Business

Reference exchange rate continues going up on February 27

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,696 VND/USD on February 27, up 28 VND from the previous day.

Reference exchange rate continues going up on February 27 (Photo: VNA)
Reference exchange rate continues going up on February 27 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,696 VND/USD on February 27, up 28 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,931 VND/USD and the floor rate 23,461 VND/USD.

At major commercial banks, the opening-hour rates remained stable.

At 8:20am, both Vietcombank and BIDV listed the buying rate at 25,350 VND/USD and the selling rate 25,710 VND/USD, unchanged from the February 26 morning session./.

VNA
#State Bank of Vietnam #VND/USD exchange rate #USD rate
Follow VietnamPlus

Related News

See more

The Vietnam International Sourcing Expo 2026 is scheduled to take place at the Saigon Exhibition and Convention Centre in Ho Chi Minh City from September 3 to 5. (llustrative photo: VIS)

Expo to open door for Vietnamese suppliers to enter US market

US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.

A working team from Coast Guard Region 2 Command inspects fishing licences and vessel monitoring system and guides fishermen on compliance with IUU fishing regulations. (Photo: VNA)

Da Nang city tightens controls to prevent IUU fishing violations

The city’s authorities are tightening inspections and controls to prevent fishing vessels from violating IUU regulations, particularly in foreign waters, as part of efforts to help Vietnam have the European Commission’s “yellow card” warning lifted.

Vietcombank has launched a 50 trillion VND (1.9 billion USD) credit package to provide preferential financing to businesses, particularly small and medium-sized enterprises (SMEs), priority sectors and new growth drivers of the economy (Photo published by Bnews/VNA)

More preferential credit available to businesses

Under SBV requirements, commercial banks are to provide Vietnamese-dong loans to SMEs and growth-driving sectors at rates at least 1 percentage point per year lower than their average rates for loans of the same maturity. They are also required to consider waiving or reducing service fees for eligible customers in line with regulations and their financial capacity.

Delegates at the Vietnam-UK High-Level Conference 2026. (Photo: moit.gov.vn)

Vietnam, UK seek new growth drivers in technology, logistics

British Ambassador to Vietnam Iain Frew highlighted the importance of strengthening bilateral cooperation as Vietnam - UK relations have been upgraded to a Comprehensive Strategic Partnership. He said technology, finance, innovation and digital transformation are opening up new opportunities for cooperation, enabling businesses from both countries to connect, share experience and explore investment and business opportunities.

The Ngoc Hoi interchange project in Tay Nha Trang ward, Khanh Hoa province, with some items yet to be completed (Illustrative photo: VNA)

Over 60% of long-stalled projects have obstacles resolved

Of the 8,002 long-stalled projects, 4,938 completed the settlement of obstacles in line with conclusions of the Party Central Committee and resolutions of the National Assembly and Government, as well as relevant Government decrees and guiding documents as of July 20, up 564 projects from the previous month.

The Vietnam National Railway Group will operate as a multi-sector economic group, with its business portfolio expanded to 110 sectors. (Photo: VNA)

Vietnam Railways Corporation becomes Vietnam National Railway Group

The group inherits all rights, obligations and responsibilities of the Vietnam Railways Corporation in accordance with the laws on railways, enterprises, and management and investment of state capital in enterprises, and other relevant legal provisions, as well as existing agreements, documents and contracts signed with related parties in accordance with the law.

Coffee production process at Ngon Avatar Co., Ltd. meets the requirements for official exports to New Zealand and several European markets. (Photo: VNA)

Vietnam, New Zealand seek new impetus for trade ties

The state visit to New Zealand by General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam is expected to provide fresh impetus for market opening, removal of trade barriers and stronger economic links following the elevation of bilateral relations to a Comprehensive Strategic Partnership in February 2025.