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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, EU hold seventh meeting of Joint Committee

Vietnam, EU hold seventh meeting of Joint Committee

Deputy Minister of Foreign Affairs Le Thi Thu Hang and Managing Director for Asia and the Pacific at the European External Action Service (EEAS) Erik Kurzweil co-chaired the seventh meeting of the EU-Vietnam Joint Committee on the implementation of the EU-Vietnam Partnership and Cooperation Agreement (PCA) in Hanoi on September 25.

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