Reference exchange rate down 15 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,161 VND/USD on August 1, down 15 VND from the last working day of the previous week.
Illustrative photo (Source: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,856 VND/USD and the floor rate 22,466 VND/USD.
The opening-hour rates at many commercial banks also dropped.
Vietcombank listed the buying rate at 23,170 VND/USD and the selling rate at 23,480 VND/USD, both down 30 VND from July 29.
BIDV also cut both rates by 35 VND, listing at 23,195 VND/USD (buying) and 23,495 VND/USD (selling)./.
You should also see
Vuong Dinh Hue permitted to cease holding positions, working
The 13th Party Central Committee on April 26 agreed to let Vuong Dinh Hue cease holding the positions of Politburo member, member of the 13th Party Central Committee, and Chairman of the 15th National Assembly (NA) in the 2021 - 2026 tenure.
See more
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
