Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,898 VND/USD on April 8, increasing 12 VND from April 4.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,143 VND/USD and the floor rate 23,653 VND/USD.
At major commercial banks, the opening-hour rates soared, exceeding 26,000 VND/USD.
At 8:35 am, Vietcombank listed the buying rate at 25,680 VND/USD and the selling rate 26.040 VND/USD, both up 70 VND from April 4 morning.
BIDV also raised both rates by 100 VND, listing the buying rate at 25,690 VND/USD and the selling rate at 26,050 VND/USD./.

Foreign exchange rate to remain under control in wake of US tariff
According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Vietnam's economy is deeply integrating towards it becoming a market economy, which requires flexibility.