Central bank's reference rate falls again

The State Bank of Vietnam (SBV) on January 29 announced its reference rate of 21,881 VND per US dollar.
Central bank's reference rate falls again ảnh 1Illustrative Image (Source :VNA)

Hanoi (VNA) - The State Bank of Vietnam (SBV) on January 29 announced its reference rate of 21,881 VND per US dollar.

The new rate fell by 5 VND, compared with the previous day, to touch the lowest level since the SBV applied the central rate early this month.

This was the fourth consecutive fall of the central exchange rate this week, with a total reduction of 29 dong.

Commercial banks are allowed to apply the ceiling rate of 22,537 VND and the floor rate of 21,224 VND on January 28, with a margin of +/-three percent from the SBV's reference rate.

At the opening hour, Vietcombank listed the dollar buying and selling rates at 22,215 VND and 22,285 VND, respectively, 40 VND lower than the previous day's rates.

The prices of the green note transacted at the bank fell by 105 VND in this week and by 255 VND compared to January 4 when the reference rate was applied first time.

The dollar buying and selling rates at Eximbank were 22,190 VND and 22,280 VND, 30 VND lower than the day before.

Meanwhile, Techcombank kept its buying and selling rates at 22,200 VND and 22,360 VND for the US dollar listed on January 28.-VNA

VNA

See more

Durians being prepared for export. (Photo: phunuonline.com.vn)

Vietnam tightens fruit inspections after warning from China

The Plant Protection Department under the Ministry of Agriculture and Rural Development has requested that local authorities and relevant agencies enhance inspections and monitoring of cultivation areas and export packing facilities for fresh fruit, including durians and jackfruit.

Illustrative photo (Photo: VNA)

VinFast posts record monthly, yearly car sales

Vietnamese car maker VinFast announced that it delivered over 20,000 vehicles in December 2024, a sales record in the domestic market, raising its total last year to more than 87,000.

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of this year (Photo: VNA)

Gold prices hit new peak

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of 2025.

Vietnamese products at a supermarket in Laos. (Photo: VNA)

Vietnamese products gain market share in ASEAN countries

Vietnamese products are gaining traction and increasing their market share in the ASEAN bloc, particularly in neighbouring countries such as Cambodia and Laos, according to businesses and a report by the Ministry of Industry and Trade (MoIT).

 New real estate projects in HCM City. (Photo: VNA)

HCM City’s land-related revenue surges 50% in 2024

Land-related revenue in Ho Chi Minh City has surged nearly 50% year-on-year, surpassing 25.3 trillion VND (nearly 1 billion USD) in 2024, according to data from its Department of Natural Resources and Environment.

Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay and Programme Coordinator of the ASEAN-MERCOSUR Chair. (Photo: VNA)

Uruguayan expert praises Vietnam's development pace

Vietnam is developing sustainably and is an incredibly attractive market for South American countries, particularly Uruguay, said Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay and Programme Coordinator of the ASEAN-MERCOSUR Chair.

GDP in the fourth quarter of 2024 grows by 7.55% year-on-year (Photo: VNA)

2024’s rosy socio-economic results serve as foundation to accelerate 2025 growth

The positive socio-economic results of 2024 lay a crucial foundation for Vietnam to enter 2025, when the economy is expected to accelerate and achieve the highest goals outlined in the 5-year socio-economic development plan for the 2021-2025 period, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.