Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,250 VND/USD on August 23, up 3 VND from the previous session.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,463 VND/USD and the floor rate 23,038 VND/USD.
At major commercial banks, the opening hour rates went up.
At 8:20 am, Vietcombank listed the rates at 24,810 VND/USD (buying) and 25,105 VND/USD (selling), both up 40 VND from August 22.
BIDV raised both𝐆 rates by 20 VND, listin෴g at 24,785 VND/USD and 25,125 VND/USD, respectively./.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,245 VND/USD on August 22, down 1 VND from the previous session.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,246 VND/USD on August 21, down 5 VND from the previous session.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,251 VND/USD on August 20, down 10 VND from the previous session.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
