Business

Reference exchange rate down 1 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,619 VND/USD on March 19, down 1 VND from the last working day of previous week (March 17).
Reference exchange rate down 1 VND at week’s beginning ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The State Bank of Vietnam set thedaily reference exchange rate at 23,619 VND/USD on March 19, down 1 VND fromthe last working day of previous week (March 17).

With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 24,800 VND/USD andthe floor rate 22,438 VND/USD.

The opening hour rates at commercial banksfollowed an upward trend.

At 9:15am, BIDV listed the buying rate at 23,450 VND/USD, andthe selling rate at 23,750 VND/USD, both up 30 VND from the end of March 17.

Vietcombank kept both rates unchanged at 23,380VND/USD (buying) and 23,750 VND/USD (selling).

During the week from March 13-17, the dailyreference exchange rate was adjusted down on the first two days and up on thefollowing two before turning around to go down on Friday. It ended the weekdown 18 VND from the rate at the beginning of the week./
VNA
#State Bank of Vietnam #ceiling rate #commercial banks #VND/USD #reference exchange rate #Vietnam #VietnamPlus #Vietnam news
Follow VietnamPlus

Related News

Reference exchange rate up 1 VND

Reference exchange rate up 1 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,619 VND/USD on March 15, up 1 VND from the previous day.
Reference exchange rate up 3 VND

Reference exchange rate up 3 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,622 VND/USD on March 16, up 3 VND from the previous day.

See more

Yen Huong Xua company introduces solutions to combat counterfeit and imitation goods (Photo: VNA)

Fight against counterfeit goods fostered amid rising digital-era fraud

Dr. Bui Van Quyen, Director of the Anti-Commercial Fraud and Counterfeiting Institute, warned that counterfeit goods have become a global challenge, exacerbated by the rise of online platforms and digital technologies. While these innovations drive economic growth, they also create fertile ground for fraudulent activities.

The fuel storage tank area of the Nghi Son Refinery and Petrochemical Plant is located in the Nghi Son Economic Zone in Nghi Son ward, Thanh Hoa province. (Photo: VNA)

Nghi Son refinery receives over 950,000 barrels of Congo crude oil

Diversifying crude oil supply sources is considered crucial for Nghi Son Refinery and Petrochemical LLC (NSRP) in ensuring stable feedstock supplies and safeguarding domestic fuel supply, particularly as traditional crude imports from Kuwait have been affected by tensions in the Middle East.

Production of electronic components at Star Engineers Vietnam Co., Ltd. in Binh Xuyen I Industrial Park, Phu Tho province (Photo: VNA)

Vietnam looks to expand fiscal space to support double-digit growth

Experts emphasise that fiscal policy should move beyond a supportive role to actively lead growth. Continued and selectively expanded tax and fee reductions could directly ease cost pressures on businesses, enabling them to sustain operations and expand investment.

Ngo Quang Hung, representative of the Vietnam Trade Office in Malaysia, introduces Vietnamese products at the Melaka International Halal Fair, held from May 16-19, 2026. (Photo: VNA)

Vietnam, Malaysia promote smart business connectivity

Malaysia is paying close attention to Vietnam’s Doi Moi (Renewal) reforms, particularly in land policies, rice production technologies and seafood industry development, as both sides seek to expand practical cooperation.

The exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system. (Photo congly.vn)

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.

Le Son Phong, Deputy Director of the Da Nang Department of Science and Technology, speaks at the press conference announcing the Da Nang Venture and Angel Summit 2026. (Photo: VNA)

Da Nang to host international venture capital forum later this month

Le Son Phong, Deputy Director of the Da Nang Department of Science and Technology, said DAVAS 2026 is not merely an investment-matching event for startups, but also demonstrates the city’s commitment to promoting innovation, developing the knowledge-based economy and creating a favourable environment for technology enterprises and startups.

Visitors explore southern Vietnam's products (Photo: vNA)

Vietnam, Cambodia boost supply chain connectivity

Total two-way trade neared 10.1 billion USD in 2024, up 17.5% year-on-year and jumping to more than 11 billion USD in 2025. Vietnam’s key exports to Cambodia include apparel, iron and steel, petroleum, machinery and equipment, chemicals, and processed food. Its main imports are cashew nuts, rubber, farm produce, and industrial raw materials.

Cao Thanh Dinh, founder and CEO of ANPz Co., Ltd (All Nippon Partners) in Japan (Photo: VNA)

Resolution 68 boosts investor confidence in Vietnam’s long-term outlook

Cao Thanh Dinh, Founder and CEO of ANPz Co., Ltd (All Nippon Partners) in Japan, said that after one year of implementation, Resolution No. 68-NQ/TW of the Politburo on private sector development has sent a positive signal to investors by affirming the private sector as a key driver of sustainable and long-term development.

To promote the local lychee brand, expand consumption markets and enhance the fruit's value, Bac Ninh province is organising various trade promotion activities and experiential tourism programmes during the 2026 lychee season. (Photo: VNA)

Bac Ninh promotes lychee tourism with 36 model orchards

According to the Bac Ninh Centre for Culture and Tourism Promotion, the orchards must comply with VietGAP, GlobalGAP or organic production standards while offering suitable conditions for experiential tourism activities. They are also required to connect with nearby tourist attractions, craft villages and historical sites to form integrated tour routes.

Ha Long-Mong Cai Expressway (Illustrative photo: VNA)

Quang Ninh takes lead in public investment disbursement

As of May 13, the northern province had disbursed more than 5.64 trillion VND (213.9 million USD) in public investment capital, fulfilling 24.2% of its annual target and 54% of its disbursement target of 10.56 trillion VND for the year's first half.