Reference exchange rate down 5 VND on August 27
The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on August 27, down 5 VND from the previous day.
The State Bank of Vietnam sets the daily reference exchange rate at 23,208 VND per USD on August 27 (Source: VNA)Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on August 27, down 5 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,904 VND/USD and the floor rate, 22,512 VND/USD.
The opening hour rates at commercial banks stayed stable.
At 8:20 am, Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, both unchanged from August 26.
BIDV added 5 VND to both rates, listing the buying rate at 23,090 VND/USD and the selling rate at 23,270 VND/USD
Meanwhile, Techcombank cut both rates by 3 VND, listing at 23,065 VND/USD (buying) and 23,265 VND/USD (selling)./.
You should also see
Vietnam attends international security meeting in Russia
A Vietnamese delegation led by Minister of Public Security General To Lam is attending the 12th International Meeting of High Representatives for Security Issues in Russia’s St. Petersburg city from April 23-25.
See more
Business
Forum seeks to increase PPP investment effectiveness
Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Business
Remittance inflows expected to quench real estate sector’s thirst for capital: Experts
Amid a “thirst” for capital of real estate businesses, the strong inflow of remittances is expected to heat up the market again, held insiders.
Business
Dong Nai province ready to ride Japanese investment wave
The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
