The State Bank of Vietnam set the daily reference exchange rate at 22,649 VND per USD on July 26. (Photo: tapchitaichinh.vn)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate at 22,649 VND per USD on July 26, down 5 VND from the previousday.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,328 VND/USD and the floor rate 21,970VND/USD.
The opening hour rates atcommercial banks dropped strongly from July 25.
Vietcombank cut both rates by 40 VND to 23,160 VND/USD (buying) and 23,240VND/USD (selling).
The rates listed at BIDV fell by 45 VND to 23,150 VND/USD (buying) and23,230 VND/USD (selling).
Meanwhile at Techcombank, the buying rate was adjusted down 40 VND to23,140 VND/USD and the selling rate down 50 VND to 23,240 VND/USD.
This week, the reference exchange rate opened the week down 16 VND butthen turned around to rise on Tuesday. It remained unchanged on the next dayand decreased on Thursday.-VND
The State Bank of Vietnam (SBV) may sell part of its foreign reserves to stabilise the monetary market if the exchange rate continues to climb, the Saigon Securities Incorporation (SSI) forecast.
The Vietnam-Belgium Friendship Association and the Belgian Embassy in Vietnam have held an exchange in Hanoi to mark the 187th National Day (July 21, 1831) of the European nation and 45 years of the two countries’ diplomatic ties (March 22, 1973).
The arrival of this first wind power equipment shipment signalled the Trung Nam Ca Na seaport’s infrastructure readiness and its entry into a new phase of development, aligned with Vietnam’s adjusted National Power Development Plan VIII.
PM Pham Minh Chinh has called on global tech giants to bolster cooperation with Vietnam to assist with the country's efforts to drive a startup and innovation ecosystem.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
The State Bank of Vietnam set the daily reference exchange rate at 22,649 VND per USD on July 26.
