Business

Reference exchange rate up 13 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,714 VND/USD on July 18, up 13 VND from the previous day.
Reference exchange rate up 13 VND ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,714 VND/USD on July 18, up 13 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable forcommercial banks during the day is 23,899 VND/USD and the floor rate 22,528VND/USD.

At commercial banks, the opening-hour rates all increased.

At 8:30am, Vietcombank listed the rates at 23,440 VND/USD (buying) and 23,810VND/USD (selling), both up 10 VND from the end of July 17.

BIDV added 10 VND to both rates, listing the buying rate at 23,490 VND/USD andthe selling rate at 23,790 VND/USD./.
VNA
#State Bank of Vietnam #exchange rate #commercial banks #Vietnamplus #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Funds disburse nearly 25 billion USD in H1

Funds disburse nearly 25 billion USD in H1

Domestic and foreign funds have disbursed up to 5.84 trillion VND (24.69 billion USD) in the first half of 2023 after the capital flow of exchange-traded funds (ETFs) returned to the market last month, according to a report by SSI Securities Corporation.

See more

Party General Secretary To Lam (R) receives China’s Luxshare-ICT Group Vice Chairman Wang Laisheng in Hanoi on November 15. (Photo: VNA)

Party Chief receives Vice Chairman of China’s Luxshare-ICT Group

Party General Secretary To Lam affirmed that the Party and State consistently welcome foreign enterprises to invest and succeed in Vietnam, pledging equal treatment for all investors and continued efforts to improve the business environment towards greater fairness, transparency and convenience.

Illustrative photo (Photo: VNA)

Vietnam Online Shopping Day – Online Friday 2025 opens

Vietnam Online Shopping Day – Online Friday 2025 is not only the biggest online shopping event of the year, but also spreads the message of smart, responsible and sustainable consumption, contributing to promoting the strong development of Vietnam's digital economy in the new era.

Thi Khui, Director of Bu Lach Organic Cashew Cooperative, signs a cashew purchasing cooperation agreement with a representative of Intersnack Vietnam Cashew Company Limited. (Photo: Dong Nai Newspaper)

Ethnic woman grows cashew cooperative's international success

With strong support from local authorities, Khui persuaded 165 farming households to adopt organic cultivation practices. The cooperative now oversees a raw material area of 1,000 hectares, establishing a solid foundation for large-scale organic production.

The 20th meeting of the Vietnam-RoK Joint Economic Committee takes place in Seoul on November 14. (Photo: VNA)

Vietnam, RoK seek new drivers to advance comprehensive cooperation

The RoK is also Vietnam’s largest foreign investor. As of the end of September, Korean investors operated 10,301 valid projects with combined registered capital of 94.2 billion USD, topping both capital value and number of projects among 154 countries and territories investing in Vietnam. Korean enterprises contribute roughly 30% of Vietnam’s total export value.

Workers process aquatic products for exports. (Photo: VNA)

Workshop seeks to boost agro-forestry-aquatic exports to EU

Participants underlined the importance of complying with the EU’s strict standards, stepping up national branding, developing green and clean products aligned with European consumer preferences and, particularly, embedding cultural value and compelling Vietnamese stories in each product.