Business

Reference exchange rate up 1 VND on February 24

The State Bank of Vietnam set the daily reference exchange rate at 23,642 VND/USD on February 24, up 1 VND from the previous day.
Reference exchange rate up 1 VND on February 24 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set thedaily reference exchange rate at 23,642 VND/USD on February 24, up 1 VND from theprevious day.

With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 23,824 VND/USD andthe floor rate 22,459 VND/USD.

The opening hour rates at commercial banksincreased.

At 8:15am, BIDV listed the buying rate at 23,665VND/USD, and the selling rate at 23,965 VND/USD, both up 5 VND from the end ofFebruary 23.

Vietcombank also raised both rates by 10 VND to23,630 VND/USD (buying) and 24,000 VND/USD (selling).

During the week from February 20-24, the daily referenceexchange rate was adjusted up on Monday and down on the next two days beforegoing up again on Friday. It ended the week down 4 VND./.
VNA
#reference exchange rate #SBV #commercial banks #selling rate #Vietnamplus #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Reference exchange rate down 3 VND

Reference exchange rate down 3 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,643 VND/USD on February 21, down 3 VND from the previous day.

See more

Import and export activities at the Mong Cai border gate. (File photo: VNA)

Vietnam–China crossings see spike in ASEAN fresh produce

Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).

Rohit Khurana, an automotive expert at Car Blog India. (Photo: VNA)

Green SM poised to make mark in Indian market

Green SM's strengths, including a dedicated fleet, professional drivers and premium electric limousine models, can help differentiate the company and attract customers seeking higher-quality services in India.

The opening ceremony of the Hue Festival Trade Fair 2026. (Photo: VNA)

Hue Festival Trade Fair 2026 opens with 240 booths

For Hue, the fair is also an opportunity to introduce the image of a dynamic and business-friendly locality while promoting local specialties, One Commune One Product (OCOP) items and outstanding rural industrial products, helping stimulate trade, services, tourism and investment attraction.

Deputy Minister of Finance Cao Anh Tuan at the meeting with the delegation of the RoK Embassy led by Ambassador Choi Young-sam on June 12 (Photo: mof.gov.vn)

Ambassador pledges more contributions to Vietnam – RoK economic links

Deputy Minister of Finance Cao Anh Tuan congratulated Ambassador Choi Young-sam on his successful tenure in Vietnam and praised his contributions to the substantive and productive development of the Vietnam – RoK Comprehensive Strategic Partnership across various fields, including economic and financial cooperation.

The working session between Deputy Minister of Industry and Trade Nguyen Hoang Long and IKC Representative Director and Executive Vice President Atsuhiko Hirano in Hanoi on June 12 (Photo: Vietnamese Ministry of Industry and Trade)

Vietnam, Japan cultivate energy collaboration

Deputy Minister of Industry and Trade Nguyen Hoang Long urged Idemitsu to leverage its role as a strategic shareholder and team up with other partners to respond swiftly to geopolitical shifts, ensuring a stable, sustainable crude oil flow to the refinery.

Leaders of Bamboo Airways and Rakso Holdings Co.Ltd sign an MoU to promote cooperation in the aviation, tourism and service sectors at the forum in Seoul on June 12. (Photo: VNA)

FLC Group seeks to expand investment cooperation in RoK

Ambassador Vu Ho suggested enhancing Vietnam – RoK ties in tourism, aviation and flexible investment models to develop flagship projects meeting high standards, helping herald a new cooperation phase between the two countries.

Delegates press the buttons to launch the Meiko Yen Quang semiconductor manufacturing plant project. (Photo: VNA)

Work starts on 500-million-USD Meiko semiconductor plant in Phu Tho province

The project has an initial investment of more than 500 million USD and will focus on artificial intelligence and space technology-related applications. Once fully operational, it is expected to generate annual revenue of around 530 million USD per year and create approximately 2,000 jobs for local workers.

Coffee, often referred to as the “brown gem” of Lam Dong, is one of the province’s signature agricultural products. (Photo: VNA)

Lam Dong reshapes coffee industry to elevate export value

Lam Dong plans to strengthen branding and trade promotion efforts, develop coffee-growing regions linked to geographical indications, expand digital traceability systems and make greater use of free trade agreements (FTAs) to diversify export markets.

Cargo handling operations at Berths 3 and 4 of the Hai Phong International Gateway Port. (Photo: VNA)

AI reshapes logistics, raising bar for workforce skills

According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.