Reference exchange rate down 21 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,175 VND/USD on December 10, down 21 VND from the previous day.
Illustrative image. (Photo: VNA)With the current trading band of /-3 percent, the ceiling rate applicable to commercial banks during the day is 23,870 VND/USD and the floor rate 22,479 VND/USD.
The opening-hour rates at commercial banks saw strong fluctuations.
At 8:35 am, Vietcombank listed the buying rate at 22,830 VND/USD, down 41 VND from December 9, and the selling rate at 23,100 VND/USD, down 75 VND.
Meanwhile, BIDV raised both rates by 50 VND to 22,860 VND/USD (buying) and 23,100 VND/USD (selling).
During the week from December 6-10, the daily reference exchange rate followed an upward trend for the first three days before turning around to drop on the last two days. It ended the week up 10 VND./.
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
Business
Dak Lak firm pioneers in following EUDR in coffee production
The Dak Lak September 2 Import-Export Company Limited (Simexco) has pioneered in building coffee growing areas following the EU Deforestation Regulation (EUDR), it announced on April 25.
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Business
Vietnam ranks fifth among aquatic product suppliers for Singapore
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Business
Forum seeks ways to boost exports amid external challenges
Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.
Business
Enterprises want clearer regulations on seafood production
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
