Business

Reference exchange rate up 2 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,644 VND/USD on February 28, up 2 VND from the previous day.
Reference exchange rate up 2 VND ảnh 1The daily reference exchange rate is set at 23,644 VND/USD on February 28. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate at 23,644 VND/USD on February 28, up 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applied to commercialbanks during the day is 23,826 VND/USD and the floor rate 22,462 VND/USD.

The opening hour rates at commercial banks increased.

At 8:30am, Vietcombank listed the buying rate at 23,630 VND/USD, and theselling rate at 24,000 VND/USD, both up 10 VND from the end of February 27.

BIDV raised both rates by 15 VND to 23,665 VND/USD (buying) and 23,965 VND/USD(selling)./.
VNA
#State Bank of Vietnam #daily reference exchange rate #commercial banks #USD/VND exchange rate #monetary policy #Vietcombank #BIDV #updated Vietnam news #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Illustrative photo (Photo: VNA)

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Participants in the conference (Photo: VNA)

Vietnam, Tunisia target coffee, olive oil as trade ties deepen

Though geographically distant, the two countries share strategic locations in their respective regions, skilled human resources, and a strong commitment to expanding international trade, which form the bedrock for a lasting and mutually beneficial partnership.

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.