Reference exchange rate revised up 13 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,160 VND per USD on January 29, up 13 VND from the previous day.
Illustrative image (Source: VNA)With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,855 VND/USD and the floor rate, 22,465 VND/USD.
The opening hour rates at some commercial banks stayed stable.
At 8:25 am, Vietcombank listed the buying rate at 22,940 VND/USD and the selling rate at 23,150 VND/USD, both unchanged from January 28.
BIDV cut both rates by 10 VND, listing at 22,960 VND/USD (buying) and 23,160 VND/USD (selling).
Meanwhile, Vietinbank kept both rates unchanged, listing at 22,918 VND/USD (buying) and 23,165 VND/USD (selling)./.
You should also see
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
See more
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
