Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,541VND/USD on October 14, up 44 VND from the previous day.
With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 24,244 VND/USDand the floor rate 22,838 VND/USD.
The opening-hour rates at many commercial banksincreased.
Vietcombank listed the buying rate at 23,890VND/USD and the selling rate at 24,200 VND/USD, both up 120 VND from the end ofOctober 13.
Similarly, BIDV also added 110 VND to both rates,listing at 23,920 VND/USD (buying) and the selling rate at 24,200 VND/USD(selling).
During the week from October 10-14, the dailyreference exchange rate followed an upward trend, ending the week up 109 VNDper USD./.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,432 VND/USD on October 10, up 10 VND from the last working day of the previous week (October 7).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,451 VND/USD on October 10, up 19 VND from the last working day of the previous week (October 7).
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.
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Illustrative photo (Source: VNA) 
