Reference exchange rate down 10 VND on April 28
The State Bank of Vietnam set the daily reference exchange rate at 23,262 VND per USD on April 28, down 10 VND from the previous day.
Transactions at Vietcombank (Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,262 VND per USD on April 28, down 10 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,960 VND/USD and the floor rate 22,564 VND/USD.
The opening hour rates at commercial banks saw sharp decreases.
At 8:25 am, Vietcombank cut both rates by 30 VND, listing the buying rate at 23,340 VND/USD, and the selling rate at 23,550 VND/USD.
BIDV was listing the buying rate at 23,365 VND/USD and the selling rate at 23,545 VND/USD, both down 30 VND from April 27.
Meanwhile, at Techcombank, both the rates went down by 27 VND to 23,353 VND/USD (buying), and 23,553 VND/USD (selling)./.
You should also see
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
See more
Business
Vietnam an attractive destination for electronics, semiconductor investors: Official
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
Business
Lam Dong strives to develop tea industry towards sustainable development
The Central Highlands province of Lam Dong aims to develop its tea industry to 2030 towards sustainable development by improving efficiency and fostering links between tea production, processing, and consumption. The province is also striving to replace aging tea plantations with high-quality tea varieties to enhance productivity.
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
