Reference exchange rate down 1 VND on August 25
The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND per USD on August 25, down 1 VND from the previous day.
The daily reference exchange rate was set at 23,211 VND per USD on August 25 (Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND per USD on August 25, down 1 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,907 VND/USD and the floor rate, 22,515 VND/USD.
The opening hour rates at commercial banks stayed stable.
At 8:20 am, Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, both unchanged from the previous day.
BIDV added 5 VND to both rates, listing at 23,090 VND/USD (buying) and 23,270 VND/USD (selling).
Meanwhile, Techcombank cut both rates by 2 VND, offering 23,068 VND/USD (buying) and 23,268 VND/USD (selling)./.
You should also see
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
See more
Business
Remittance inflows expected to quench real estate sector’s thirst for capital: Experts
Amid a “thirst” for capital of real estate businesses, the strong inflow of remittances is expected to heat up the market again, held insiders.
Business
Dong Nai province ready to ride Japanese investment wave
The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
Business
Vietnam seeks to remove obstacles in upgrade of securities market
The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
