diff --git a/CHANGELOG/CHANGELOG-0.7.md b/CHANGELOG/CHANGELOG-0.7.md
new file mode 100644
index 000000000..06a181e89
--- /dev/null
+++ b/CHANGELOG/CHANGELOG-0.7.md
@@ -0,0 +1,20 @@
+# Changelog 0.7
+
+## 0.7.0 - 2023-07-26
+
+### Added
+
+- Added new EgressName, EgressIP fields in flow table. ([#349](https://github.com/antrea-io/theia/pull/349), [@dreamtalen])
+
+### Changed
+
+- Upgraded Clickhouse server to version 23.4 and ClickHouse Operator to version 0.21 ([#306](https://github.com/antrea-io/theia/pull/306), [@heanlan])
+
+### Fixed
+
+- Created a read-only user for Clickhouse operations ([#336](https://github.com/antrea-io/theia/pull/336), [@yanjunz97])
+
+
+[@heanlan]: https://github.com/heanlan
+[@yanjunz97]: https://github.com/yanjunz97
+[@dreamtalen]: https://github.com/dreamtalen
\ No newline at end of file
diff --git a/VERSION b/VERSION
index 7dfd4eef0..8b20e4852 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v0.7.0-dev
+v0.7.0
diff --git a/build/charts/theia/README.md b/build/charts/theia/README.md
index f198cefcb..ca414cf51 100644
--- a/build/charts/theia/README.md
+++ b/build/charts/theia/README.md
@@ -1,6 +1,6 @@
 # theia
 
-![Version: 0.7.0-dev](https://img.shields.io/badge/Version-0.7.0--dev-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
+![Version: 0.7.0](https://img.shields.io/badge/Version-0.7.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
 
 Antrea Network Flow Visibility