The daily reference VND/USD exchange rate is set at 22,411 VND on January 4 (Photo: VNA)
Hanoi (VNA) – The StateBank of Vietnam set the daily reference VND/USD exchange rate at 22,411 VND onJanuary 4, up 6 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is23,074 VND/USD and the floor rate 21,738 VND/USD.
The opening hour rates at majorcommercial banks stayed stable.
Vietcombank and Vietinbankmaintained their listed rates unchanged from January 3.
The rates are listed at 22,675VND/USD (buying), and 22,745 VND/USD (selling) at Vietcombank, and 22,675VND/USD (buying) and 22,744 VND/USD (selling) at Vietinbank.
Meanwhile, the greenback isbeing bought at 22,680 VND and sold at 22,750 VND per USD at BIDV, both up 5 VNDfrom yesterday.-VNA
Adoption of appropriate policies by the State Bank of Vietnam (SBV) has helped it buy a large amount of US dollar to increase the nation’s foreign reserves, industry insiders said.
Record-high foreign reserves will enable Vietnam’s central bank to keep the dong, the local currency, stable for the rest of the year, Bloomberg quoted a central bank official as saying.
Vietnam’s foreign currency reserves hit approximate 48 billion USD thanks to the country’s stable macroeconomic conditions and strong influx of exports, FDI and remittance.
The daily reference VND/USD exchange rate set by the State Bank of Vietnam went down 10 VND after the three-day New Year holiday to 22,415 VND/USD on January 2.
CT Group stands as one of Vietnam's largest technology and innovation conglomerates, persistently pursuing a self-reliance strategy to master advanced technologies across nine high-tech sectors.
Party General Secretary To Lam emphasised that as Vietnam deepens international integration, the RoK’s success – with Busan Port as a vivid example – offers valuable lessons.
Speaking at a conference in Ho Chi Minh City on August 12 to seek ways to promote the products’ exports in 2025, Deputy Minister of Agriculture and Environment Tran Thanh Nam noted that despite global political instability and a slowdown in economic growth, Vietnam’s agro-forestry-fishery export has shown notable resilience.
The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the international financial centre (IFC), which would cover both traditional goods markets and emerging financial and commercial products.
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.
The daily reference VND/USD exchange rate is set at 22,411 VND on January 4 (Photo: VNA) 
