Reference exchange rate down 11 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,104 VND/USD on November 15, down 11 VND from the rate on the last working day of previous week (November 12).
Reference exchange rate down 11 VND at week’s beginning ảnh 1The State Bank of Vietnam sets daily reference exchange rate at 23,104 VND/USD on November 15. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchangerate at 23,104 VND/USD on November 15, down 11 VND from the rate on the lastworking day of previous week (November 12).

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,797 VND/USD andthe floor rate 22,410 VND/USD.

The opening-hour rate at commercial banks sawslight fluctuations.

At 8:25 am,Vietcombank listed the buying rate at 22,520 VND/USD and the selling rate at 22,750VND/USD, both up 5 VND from November 12.

Meanwhile, BIDV kept both rates unchanged at 22,545 VND/USD (buying) and 22,745 VND/USD (selling).

Last week (November8-12), the reference exchange rate followed a downward trend in the first threedays, then turned around to go up on Thursday and went down again on Friday. Itended the week 8 VND lower than the rate on Monday./.
VNA

See more

As of the end of March, nearly two million households and individual business owners nationwide were still paying taxes under the lump-sum method. (Photo: VNA)

Abolishing presumptive tax ensures greater fairness and transparency: experts

Under the Politburo's Resolution 68-NQ/TW, the presumptive tax model is to be completely phased out by 2026. The goal is to narrow the financial and accounting gap between household businesses and micro or small enterprises, and to gradually transition household businesses into entities with proper governance structures.

The 2025 Vietnam International Electronics and Smart Appliances Expo (IEAE) will be held in HCM City from May 29 to 31. (Illustrative photo: ieae.com.vn)

HCM City to host int'l electronics, smart appliances expo

Spanning over 10,000 s.q.m, the exhibition will gather more than 350 enterprises from Vietnam and China. It will showcase a wide range of products across the consumer electronics and smart home appliance sectors, offering direct access to manufacturers and promoting trade links.

A wide range of Chinese products are on display at the China Homelife Vietnam 2025 being held at the Saigon Exhibition and Convention Centre from May 14 to 16. (Photo: VNA)

China Homelife exhibition opens in HCM City

A highlight of the event is the VIP Buyer Programme, tailored exclusively for strategic buyers and senior executives, which offers priority access to exhibitors, personalised matchmaking services, private meeting spaces, and premium networking areas.

Visitors at the exhibition (Photo: VNA)

Nearly 900 enterprises join Vietbuild Da Nang 2025

Running from May 14 to 18, Vietbuild Da Nang 2025 serves as a platform to showcase new products, cutting-edge technologies, and international brands in the construction, building materials, real estate, and décor industries.

Delegates at the opening ceremony of the Top Thai Brands 2025 on May 14 in HCM City. (Photo: VNA)

Thailand showcases top brands at HCM City trade fair

The event is expects to welcome some 60,000 visitors during the course of four days. It features sectors such as food and beverages, beauty and wellness, home appliances, fashion, car and motorbike parts, and tourism.

Illustrative image (Photo: Internet)

VinSpeed proposes 61.35 billion USD investment for North–South high-speed railway

VinSpeed commits to mobilising 20% of the total capital, equivalent to 12.27 billion USD. For the remaining 80%, excluding costs related to compensation, relocation support, and resettlement for land clearance, the company proposed borrowing from the state budget, through zero-interest loans, repayable over a 35-year period from the disbursement date.

Vietnamese Ambassador to the UK Do Minh Hung (L) address the roundtable discussion. (Photo: VNA)

Vietnam, UK boost agricultural trade ties

The UK, with an annual agri-food import value of 67 billion USD, is seen as a high-potential market. In 2024, Vietnam’s agri-export turnover to the UK reached nearly 883 million USD, a 15.4% year-on-year increase.