Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,946 VND/USD on August 18, down 5 VND from the previous day.
With thecurrent trading band of +/- 5%, the ceiling rate applicable for commercialbanks during the day is 25,143 VND/USD and the floor rate 23,748 VND/USD.
At commercialbanks, the opening-hour rates continued the upward trend.
At 8:30 am,BIDV listed the rates at 23,720 VND/USD (buying) and 24,020 VND/USD (selling), unchangedfrom the end of August 17.
Vietcombank alsokept both rates unchanged at 23,670 VND/USD (buying) and 24,040 VND/USD(selling).
During the weekfrom August 14 to 18, the daily reference exchange rate was unchanged on the first day of the week and adjusted up on three following days – Tuesday, Wednesday and Thursday. It was adjusted down on Friday and ended the week up 98 VND./.
Despite the difference in policies of the State Bank of Vietnam (SBV) and the US Federal Reserve (Fed), the USD/VND exchange rate has remained stable to date thanks to a trade surplus and a bright economic outlook of Vietnam in the second half of 2023, experts said.
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In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
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Illustrative photo (Photo: VNA) 
