Reference exchange rate up 9 VND
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,201 VND/USD on July 28, up 9 VND from the previous day.
Illustrative image. (Photo: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,897 VND/USD and the floor rate 22,504 VND/USD.
The opening-hour rates at many commercial banks increased.
At 8:30 am, BIDV listed the buying rate at 23,240 VND/USD and the selling rate at 23,520 VND/USD, both up 5 VND from July 27.
Vietcombank also raised both rates by 10 VND to 23,210 VND/USD (buying) and 23,520 VND/USD (selling)./.
You should also see
World economy’s recovery drives Vietnam’s exports
With the recovery of the world market and increasing orders, Vietnam's import and export activities in the first quarter of 2024 prospered and achieved positive results.
See more
Business
Enterprises want clearer regulations on seafood production
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Business
InfographicRice exports up 40% in Q1
According to the Ministry of Agriculture and Rural Development, Vietnam exported 2.07 million tonnes of rice in the first quarter of 2024, earning 1.37 billion USD in revenue. This represents a 12% increase in volume and 40% in value compared to the same period of 2022.
Business
New EU-funded project to boost smart agriculture in Mekong Delta
A meeting took place in the Mekong Delta province of Tra Vinh on April 25 to introduce the project “Smart Agro-ecological Transformation of Farming Systems towards Resilience and Sustainability in Middle and Coastal Zones of the Vietnam Mekong Delta (STAR-FARM)”.
Business
Vietnam Online Business Forum tackles sustainability in e-commerce
The Vietnam Online Business Forum 2024, themed “Sustainable E-Commerce”, kicked off in Hanoi on April 25.
Business
Vietnam-Singapore trade on the rise since start of 2024
Trade between Vietnam and Singapore topped 2.54 billion SGD (1.87 billion USD) in March, rising 4.29% year on year, according to the Trade Office of Vietnam in the city state.
