The daily reference exchange rate is set at 23,734 VND/USD on July 21. (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,734 VND/USD on July 21, up3 VND from the previous day.
With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,920 VND/USDand the floor rate 22,547 VND/USD.
At commercial banks, the opening-hour rates increased.
At 8:30am, Vietcombank listed the rates at23,460 VND/USD (buying) and 23,830 VND/USD (selling), both up 20 VND from theend of July 20.
BIDV also raised both rates by 15 VND, listingthe buying rate at 23,510 VND/USD and the selling rate at 23,810 VND/USD./.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen had a working session in Hanoi on July 20, pledging to maintain close cooperation between their agencies in the spirit of mutual respect.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
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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 daily reference exchange rate is set at 23,734 VND/USD on July 21. (Photo: VNA) 
