The State Bank of Vietnam set the daily reference exchange rate on February 25 at 22,911 VND per USD, up 5 VND from the last working day of previous week (February 22).
The daily reference exchange rate on February 25 was set at 22,911 VND per USD (Photo: Reuters)
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate on February 25 at 22,911VND per USD, up 5 VND from the last working day of previous week (February 22).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,598 VND/USD and the floor rate 22,206 VND/USD.
The opening hour rates at commercial banks stayedstable.
Vietcombank kept both ratesunchanged from February 22, listing the buying rate at 23,160 VND/USD and theselling rate at 23,260 VND/USD.
At BIDV, both rates also saw no change, standingat 23,155 VND/USD (buying) and 23,255 VND/USD (selling).
Meanwhile, Techcombank raisedboth rates by 5 VND to 23,145 VND/USD (buying) and 23,265 VND/USD (selling).
During the week from February 18 to 22, thereference exchange rate followed a downward trend for the first four workingdays but rose on the last day. Overall, the rate reduced by 7 VND during theweek.
The rates listed at commercial banks werestable throughout the week, but picked up slightly on the last day.-VNA
The State Bank of Vietnam (SBV) has so far this year bought more than 1 billion USD from commercial banks to build up the nation’s foreign currency reserves.
Liquidity of the banking system has been plentiful again after the Lunar New Year (Tet), helping the central bank net withdraw more than 51.55 trillion VND (2.2 billion USD) in the past week.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 22,903 VND per USD on February 21, down 2 VND from the previous day (February 20).
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
The daily reference exchange rate on February 25 was set at 22,911 VND per USD (Photo: Reuters) 
