Business

Reference exchange rate up 4 VND on August 5

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,182 VND/USD on August 5, up 4 VND from the previous day.
Reference exchange rate up 4 VND on August 5 ảnh 1The State Bank of Vietnam sets daily reference exchange rate for the US dollar at 23,182 VND/USD on August 5. (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,182VND/USD on August 5, up 4 VND from the previous day.

With the current trading band of +/-3 percent, the ceilingrate applicable to commercial banks during the day is 23,877 VND/USD and thefloor rate 22,487 VND/USD.

The opening-hour rates at many commercial banks continued torise.

BIDV added 15 VND to both rates, listing at 23,275VND/USD (buying) and 23,555 VND/USD (selling).

Meanwhile, Vietcombank listed the buying rateat 23,230 VND/USD and the selling rate at 23,540 VND/USD, both unchanged fromAugust 4./.
VNA
#State Bank of Vietnam #reference exchange rate #US dollar #commercial banks #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Workers process fish to be tinned for export at KTC Canned Food Factory under Kien Giang Trading JSC. (Photo: VNA)

Vietnam to host seminar on export growth strategies

Vietnam's exports rose 16.1% to 430.2 billion USD in the first 11 months of 2025, while total trade hit 839.8 billion USD during the same period. This strong performance shows that exports remain a key driver of economic growth, boosting Vietnam's standing on the world stage in recent years.

The vessel carrying the 2 millionth TEU arrives at Hai Phong Port. (Photo:VNA)

Hai Phong Port reaches 2-million-TEU milestone

Handling the 2 millionth TEU in 2025 not only demonstrates Hai Phong Port’s operational capacity and the collective efforts of its workforce, but also highlights its increasingly important role in regional and global supply chains, the confidence of shipping lines, logistics firms and the business community, and the effectiveness of policies to improve the investment climate and strengthen maritime infrastructure and services.

Melons labelled with traceability codes on display at the Song Van agricultural produce store in Ninh Binh city, Ninh Binh province. (Photo: VNA)

Tracing origins hindered by fragmented data systems

As the Government accelerates the digital economy, establishing a unified national traceability system has become a crucial move to end data fragmentation and disconnection among ministries, sectors and localities.

Hyundai unveils its new Avante Hybrid model in Seoul, the Republic of Korea, on August 13, 2020. (Photo: Yonhap/VNA)

Tax cuts poised to ignite Vietnam’s hybrid vehicle boom from 2026

Experts forecast that 2026-2030 will mark a period of strong growth for hybrid vehicles in Vietnam, a trend that will invigorate the automotive sector while supporting national objectives on emissions reduction, sustainable development and the broader transition to green mobility.

Illustrative image (Photo: VNA)

Vietnam targets 1 billion USD in banana exports

Bananas have been identified as a priority product under the Project for the Development of Key Fruit Crops to 2025, with a vision to 2030, approved in October 2022. Under the plan, banana acreage is projected to reach 165,000–175,000ha by 2030, with output of 2.6–3 million tonnes.

Deputy Minister of Foreign Affairs Nguyen Minh Hang (Photo: VNA)

Event connects Vietnamese businesses with African countries

Deputy Foreign Minister Nguyen Minh Hang held that to develop Vietnam – Africa ties more strongly and substantively, it is necessary to promote the engagement of businesses, and that the Government will create favourable conditions for them to enhance fruitful cooperation.

Deputy Prime Minister Ho Duc Phoc (R) and Independent Non-executive Chairman of AIA Mark Tucker at their meeting in Hanoi on December 12. (Photo: VNA)

AIA Group envisions long-term investment, cooperation in Vietnam

Over 25 years of operation in Vietnam, AIA has achieved positive results. Its premium revenue ranks among the top five life insurers, reaching nearly 14.83 trillion VND (563.71 million USD) in 2024 and an estimated 15.73 trillion VND in 2025, equivalent to around 10% of the market share.

A view of the 2025 Japan business roundtable in HCM City on December 12. (Photo: VNA)

Ho Chi Minh City courts Japanese investment with growth blueprint

Ha underscored the pivotal contributions of Japanese firms, which have long supported local socio-economic progress through major infrastructure projects, industrial zones and workforce training courses. To date, Japanese companies have invested more than 15 billion USD in over 2,200 projects, reflecting sustained confidence and commitment to the market.

Deputy Prime Minister Bui Thanh Son receives Kounlaphanh Vongnathy, Vice President of Phongsupthavy Group, in Hanoi on December 12, 2025. (Photo: VNA)

Lao group urged to deepen energy ties with Vietnam

Deputy Prime Minister Bui Thanh Son has commended Phongsupthavy Group as one of Laos’ leading investors supplying electricity to Vietnam, noting its pledge to ramp up power exports and actively contribute to the implementation of energy cooperation agreements endorsed by senior leaders of the two Parties and States.