Reference exchange rate goes down at week’s beginning
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of previous week (October 4).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of the previous week (October 4) (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily referenceexchange rate at 23,155 VND per USD onOctober 7, down 4 VND from the last working day of previous week (October 4).
With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,849 VND per USD and the floor rate at 22,460 VND/USD.
Theopening hour rates at commercial banks remain stable.
At 8:25 am, Vietcombank listed the buying rate at 23,110 VND/USD, and theselling rate at 23,260 VND/USD, unchanged from thesame time on October 4.
BIDV also kept both rates unchanged, with the buying rate listed at 23,140VND/USD and the selling rate at 23,260 VND/USD.
Techcombank maintained both rates at the same levels as on October 4, at 23,133VND/USD (buying) and23,273 VND/USD (selling).
Duringlast week (September 30 to October 4), the daily reference exchange rate wasadjusted up on the first two days but then turned around to drop on the lastthree days. It ended the week unchanged from the rate set on Monday.
The rateslisted at commercial banks fluctuated during the week but also concluded theweek almost unchanged from Monday./.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,163 VND per USD on October 2, down 2 VND from the previous day (October 1).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,161 VND per USD on October 3, down 2 VND from the previous day (October 2).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,159 VND per USD on October 4, down 2 VND from the previous day (October 3).
Leaders of Khanh Hoa province met with executives of HD Hyundai and SK Innovation to explore opportunities to partnerships in shipbuilding and energy industries.
The Prime Minister urged the promotion of industrial production in tandem with market restructuring, product diversification, and the development of supply and production chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,509 VND/USD and the floor rate 23,985 VND/USD.
All service vessels and out-of-province fishing boats docking at fishing ports in Lam Dong province will undergo 100% inspection to ensure compliance with paperwork, port entry/exit procedures, and fishing log requirements. Their positions and voyages will be tracked around the clock from departure to return via the VMS.
The roadmap to restrict the use of petrol-powered vehicles and encourage green ones in such major cities as Hanoi and Ho Chi Minh City is creating a strong boost to the EV market.
The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.
Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.
The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.
According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
The global bicycle market is projected to reach 69 billion USD by 2029, growing at 4.2% annually, according to consultancy and market research company Mordor Intelligence.
After a challenging first quarter, during which many companies recorded losses, the Vietnamese cement market has experienced a remarkable recovery, with several firms unexpectedly reporting substantial profits in the second quarter of 2025.
The Party leader said Vietnam is continuing to improve its institutions, enhance the investment and business environment, and address bottlenecks to unlock resources and push ahead with economic restructuring in tandem with renewing the growth model.
Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.
Large-scale projects invested by Korean investors in strategic sectors such as semiconductors and energy are poised to give a strong boost to foreign direct investment (FDI) inflows into Vietnam, creating momentum to attract more high-value projects from global investors.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of the previous week (October 4) (Photo: VNA) 
