Business

Reference exchange rate down 21 VND on August 5

At 8:20 am, the opening-hour rates at major commercial banks saw decreases.

Reference exchange rate down 21 VND on August 5 (Photo: VNA)
Reference exchange rate down 21 VND on August 5 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange at 25,219 VND/USD on August 5, down 21 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,480 VND/USD and the floor rate 23,958 VND/USD.

At 8:20 am, the opening-hour rates at major commercial banks saw decreases.

Both Vietcombank and BIDV listed the buying rate at 26,010 VND/USD and the selling rate at 26,370 VND/USD, down 20 VND from the August 4 morning session./.

VNA
#State Bank of Vietnam #VND/USD exchange rate #USD prices #commercial banks
Follow VietnamPlus

Related News

See more

Officers of the Hon Gai port border gate guard station coordinate inspections and handle vessels engaged in illegal fishing activities in Ha Long Bay. (Photo: Quang Ninh Newspaper)

Quang Ninh province strengthens fishing vessel controls

In the coming period, Quang Ninh will continue to implement government and ministerial directives on combating IUU fishing, contributing to efforts to meet the EC’s recommendations and move toward the lifting of the yellow card warning against Vietnam’s seafood exports.

The draft is designed to implement a plan to simplify business regulations for banks, in line with the Government's Resolution No. 66/NQ-CP. (Photo: VNA)

SBV plans to simplify business regulations for banks

Under a draft circular to replace Circular 32/2024/TT-NHNN, now open for public comment, many administrative procedures for establishing and relocating commercial bank branches and transaction offices will be significantly shortened.

Illustrative image (Photo: VNA)

Vietnam consolidates position as one of Asia’s economic bright spots

Next year, Vietnam is expected not only to maintain a high growth rate relative to the region but also to further reinforce its status as one of Asia’s economic bright spots thanks to macroeconomic stability, a dynamic domestic market, and a clear orientation towards attracting strategic investments.

Many vessels have installed additional vessel monitoring systems to ensure uninterrupted information connectivity with shore-based stations during fishing trips. (Photo: VNA)

Decisive moment of fight against IUU fishing violations

Under the close direction of the Prime Minister, coastal localities nationwide, particularly in central Vietnam, are urgently implementing assigned tasks with clear schedules and milestones, delivering tangible weekly progress.

Prime Minister Pham Minh Chinh speaks at the 26th meeting of the National Steering Committee for Combating Illegal, Unreported and Unregulated (IUU) Fishing. (Photo: VNA)

Local leaders must be held accountable for IUU fishing violations: PM

PM Chinh requested the Government Inspectorate to promptly identify localities that lack determination or fail to handle violations thoroughly, including cases where vessels not meeting legal requirements are still allowed to leave ports, and to clarify responsibilities and impose sanctions without delay.

The ribbon-cutting ceremony marking the export of C.P. Vietnam's first container shipment to Singapore. (Photo: VNA)

C.P. Vietnam exports first processed chicken batch to Singapore

The CPV Food Binh Phuoc plant operates a closed-loop system and holds international certifications, including HACCP, BRC, ISO 22000, and Halal. Before reaching Singapore, the company’s processed chicken was already exported to Japan, Hong Kong (China), Cambodia, and Laos, with Japan alone importing 10,000 tonnes by November 2025.

Delegates visit a booth at the exhibition (Photo: VNA)

HanoiTex & HanoiFabric 2025 kicks off

Running until December 18, HanoiTex & HanoiFabric is expected to contribute to sustainable development and stronger international integration of Vietnam’s textile and garment industry.

The thematic session on finance and banking of the Viet­nam Eco­nomy in 2025 and Pro­spects in 2026 Forum (VEPF). (Photo: VNA)

Vietnam economic forum 2025: balancing high growth and sustainability

At the thematic session on finance and banking, delegates focused on solutions for financial resources and eco­nomic growth tar­gets in the 2026-2030 period. The effective mobilisation of financial resources was identified as a key prerequisite for Vietnam to realise its target of double-digit economic growth during this phase.

Local residents and visitors tour and shop at a fair. (Photo: VNA)

Made in Vietnam Fair set to open in Hanoi

The Made in Vietnam Fair will showcase a wide range of products, including industrial and consumer goods, processed foods, agricultural produce and handicrafts, with the participation of distribution systems, e-commerce platforms, digital platforms and digital financial solution providers operating in Vietnam.