Business

Reference exchange rate up 1 VND on March 11

The State Bank of Vietnam set the daily reference exchange rate at 23,204 VND per USD on March 11, up 1 VND from the previous day.
Reference exchange rate up 1 VND on March 11 ảnh 1The State Bank of Vietnam set the daily reference exchange rate at 23,204 VND per USD on March 11. (Photo: VNA)
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,204 VND per USD onMarch 11, up 1 VND from the previous day.

With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is23,903 VND/USD and the floor rate 22,509 VND/USD.

The rates listed by major commercialbanks stayed stable.

At 8:10 am, Vietcombank listed the buyingrate at 22,930 VND/USD and the selling rate at 23,140 VND/USD, unchanged fromMarch 10.

Similarly, BIDV also kept both ratesunchanged, listing the buying rate at 22,955 VND/USD and the selling rate at23,155 VND/USD.

Meanwhile, Vietinbank added 3 VND toboth rates, listing the buying rate at 22,913 VND/USD and the selling rate at23,153 VND/USD./.
VNA
#State Bank of Vietnam #daily reference exchange rate #trading band of +/- 3 percent #commercial banks #Vietcombank #BIDV #Vietinbank #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

Reference exchange rate up 14 VND

Reference exchange rate up 14 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,166 VND per USD on March 5, up 14 VND from the previous day.

See more

Da Nang People’s Committee Chairman Nguyen Manh Hung (second from left) presents investment policy approval decisions and investment registration certificates for three infrastructure projects in FTZ Zones 2, 3 and 4. (Photo: VNA)

Da Nang promotes investment links for pioneering Free Trade Zone

The conference also highlighted the role of digital technologies in building next-generation FTZs. Proposed solutions included the adoption of artificial intelligence (AI), the Internet of Things (IoT), big data, cloud computing and digital customs systems to improve operational efficiency, streamline logistics, accelerate customs procedures and enhance transparency for investors.

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.