The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,668 VND/USD on February 25, up 12 VND from the previous day.
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,668 VND/USD on February 26, up 12 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,901 VND/USD and the floor rate 23,435 VND/USD.
At 8:29am, both Vietcombank and BIDV listed the buying rate at 25,350 VND/USD and the selling rate 25,710 VND/USD, both up 50 from February 25./.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,646 VND/USD on February 25, unchanged from the previous day.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,646 VND/USD on February 24, up 8 VND from the last work day of the previous week.
At 8:26am, Vietcombank listed the buying rate at 25,350 VND/USD and the selling rate 25,710 VND/USD, unchanged from February 20. Meanwhile, BIDV cut both rates by 10 VND to 25.320 - 25.680 VND (buying-selling).
The Vietnamese energy market is expected to be very dynamic, and Vietnam is keen to welcome foreign investors, including those from the RoK. The country also welcomes comprehensive strategic partners with rich experience and knowledge in nuclear power.
The Vietnamese government is demonstrating a high determination in promoting public investment, focusing on numerous strategic infrastructure projects that connect economic centres. This will serve as an important launching pad for Vietnam to enter a new era – the era of the nation’s rise, according to HSBC.
The Lao Cai-Hanoi-Hai Phong railway will span approximately 390.9 kilometers for the main route, with 27.9 kilometers of branch lines. The project will pass through the nine localities of Lao Cai, Yen Bai, Phu Tho, Vinh Phuc, Hanoi, Bac Ninh, Hung Yen, Hai Duong, and Hai Phong
Chief Financial Officer of Jeil Group Kim Eun-sook said the Jeil Logistics 1 project will provide a logistics warehouse, as well as a core infrastructure in the supply chain and distribution sector in Vietnam.
Nestled on the last prime land plot in downtown Da Lat city, the Central Highlands province of Lam Dong, overlooking the picturesque Xuan Huong Lake, the 5-ha Haus Da Lat is more than just a real estate project, it is the city's largest forest conservation initiative and a future cultural landmark.
In the long-term, enterprises hope that the Government will manage exchange rates flexibly to benefit exports and prioritise reasonable loan quotas for agricultural exports as domestic raw material prices increase.
The development of legal frameworks for virtual and digital assets has become a pressing topic in the legislative work of various ministries and agencies.
This amendment aims to allow public employees who are scientists to establish and manage businesses that trade in researched scientific products.
According to the MoF, this is an extension policy, not a tax exemption or reduction.
After five years of implementation, the EU-Vietnam Free Trade Agreement (EVFTA) has delivered many positive outcomes, including a robust growth of Vietnamese exports to the EU, particularly in key sectors such as textiles, footwear, and agro-fishery products.
With its favourable investment environment and strong government support, Binh Duong continues to be an attractive destination for Japanese investors, opening up new opportunities for cooperation and sustainable development in the future.
Vietnam shipped 500 kg of coffee husk, valued at nearly 1 million VND (40 USD) per kg, to the Republic of Korea.
Businesses adhering to EU standards will help safeguard their market share and contribute to export growth. Meanwhile, long-term strategies must be developed for consistent compliance with EU regulations.
While several commercial banks project profit increases of 20-33%, others, particularly state-owned, are taking a more cautious approach amidst unpredictable global financial conditions, highlighting a growing divergence in the banking sector’s outlook for this year.
The expansion of Vinh International Airport aims to meet the province’s socio-economic development, national security and aviation industry’s growth.
Financial institutions were directed to cut operational costs, streamline procedures, adopt technology, and restructure operations to enhance efficiency. They were also urged to share profits by reducing lending rates, aiding businesses and creating jobs while maintaining the banking sector's stability.
Trade Counsellor Vo Thi Ngoc Diep noted that the Netherlands is currently Vietnam’s largest European investor and second-largest export market. Conversely, Vietnam is one of the Netherlands' top Asian trading partners and among its 20 largest goods suppliers.
According to the organisers, this year’s edition is expected to host over 400 exhibitors with more than 500 booths, showcasing a wide range of products and solutions covering the entire textile and garment supply chain.
According to the Central Coordination Office for New-style Rural Development, 48 out of 79 5-star OCOP products, equivalent to 60.7%, have successfully entered high-standard markets such as the US, Europe, and Japan.
These criteria assess the impact of foreign investment on economic development, considering factors such as capital, growth, operational performance, technology, tax contributions, spillover effects, and links to domestic enterprises.
