Reference exchange rate up 5 VND on week’s first day
The State Bank of Vietnam set the daily reference exchange rate on December 3 at 22,755 VND per USD, up 5 VND from the last working day of previous week (November 30).
Illustrative photo (Source: hanoimoi.com.vn)Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate on December 3 at 22,755 VND per USD, up 5 VND from the last working day of previous week (November 30).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,437 VND/USD and the floor rate 22,073 VND/USD.
The opening hour rates at commercial banks remained rather stable.
Vietcombank kept both rates unchanged from November 30 VND, listing the buying rate at 23,275 VND/USD and the selling rate at 23,365 VND/USD.
Techcombank also kept both rates unchanged at 23,250 VND/USD (buying) and 23,365 VND/USD (selling).
However, BIDV added 25 VND to both rates, listing the buying rate at 23,300 VND/USD and the selling rate at 23,390 VND/USD (selling).
Last week (from November 26 to 30), the reference exchange rate was rather stable, except for a rise of 4 VND on November 27 and another 3 VND on the last day of the week.
The rates listed at commercial banks fluctuated throughout the week, with the rates at Vietcombank and Techcombank ending the week lower than that at the start.- VNA
You should also see
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
See more
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
