of cutting interest rates in June, as inflation continues to show signs of cooling. Policymaker Olli Rehn also said the ECB could take interest rates below neutral to maintain economic balance.