The daily reference exchange rate is set at 22,463 VND/USD on February 28 (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate at 22,463 VND/USD on February 28, up 15 VND from the previousday.
With the current trading band of +/- 3 percent, the ceiling rate applied tocommercial banks during the day is 23,136 VND/USD and the floor rate 21,792VND/USD.
The opening hour rates at commercial banks continued to rise for anotherday.
Both Vietcombank and BIDV listed the buying rate at 22,715 VND/USD and theselling rate at 22,785 VND/USD, both up 10 VND from February 27.
The green back is being bought at Vietinbank at22,712 VND/USD and sold at 22,782 VND/USD, both up 5 VND.-VNA
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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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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 daily reference exchange rate is set at 22,463 VND/USD on February 28 (Photo: VNA) 
