Business

Reference exchange rate revised down 7 VND on November 1

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,138 VND per USD on November 1, down 7 VND from the previous day (October 31).
Reference exchange rate revised down 7 VND on November 1 ảnh 1Illustrative image (Source: VNA)

Hanoi(VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rateat 23,138 VND per USD on November 1, down 7 VND from the previous day (October31).

With the currenttrading band of  +/- 3 percent, the ceiling rate applied to commercial banksduring the day is 23,833 VND per USD and the floor rate at 22,443 VND/USD.

The opening hourrates at some commercial banks saw fluctuations.

At 8:20 am,Vietcombank listed the buying rate at 23,120 VND/USD and the selling rate at23,270 VND/USD, both up 5 VND as compared to the same time on October 31.

BIDV reduced bothrates by 10 VND, with the buying rate listed at 23,140 VND/USD and the sellingrate at 23,260 VND/USD.

Meanwhile,Techcombank cut both rates by 1 VND, listing the buying rate at 23,131 VND/USDand the selling rate at 23,271 VND/USD./.
VNA
#State Bank of Vietnam (SBV) #daily reference exchange rate #trading band #ceiling rate #commercial banks #floor rate #Vietcombank #BIDV #Techcombank #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Exchange rate down 3 VND on October 29

Exchange rate down 3 VND on October 29

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,149 VND per USD on October 29, down 3 VND from the previous day (October 28).
Reference exchange rate down 4 VND

Reference exchange rate down 4 VND

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,145 VND per USD on October 30, down 4 VND from the previous day.

See more

Vice Chairman of the Ho Chi Minh City People’s Committee Hoang Nguyen Dinh delivers remarks at the working luncheon themed “Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) – Vision and Investment Opportunities”. (Photo: VNA)

Ho Chi Minh City strengthens global engagement at WEF Davos 2026

Vice Chairman of the Ho Chi Minh City People’s Committee Hoang Nguyen Dinh presented the city’s strategic vision, policy orientation and development priorities for building a modern, transparent and globally connected finance – technology ecosystem, with science – technology, data, artificial intelligence and fintech identified as core pillars.

The VSS reported that total accumulated reserves across the social, health, and unemployment insurance funds now top 1.5 quadrillion VND. (Illustrative photo: VNA)

VSS pledges tighter fund management, diversified investments

The VSS will also impose stricter financial discipline in fund management, while pursuing broader diversification of investment portfolios, as guided by the principle of “safety, sustainability, and efficiency”. This approach aims to secure strong liquidity for prompt benefit payouts and support growth in Vietnam’s capital markets and overall economy.

The ceremony unveiling AFT Connect portal (Photo: nhandan.vn)

AFT Connect portal links Vietnamese clean food producers

The platform is expected to serve as shared digital backbone enabling stakeholders in the clean food sector to gradually digitise, standardise, and publicly disclose information, ultimately aiding the fight against unsafe products and protecting consumer interests.

A Vietcombank employee guides a client in biometric process (Photo: qdnd.vn)

Vietnam's biometric surge powers digital banking overhaul

As the Party identified breakthroughs in science – technology and innovation as a key driver of national progress, the mastery and adoption of biometric technologies must go hand in hand with safeguarding public trust, data security, and citizens’ interests, all aligned with the people-first philosophy guiding the country's digital agenda.

A spring fair kicks off in the central Da Nang city on January 22, 2026 (Photo: VNA)

Da Nang 2026 spring fair features 200 booths

The fair features a diverse range of products and services, focusing on items for Tet such as food and beverages, regional specialties, OCOP products, and rural and industrial goods; fashion, footwear, cosmetics, and sports equipment; health care products and beauty services; household items, interior and exterior décor, and handicrafts; as well as equipment, technology, and services in sectors like electronics, automobiles, and telecommunications.

The Ministry of Finance is working to establish a mechanism for regular and ongoing dialogue with international credit rating agencies, including Fitch, Moody’s and S&P. (Illustrative image: VNA)

Fitch Ratings upgrades Vietnam’s senior secured long-term debt rating to BBB-

The rating for Vietnam’s secured long-term debt was raised to BBB-, equivalent to investment grade, one notch higher than the country’s long-term foreign-currency rating on unsecured debt, which remains at BB+. The upgrade followed Fitch’s review under its revised Sovereign Rating Criteria issued in last September, said the Ministry of Finance.

A view of the site where the Ninh Thuan 1 Nuclear Power Plant is located in Phuoc Dinh commune, Khanh Hoa province (Photo: VNA)

Nuclear experts urge century-long commitment at 14th Party Congress

VietNuc’s executive board, including Chairman Bui Nguyen Hoang from the Électricité de France SA (EDF) (EDF), Ung Quoc Hung from Setec Nucléaire Group, and Vu Minh Ngoc from French National Radioactive Waste Management Agency Andra, hoped that the Congress would refine mechanisms and policies to better tap OV nuclear talents.

Ahmad Haikal Hasan, Head of the Halal Product Assurance Organising Agency (BPJPH) of Indonesia, speaks at the seminar (Photo: VNA)

Indonesia ready to cooperate with Vietnam in halal sector

Ahmad Haikal Hasan, Head of the Halal Product Assurance Organising Agency (BPJPH) of Indonesia, described Vietnam as a “potential supplier” of halal products with the capacity to play a larger role in the market, particularly in the fast-moving consumer goods (FMCG) sector. He revealed a plan to visit Vietnam next week to discuss the country’s progress in the global halal industry.