Reference exchange rate up 6 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,096 VND/USD on February 14, up 6 VND from the rate on the last working day of the previous week (February 11).
Illustrative image (Source: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,789 VND/USD and the floor rate 22,403 VND/USD.
The opening-hour rates at commercial banks rose.
At 8:40am, Vietcombank listed the buying rate at 22,510 VND/USD and the selling rate at 22,820 VND/USD, both up 10 VND from February 11.
BIDV raised the buying rate by 20 VND to 22,550 VND/USD and the selling rate by 15 VND to 22,830 VND/USD.
During the week from February 7-11, the daily reference exchange rate was down on Monday but then followed an upward trend in the next three days before turning around to drop on Friday. It ended the week up 9 VND compared to the beginning of the week./
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
