Reference exchange rate stays stable
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,192 VND/USD on August 18, unchanged from the previous day.
Illustrative image (Source: VNA)With the current trading band of +/-3%, the ceiling rate applicable to commercial banks during the day is 23,887 VND/USD and the floor rate 22,497 VND/USD.
The opening-hour rates at many commercial banks remained stable.
Vietcombank raised both rates by 5 VND to 23,235 VND/USD (buying) and 23,545 VND/USD (selling).
BIDV listed the buying rate at 23,265 VND/USD and the selling rate at 23,545 VND/USD, both unchanged from the end of August 17./.
You should also see
Vietnam an attractive destination for electronics, semiconductor investors: Official
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
See more
Business
Lam Dong strives to develop tea industry towards sustainable development
The Central Highlands province of Lam Dong aims to develop its tea industry to 2030 towards sustainable development by improving efficiency and fostering links between tea production, processing, and consumption. The province is also striving to replace aging tea plantations with high-quality tea varieties to enhance productivity.
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
