Business

Reference exchange rate continues to climb

The daily reference exchange rate was raised by another 15 VND to 22,655 VND/USD on June 28.
Reference exchange rate continues to climb ảnh 1Reference exchange rate continues to climb. (Photo: VNA)

Hanoi (VNA) - The daily reference exchange rate was raised byanother 15 VND to 22,655 VND/USD on June 28.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,333 VND/USD and the floor rate 21,979 VND/USD.

However, the opening hour rates dropped at some commercial banks.

Vietcombank cut both rates by 5 VND, listing the buying rate at 22,900VND/USD and the selling rate at 22,970 VND/USD.

The rates at BIDV were slashed by 15 VND to 22,905 VND/USD (buying) and22,975 VND/USD (selling).

On the contrary, Techcombank further raised its listed rates by 10 VNDto 22,880 VND/USD (buying) and 22,980 VND/USD (selling).

Both the daily reference exchange rate and listed VND/USD rates at bankshave been on a rising trend since last week.

The SBV said it will manage thereference rate flexibly in conformity with developments of the market, and willalso scale up foreign reserves when necessary.-VNA
VNA
#reference exchange rate #exchange rate #VND/USD #commercial banks #State bank of vietnam #Vietcombank #Techcombank #BIDV #news on Vietnam #Vietnam news #Vietnam #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

Reference exchange rate revised up

Reference exchange rate revised up

The daily reference exchange rate was adjusted up on June 26, being set at 22,625 VND/USD, an increase of 10 VND from the previous day.

See more

Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM sees global tensions as chance to reshape economy

The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.

Prime Minister Pham Minh Chinh chairs a national teleconference to review the fight against smuggling, trade fraud, counterfeit goods, and intellectual property rights infringement. (Photo: VNA)

Prime Minister chairs national teleconference on fight against counterfeit goods

He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.

Producing electronic components for export at Tu Ha Industrial Park, Huong Tra township, Hue city. (Photo: VNA)

Vietnam becomes Singapore's 8th largest export market

Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.

The dialogue spotlights the enduring role of public-private partnerships in shaping and advancing Vietnam-US relations over the past three decades. (Photo: VNA)

Dialogue talks role of public-private partnership in Vietnam-US relations

Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.

The Tan Thuan Export Processing Zone is connected to Tan Thuan Port, forming a manufacturing–export ecosystem for Ho Chi Minh City. (Photo: VNA)

HCM City industrial parks set 20 billion USD investment target for 2025–2030

According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.

Pharmaceutical production at a company in Vietnam. (Photo: VNA)

Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.

Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.

The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.