Business

Reference exchange rate follows downward trend from previous week

The State Bank of Vietnam set the daily reference exchange rate at 23,162 VND/USD on January 13, down 4 VND from the last working day of previous week (January 10).
Reference exchange rate follows downward trend from previous week ảnh 1The State Bank of Vietnam set the daily reference exchange rate at 23,162 VND/USD on January 13, down 4 VND from the last working day of previous week (January 10). (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchangerate at 23,162 VND/USD on January 13, down 4 VND from the last working dayof previous week (January 10).

With the currenttrading band of +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,856 VND/USD and the floor rate22,467 VND/USD.

The opening hour ratesat most commercial banks stayed stable.

At 8:15 am, Vietcombank listed the buying rate at 23,080 VND/USD and the sellingrate at 23,230 VND/USD, unchanged from the same time on January 10.

At BIDV, both rateshave been kept unchanged for many days, with the buying rate listed at 23,110VND/USD and the selling rate at 23,230 VND/USD.

Techcombank added 1VND to both rates, with the buying rate listed at 23,095 VND/USD and the selling rate at 23,235 VND/USD.

During the week fromJanuary 6 to 10, the daily reference exchange rate was adjusted up on Monday,Tuesday and Thursday and down on Wednesday and Friday. Overall, the rate endedthe week lower than at the week’s beginning by 1 VND.

The rates atcommercial banks remained stable for most of the week./.
VNA
#State Bank of Vietnam #daily reference exchange rate. VND/USD #trading band #ceiling rate #floor rate #commercial banks #selling rate #buying rate #vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Bank lending rates expected to fall in 2020

Bank lending rates expected to fall in 2020

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.
Reference exchange rate up 7 VND

Reference exchange rate up 7 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,174 VND/USD on January 7, up 7 VND from the previous day.

See more

A Korea-invested company in Hue city, Vietnam (Photo: VNA)

Foreign investors show strong confidence in Vietnam’s long-term investment potential

While concerns over tariffs are real and may lead some foreign investors to take a more cautious approach in disbursing capital, especially for large-scale and long-term projects, Vietnam still holds significant advantages in attracting FDI thanks to a favourable business environment and, most importantly, the Government’s strong commitment to supporting investors.

Deputy Minister Nguyen Hoang Long, Minister of State Douglas Alexander, and representatives from ministries and the embassies of both countries pose for a group photo at the 14th JETCO meeting. (Photo: VNA)

Vietnam, UK boost economic, trade ties

Over the past decade, trade and investment relations between Vietnam and the UK have made remarkable strides. On trade, the two countries have implemented the UKVFTA for more than four years, and most recently, the UK’s accession as the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has further strengthened bilateral cooperation.

Workers assemble parts on an automotive production line in HCM City. The city’s industrial sector is showing strong signs of recovery. (Photo: moit.gov.vn)

HCM City sees strong recovery in industrial production

HCM City's 23 industries – including printing and media reproduction, furniture manufacturing, non-metallic mineral products, motor vehicles, electrical equipment, clothing and electronic and optical products – reported higher output in the first half of 2025.

Workers pack cashew nuts at Duc Thinh production and trading co., ltd., former Binh Phuoc province (Photo: VNA)

Vietnam targets 4.5 billion USD in cashew exports for 2025

Figures from the first six months show cashew exports reached 346,800 tonnes, earning 2.36 billion USD, a drop of 2.7% in volume but a surge of 20.4% in value annually. The rise was largely attributed to a significant increase in export prices, which helped offset lower shipment volumes.

The Hai Phong City Convention and Performance Centre is one of the venues for ABAC III. (Photo: VNA)

Hai Phong expects strong wave of investment from APEC member economies

Hai Phong will present investment registration certificates for 32 projects and sign seven Memoranda of Understanding, with total committed capital exceeding 15.6 billion USD. These projects include investments from Europe and the US, reflecting the growing interest of global investors in the city's business environment and development potential.

The ongoing administrative reforms are expected to expand the real estate sector's appeal to investors. (Photo: VNA)

Institutional reforms open new investment frontier for realty sector

Assessing the impact of the new model, Director at Savills Vietnam’s Advisory Services Do Thi Thu Giang said that the deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency.

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva and representatives of St. Gallen Endowment. (Photo: VNA)

Vietnam boosts cooperation with St. Gallen Endowment of Switzerland

Minister Counsellor Pham Quang Huy, deputy head of Vietnam's Permanent Mission to Geneva, has recently held a working session with representatives of the St. Gallen Endowment to boost cooperation between Vietnam and the Swiss fund, as part of his attendance at a seminar in Geneva on risk levels and countries’ trade responses to rising tariffs.