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Reference exchange rate down 16 VND on July 26

The State Bank of Vietnam set the daily reference exchange rate at 23,746 VND/USD on July 26, down 16 VND from the previous session.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 24,932 VND/USD and the floor rate 22,557 VND/USD.

At commercial banks, the opening-hour rates dropped.

At 8:15am, Vietcombank listed the rates at 23,460 VND/USD (buying) and 23,830 VND/USD (selling), both down 5 VND from the end of July 25.

BIDV also reduced both rates by 15 VND, listing the buying rate at 23,510 VND/USD and the selling rate at 23,810 VND/USD./.

Vietnam should focus quantum push on security, talent: US-based scientist

Vietnam should focus quantum push on security, talent: US-based scientist

Vietnam should pick its quantum path carefully as the technology moves from the lab to the market, avoiding too thin investment and putting national security and sovereignty, foundational capabilities and the training of application-oriented engineers first, said Dr. Ngo Chi Vinh, General Manager and senior scientist at AlchLight LLC in New York state.

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