Business

Reference exchange rate up 7 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,160 VND/USD on August 15, up 10 VND from the last working day of previous week (August 12).
Reference exchange rate up 7 VND at week’s beginning ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,160VND/USD on August 15, up 10 VND from the last working day of previous week(August 12).

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,855 VND/USDand the floor rate 22,465 VND/USD.

The opening-hour rates at many commercial banksstayed stable.

At 8:30 am, BIDV listed the buying rate at 23,255VND/USD and the selling rate at 23,535 VND/USD, both unchanged from the end ofAugust 12.

Vietcombank also kept both rates unchanged at23,220 VND/USD (buying) and 23,530 VND/USD (selling).

During the week from August 8-12, the dailyreference exchange rate for the US dollar mostly followed a downward trend,except for Tuesday (August 9). It ended the week down 22 VND./.

VNA
#State Bank of Vietnam #reference exchange rate #VND/USD #selling rate #Vietnam #VietnamPlus #Vietnam news
Follow VietnamPlus

Related News

Reference exchange rate up 1 VND

Reference exchange rate up 1 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,176 VND/USD on August 9, up 1 VND from the previous day.

See more

Bao Viet Bank's employee counts Vietnamese banknotes at a transaction counter in Hanoi. (Photo: VNA)

Credit quota reform, tighter capital rules may widen gap among banks

Yuanta Vietnam Securities estimates that to achieve GDP growth above 10%, credit growth would need to exceed 16%. This suggests bank credit is no longer expected to be the main growth driver, with greater reliance on fiscal policy, public investment and capital markets.

Commercial Counsellor Do Viet Phuong, Head of the Vietnam Trade Office in Cambodia. (Photo: VNA)

Spring Fair 2026 offers ample room to deepen Vietnam–Cambodia trade ties

Cambodia holds substantial potential for cooperation in agro-processing and exports, especially in key products such as rice, cashew nuts and rubber. In recent years, the country’s cultivation area and agricultural output have grown steadily, providing a stable raw material base for processing industries.

Vietnam is projected to have approximately 2.4 million SMEs, accounting for over 98% of the country’s total enterprises. (Photo: cafef.vn)

Banks offer diverse solutions to support SMEs

With an increasingly significant role in the economy, the small and medium-sized enterprise (SME) sector is becoming a key segment in the credit growth strategies of many banks and the banks have been taking diverse solutions to support the enterprises.

Workers process coconuts for export at Vina T&T Group. (Photo: nhandan.vn)

Agricultural exports reliant on securing raw material supply

According to Secretary General of the Vietnam Pepper and Spice Association Le Viet Anh, pepper remained Vietnam’s leading spice export in 2025, with shipments exceeding 247,000 tonnes, accounting for 59.3% of total spice export volume. Export revenue reached 1.66 billion USD, out of total spice exports of 2.1 billion USD.

Prime Minister Pham Minh Chinh speaks at the meeting between standing Government members and representatives of ministries, agencies and Phu Tho province (Photo: VNA)

PM orders new Lo river bridge to meet emerging development needs

Stressing both immediate and long-term imperatives, Prime Minister Pham Minh Chinh directed that authorities pursue a dual-track approach: repairing the existing bridge to ensure safety while simultaneously investing in a new structure capable of opening up new socio-economic development space and safeguarding national defence and security.

Online event promotes Vietnamese products in Canada (Photo: VNA)

Online programme promotes Vietnamese products in Canada

Vietnam’s exports to Canada have doubled over the past five years to more than 13 billion USD, reflecting strong cooperation potential, especially as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) continues to take effect.

Vehicles transporting import and export goods at Mong Cai international border gate. (Photo: VNA)

Mong Cai smart border gate to open new era for cross-border trade

The smart border gate will be based on Industry 4.0 technologies, with cross-border data connectivity serving as its core. Beyond modernising a single customs checkpoint, the project aims to create a regional-scale “digital gateway” facilitating more efficient trade flows.

Vietnam’s Trade Counsellor in Italy Duong Phuong Thao. (Photo: VNA)

Spring Fair 2026: Trade fairs boost Vietnam–Italy trade connectivity

Vietnam’s Trade Counsellor in Italy Duong Phuong Thao said the bilateral relations are developing positively, providing a solid foundation for economic and trade ties. The Italian Government, financial institutions and business community regard Vietnam as a key market in Southeast Asia.

The booth of the Vietnam Trade Office at a trade fair in Morocco. (Photo published VNA)

Spring Fair 2026: opportunities for trade between Vietnam and Morocco

Tran Le Dung, Head of the Vietnam Trade Office in Morocco, said Morocco has accumulated extensive experience in hosting large-scale agricultural trade fairs and exhibitions. Flagship events include the annual International Agricultural Exhibition in Morocco (SIAM), alongside specialised shows covering food and beverages, textiles, handicrafts and logistics.

Prime Minister Pham Minh Chinh delivers closing remarks at the Spring Fair 2026. Photo: VNA

Prime Minister attends Spring Fair 2026 closing ceremony

After 12 vibrant and colourful days, the first Glorious Spring Fair 2026 vividly portrayed the vitality of the nation’s economic and consumer activities at the beginning of the new year, leaving a strong impression on the public and business community.