The daily reference exchange rate is set at 23,228 VND per USD on February 19 (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,228 VND per USD on February 19, up 14 VND from the previous day.
With the currenttrading band of +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,925 VND/USD and the floor rate 22,531 VND/USD.
The opening hour ratesat most commercial banks saw a slightfluctuation.
At 8:20 am, Vietcombank listed thebuying rate at 23,135 VND/USD and the selling rate at 23,305 VND/USD, unchanged from February 18.
However, BIDV cut 5 VND from both rates, with thebuying rate listed at 23,165 VND/USD and the selling rate at 23,305 VND/USD.
Techcombank added 5 VND to both rates, listingthe buying rate at 23,160 VND/USD and the selling rate at 23,320 VND/USD./.
After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds.
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The State Bank of Vietnam set the daily reference exchange rate at 23,218 VND per USD on February 17, up 3 VND from the last working day of previous week (February 14).
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The daily reference exchange rate is set at 23,228 VND per USD on February 19 (Photo: VNA) 
