Business

Reference exchange rate up 19 VND on October 20

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,682 VND/USD on October 20, up 19 VND from the previous day.
Reference exchange rate up 19 VND on October 20 ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,682VND/USD on October 20, up 19 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rateapplicable to commercial banks during the day is 24,866 VND/USD and the floorrate 22,497 VND/USD.

The opening-hour rates at many commercial banks decreased.

At 8:35 am, BIDV listed the buying rate at 24,335 VND/USD andthe selling rate at 24,615 VND/USD, both down 20 VND from the end of October 18.

Meanwhile, Vietcombank kept both rates unchanged at 24,320VND/USD (buying) and the selling rate at 24,630 VND/USD (selling)./. 
VNA
#State Bank of Vietnam #VND/USD exchange rate #reference exchange rate #BIDV #Vietcombank #Vietnam #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Reference exchange rate up 44 VND

Reference exchange rate up 44 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,541 VND/USD on October 14, up 44 VND from the previous day.
Reference exchange rate up 51 VND

Reference exchange rate up 51 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,637 VND/USD on October 18, up 51 VND from the previous day.

See more

Green SM has launched all-electric taxi service in the US. (Illustrative photo: VNA)

Green SM launches all-electric taxi service in US

The move brings Green SM into one of the world’s most dynamic and demanding markets. It also marks another step in the international expansion of the Vietnamese mobility brand, following its rapid growth across markets in Asia and Europe.

An overview of the meeting between IMF Managing Director Kristalina Georgieva and ASEAN Finance Ministers and Central Bank Governors (Photo: VNA)

Vietnam strengthens financial cooperation at IMF-World Bank annual meetings

The Vietnamese Governor underscored the complementary roles of global and regional financial cooperation mechanisms, including the Chiang Mai Initiative Multilateralisation (CMIM) and the ASEAN+3 Macroeconomic Research Office (AMRO). He also highlighted the importance of technical assistance in fintech, digital transformation, cybersecurity and risk management.

Representatives of the organising committee at the opening ceremony of the fair (Photo: VNA)

Vietnam-Cambodia trade expo promotes bilateral economic cooperation

The Vietnam-Cambodia Business Networking and Product Promotion Exposition has become a key trade promotion event, creating business and investment opportunities while strengthening mutual understanding and trust between the two countries’ armies, people and enterprises.

Vietjet Air’s Airbus A330 taxis at Vaclav Havel Airport in Prague, the Czech Republic. (Photo: VNA)

Vietnam’s airlines expand international networks

The Civil Aviation Authority of Vietnam forecasts that the country’s aviation market will handle 94 million passengers and more than 1.6 million tonnes of cargo in 2026, up 13% and 9.3%, respectively, from 2025.

A representative of Sumika Electronic Materials Vietnam (VSIP Bac Ninh Industrial Park, Tu Son Ward) briefs the delegation from Customs Sub-department Region V on the company's operations. (Photo: báo bắc ninh)

Bac Ninh customs facilitates clearance to boost exports

Pham Chi Thanh, head of Customs Sub-Department Region V, said the unit is focusing resources on developing a digital customs model and streamlining professional procedures to shorten clearance times and reduce costs for businesses while maintaining effective state management.

At the sixth Golden Brand Awards 2026 ceremony (Photo: VNA)

Ho Chi Minh City honours top 50 brands for 2026

The awards aim to recognise brands that can lead their industries, drive innovation and create a ripple effect across the business community, lifting the city’s standing in a new growth stage.

Luxury apartment projects in downtown Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City's housing market sees price stabilisation, sharper buyer segmentation

According to Avison Young Vietnam, improved planning and infrastructure development have helped ease market uncertainty and prevented a complete freeze. More than 25,000 apartments are expected to enter the market in multiple launches between 2027 and 2030, with many projects scheduled to benefit from infrastructure improvements around 2030.

Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang speaks at the forum (Photo: VNA)

Vietnam, Georgia look to more business opportunities

For Vietnamese firms, Georgia can serve as a gateway to broader regional markets, given its strategic location connecting the South Caucasus, Central Asia and China with European markets via the Black Sea.

Chairman of the Vietnamese Business Association in Laos (AVILA) Duong Dinh Bang (Photo: VNA)

PM’s visit injects fresh momentum into Vietnam-Laos special relations

At the 2026 Laos-Vietnam Investment Promotion Conference in Vientiane, the two PMs held direct dialogue with businesses and investors from both countries, affirming their determination to address bottlenecks in institutional frameworks, administrative procedures, transport infrastructure and payment connectivity. The goal of these efforts is to boost bilateral trade to 10 billion USD by 2030.