Reference exchange rate down as week begins
The daily reference exchange rate for VND/USD was set at 22,437 VND on the first day of the week (July 17), down 8 VND from the last day of the previous week.
Illustrative image (Source: VNA)Hanoi, (VNA) – The daily reference exchange rate for VND/USD was set at 22,437 VND on the first day of the week (July 17), down 8 VND from the last day of the previous week.
With the current trading band of + /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,110 VND and the floor rate 21,764 VND per USD.
The opening hour rates at commercials saw slight fluctuations.
Vietcombank cut both rates by 10 VND from July 14, buying the greenback at 22,690 VND and sell at 22,760 VND.
The same rates were listed at BIDV, also down 10 VND from the rates listed on July 14.
Meanwhile, Techcombank kept both rates unchanged at 22,680 VND (buying) and 22,780 VND (selling). -VNA
You should also see
Prime Minister hosts Indonesian Foreign Minister
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on April 23 for Indonesian Foreign Minister Retno Marsudi, who is now on an official visit to Vietnam and to co-chair the fifth meeting of the Vietnam-Indonesia Joint Committee on Bilateral Cooperation.
See more
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
