Business

Reference exchange rate continues downward trend into new week

The State Bank of Vietnam set the daily reference exchange rate at 23,099 VND per USD on June 14, down 2 VND from the last working day of the previous week (June 11).
Reference exchange rate continues downward trend into new week ảnh 1Illustrative image (Photo: VNA) 

Hanoi (VNA) - The State Bank of Vietnam set the dailyreference exchange rate at 23,099 VND per USD on June 14, down 2 VND from the lastworking day of the previous week (June 11).

With the current trading band of +/- 3 percent, the ceiling rateapplied to commercial bank during the day is 23,791 VND/USD and the floor rate22,406 VND/USD.

The rates listed at commercial banks stayed stable.

At8:20 am, the rates at Vietcombank stood at 22,820 VND/USD (buying) and 23,050VND/USD (selling), unchanged from June 11.

BIDV also kept both rates unchanged at 22,847 (buying) and 23,047 VND/USD(selling).

Similarly, Vietinbank maintained both rates at the same levelsas on June 11 at 22,820 (buying) and 23,040 VND/USD (selling).

During the week from May 31 to June 4, the daily reference exchange rate wasadjusted up on Monday but then around to follow a downward trend until the endof the week. It ended the week down 39 VND compared to the rate on Monday./.

VNA
#State Bank of Vietnam #Vietnamplus #Vietnam News Agency #daily reference exchange rate #commercial banks #current trading band Vietnam
Follow VietnamPlus

Related News

See more

Semiconductor products, chips and components displayed at a ceremony to launch a national centre for semiconductor chip pilot production support in Hanoi on June 26. (Photo: VNA)

US semiconductor push offers Vietnam opportunities, policy challenges

The Vietnam-US semiconductor partnership is therefore not simply a “golden opportunity” arising from geopolitical shifts, but also a long-term test of Vietnam’s institutional reform and implementation capacity. If domestic capacity cannot keep pace, adjusting targets toward quality and execution, rather than simply expanding the number of projects, will be essential.

Workers process fruit for export at the Chanh Thu factory in Cho Lach commune, Vinh Long province. (Photo: VNA)

Vietnam works to maintain edge in key agricultural market

According to Le Hang, Deputy Secretary-General of the Vietnam Association of Seafood Exporters and Producers (VASEP), China and Hong Kong (China) remained bright spots for Vietnam’s aquatic exports in July, with revenue exceeding 267 million USD, up 24.7% year-on-year.

An estimated 6,300 workers are needed by the semiconductor industry in Bac Giang province during the 2025-2030 period. (Photo: VNA)

India's semiconductor strategy complementary to Vietnam's chip sector: expert

Sudhanshu Mittal, Director of Engineering Solutions at the National Association of Software and Service Companies (Nasscom) of India, noted that during the state visit to India by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam in May, the two countries signed a number of cooperation agreements, with semiconductors identified as a priority area alongside artificial intelligence (AI), cybersecurity, and advanced technologies.

At the working session between Vietnamese Minister of Finance Ngo Van Tuan (right) and RMIT University’s Vice-Chancellor and President Professor Alec Cameron in Sydney on August 10 (Photo: tapchikinhtetaichinh.vn)

Vietnam, Australia seek to expand investment in rice value chain

During General Secretary of the Communist Party of Vietnam Central Committee and President To Lam’s state visit to Australia from August 9-12, Vietnamese Minister of Finance Ngo Van Tuan, authorised by the General Secretary and President, held working sessions with SunRice Group CEO Paul Serra and RMIT University’s Vice-Chancellor and President Professor Alec Cameron in Sydney on August 10.

Students practice microcontroller programming at the Vietnam-Korea College of Technology in Bac Ninh province (Photo: VNA)

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.

Lawmakers on August 9 discuss a draft law amending and supplementing a number of articles of the Law on the State Bank of Vietnam, the Law on Anti-Money Laundering and the Law on Credit Institutions. (Photo: VNA)

Lawmakers discuss measures to ensure banking system safety, support digital economy

The draft law sets out provisions to control conflicts of interest when commercial banks act as agents managing collateral for corporate bonds. In this regard, Deputy Le Van The of Ninh Binh province said he supported the move, noting that it could provide a more professional approach to collateral management and help strengthen investor confidence if properly regulated.

A company in Da Nang operates a customer relationship management system supported by AI chatbots. (Photo: VNA)

AI drives rise of sleepless enterprises in Vietnam

The concept of a sleepless enterprise does not necessarily mean making employees stay on the job all the time. Instead, it's about building intelligent systems that can respond to customers, process transactions, monitor operations, analyse data and flag risks continuously.

Head of the Vietnam Trade Office in Australia Tran Thi Thanh My (Photo: VNA)

Vietnam, Australia eye 20 bln USD trade target

The head of the Vietnam Trade Office in Australia hoped that the visit by Party General Secretary and State President To Lam will mark a new milestone, opening the door for firms on both sides to forge stronger links and launch concrete cooperation agendas, helping hit that 20 billion USD trade goal sooner rather than later.