Reference exchange rate down for fourth day

The daily reference exchange rate for VND/USD was revised down for a fourth day in a row since the beginning of this week, standing at 22,453 VND /USD on October 12, a decrease of 6 VND from the rate set on October 11.
 
Reference exchange rate down for fourth day ảnh 1The reference exchange rate has been revised down for four consecutive days since October 9. Illustrative image (Photo: VNA)
Hanoi, (VNA) – The dailyreference exchange rate for VND/USD was revised down for a fourth day in a row sincethe beginning of this week, standing at 22,453 VND /USD on October 12, adecrease of 6 VND from the rate set on October 11.

With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,127 VND and the floor rate 21,779 VND/USD.  

The opening hour rates at majorcommercial banks also followed the declining trend.

Vietcombank listed the buyingrate at 22,685 VND and the selling rate at 22,755 VND per USD, down 5 VND fromthe previous day.

The rates listed by Vietinbank werealso slashed by 5 VND to 22,685 VND (buying) and 22,755 VND (selling) per USD.

The greenback is being bought at22,685 VND and sold at 22,755 VND per USD at BIDV, both 5 VND lower than therespective rates listed on October 11.-VNA

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.