Business

Reference exchange rate revised down

The State Bank of Vietnam revised the daily reference exchange rate for VND/USD down by 8 VND to 22,459 VND on October 11.
Reference exchange rate revised down ảnh 1Illustrative image (Source: VNA)

Hanoi​ (VNA) - The State Bank ofVietnam revised the daily reference exchange rate for VND/USD down by 8 VND to22,459 VND on October 11.

With the current trading band of  +/-3percent, the ceiling rate applied to commercial banks during the day is 23,133VND and the floor rate 21,785 VND per USD.

The prices of USD at major commercial banksalmost remained unchanged, with Vietcombank and Vietinbank keeping their 10rates from the previous day.

The greenback is being traded at 22,690 VND (buying) and 22,760 VND (selling)at Vietcombank and Vietinbank.

Meanwhile, BIDV kept its buying rate at 22,690 VND and cut its selling rate by15 VND to 22,760 VND per USD.-VNA
VNA
#daily reference exchange rate for VND/USD #State Bank of Vietnam #reference exchange rate #trading band #Vietcombank #Vietinbank #BIDV #Vietnam News Agency #vietnamplus
Follow VietnamPlus

Related News

See more

National Brand products are on display at the Vietnam National Brand International Forum. (Photo: VNA)

Vietnam's national brand value jumps 45% to over 462 bln USD

Deputy Minister of Industry and Trade Luong Hoang Thai outlined Vietnam's National Brand Programme 's achievements, the role of business community and plans for brand development in a press interview ahead of the 10th Vietnam National Brand Product recognition ceremony on October 16.

Khanh Hoa province possesses significant advantages for renewable energy projects and new energy sectors. (Photo: VNA)

New value chains from two industrial – renewable energy centres

To implement the revised Power Development Plan VIII, the Ministry of Industry and Trade has proposed establishing two inter-regional renewable energy industrial and service centres in the northern and southern regions to develop the renewable energy sector and a complete value chain.

WB Senior Environmental Specialist and Task Team Leader Stephen Ling speaks at the working session (Photo; VNA)

Ca Mau, WB cooperate in sustainable fisheries development

Scheduled to run from 2026 to 2029, the project aims to develop the local fisheries sector and deepen global integration, while adapting to climate change and protecting the environment through infrastructure upgrades, technological innovation, and better management and production capacity.

Vice President of the Vietnamese National Assembly Nguyen Hong Dien speaks at the forum. (Photo: Vietnam Trade Promotion Agency)

Tanzanian businesses seek greater cooperation, investment opportunities with Vietnam

Attending the forum during his working visit to Tanzania, Vice President of the National Assembly Nguyen Hong Dien said the two economies were highly complementary. Tanzania has strengths in natural resources, agriculture, energy, its domestic market and its strategic position in East Africa, while Vietnam has advantages in manufacturing and processing, high-tech agriculture, electronics, telecommunications and international trade.

The automatic ticketing system that uses electronic identification, authentication, biometric recognition and cashless payment for passengers on the Cat Linh-Ha Dong railway line in Hanoi. (Photo: VNA)

Cashless payments open gateway to financial inclusion

Cashless payments continued to grow rapidly in the first eight months of 2026. The number and value of cashless transactions rose 34.56% and 13.26% year-on-year, respectively, while online transactions increased 46.57% in number and 21.77% in value.

Ho Chi Minh City attracts more than 17.8 billion USD in FDI in the first nine months of 2026 (Illustrative image. Photo: VNA)

Ho Chi Minh City offers new destinations for FDI flows

The merger of Ho Chi Minh City with Binh Duong and Ba Ria-Vung Tau has opened up a larger development space, enabling the city to reshape its approach to attracting foreign investment. In particular, Resolution No. 10-NQ/TW of the Politburo sets out clear orientations for developing the foreign-invested economic sector, providing a basis for shifting the focus from the amount of investment capital to the quality of investment.

Vietnam exports about 1.4 million tonnes of coffee worth 6.54 billion USD in the first nine months of 2026. (Photo: VNA)

Vietnam seeks to boost value, expand markets for coffee sector

Acording to VICOFA, Vietnam needs to focus on exporting green coffee beans that meet EUDR criteria, particularly as compliance levels among some other producing countries remain low. At the same time, it should develop specialty and organic coffee lines as well as deeply processed products to serve the premium segment in Europe.

Part of Khanh Hoa province in central Vietnam (Photo: VNA)

Malaysian economist upbeat about Vietnam’s growth outlook

Among ASEAN’s “Fabulous Five”, namely Vietnam, Malaysia, Indonesia, Thailand and the Philippines, Vietnam demonstrates how industrial depth and effective investment can underpin rapid growth, Shan Saeed said, noting strong investment momentum.