Business

Reference exchange rate down 6 VND on May 21

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,962 VND/USD on May 21, down 6 VND from the previous day.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,962 VND/USD on May 21, down 6 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,210 VND/USD and the floor rate 23,714 VND/USD.

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

Both Vietcombank and BIDV listed the buying rate at 25,780 VND/USD and the selling rate at 26,140 VND/USD, up 20 VND from the May 20 morning session./.

VNA
#Reference exchange rate #Vietnam #commercial bank
Follow VietnamPlus

Related News

See more

Illustrative image (Photo: VNA)

Vietnam’s property prices to remain stable next year

In 2026, the outlook is expected to improve further, and analysts do not foresee a return of widespread price surges. Dr Can Van Luc, Chief Economist at BIDV, said the market is moving from a phase of “technical recovery” to “structural stabilisation”.

A view of the Hoa Lac Hi-tech Park in Hanoi (Photo: VNA)

Hanoi seeks to boost investment, business in hi-tech parks, IZs

In 2025, Hanoi’s high-tech parks and IZs posted strong performance, with estimated revenue of 12.14 billion USD, contributing about 19.12% to the city’s GRDP, while budget contributions reached 450 million USD and export turnover amounted to 7.42 billion USD.

Sun PhuQuoc Airways launches its first flights on November 1, 2025. (Photo: Sun Group)

The aviation ecosystem game: Can Sun Group Win?

These are among the most notable assessments made by the Centre for Aviation (CAPA) – the world’s leading aviation data and analytics platform – when evaluating the development prospects of Phu Quoc in the coming years.

A nuclear reactor at the DaLat Nuclear Research Institute (Photo: VNA)

New decree sets roadmap for nuclear infrastructure and workforce development

The decree also covers simulation systems and databases for radiation safety, nuclear safety and nuclear security; specialised computational software for safety assessment; monitoring and command-and-control systems for responding to radiation and nuclear incidents; as well as design documentation, technical manuals, prototype products and other related facilities and equipment.

Hanoi's market surveillance team 2 inspects a shop in Hong Ha ward on July 14. (Photo: VNA)

Growing e-commerce market sees tougher fight against counterfeits

The local e-commerce market has surpassed 30 billion USD this year, recording growth of 25% and accounting for two-thirds of the value of the digital economy. However, this rapid growth has also brought about serious consequences, particularly the widespread proliferation of counterfeit and imitation goods and trade fraud.

The interest rate policy has been adjusted in line with market movements to ensure system liquidity and reduce capital costs. (Photo: VNA)

Banking sector anchors macroeconomic stability, setting stage for new growth cycle

Throughout 2025, the State Bank of Vietnam (SBV) has reaffirmed its role as the central regulatory authority in managing monetary policy, stabilising the financial market, and maintaining macroeconomic balance. Closely monitoring international and domestic economic trends, the SBV steered the monetary policy proactively while closely coordinating with the fiscal policy to achieve the dual objective of controlling inflation and supporting growth.

Professor Reena Marwah from the University of Delhi, and Secretary-General of the Association of Asia Scholars. (Photo: VNA)

Vietnam – A rising star in Asia: Indian professor

Vietnam’s projected GDP growth of around 8% in 2025 shows that its economy is on an impressive growth trajectory, driven by multiple reinforcing engines, said Professor Reena Marwah from the University of Delhi, and Secretary-General of the Association of Asia Scholars (AAS).

Harvesting jackfruit (Photo: VNA)

China to allow import of Vietnamese fresh jackfruits from June 1, 2026

To ensure smooth customs clearance, all orchards and packing facilities participating in exports must be registered and approved by competent authorities of both countries. The list of approved entities granted export codes will be published and regularly updated on the GACC website.