The State Bank of Vietnam set the daily reference exchange at 24,997 VND on June 17, up 5 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,995 VND/USD on June 5, down 9 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,978 VND/USD on May 30, up 16 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,187 VND/USD and the floor rate 23,693 VND/USD.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,208 VND/USD and the floor rate 23,712 VND/USD.

As of March 2025, 58 credit institutions in Vietnam had outstanding green loans, a sharp increase from 15 in 2017. The average growth rate of outstanding green loans in the 2017-2024 period reached over 21% per year, higher than the growth rate of outstanding loans for the economy.

However, along with pending internal shortcomings, the unusual and unprecedented developments in the world geopolitical situation since the beginning of 2025 have pushed international gold prices to continuously increase, resulting in strong fluctuations in domestic gold prices, and the growing gap between domestic and world gold prices.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,951 VND/USD on May 9, up 24 VND from the previous day.

With the current trading band of +/- 5%, the USD/VND ceiling rate applicable for commercial banks during the day is 26,143 VND/USD and the floor rate 23,653 VND/USD.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,891 VND/USD on April 15, up 5 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,886 VND/USD on April 14, down 37 VND from the last work day of the previous week.

Experts said a large portion of this influx of cash will likely flow into promising investment avenues like real estate and securities, especially given the current volatility in the gold market.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,843 VND/USD on March 28, down 3 VND from the previous day’s morning.

The credit growth quota system, which puts a cap on the credit expansion of each bank, has been maintained by the SBV since 2011, when Vietnam’s economy was experiencing hyperinflation stemming from excessive money supply.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,794 VND/USD on March 17, up 15 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,967 VND/USD and the floor rate 23,494 VND/USD.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,988 VND/USD and the floor rate 23,513 VND/USD.

While several commercial banks project profit increases of 20-33%, others, particularly state-owned, are taking a more cautious approach amidst unpredictable global financial conditions, highlighting a growing divergence in the banking sector’s outlook for this year.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,646 VND/USD on February 24, up 8 VND from the last work day of the previous week.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 25,832 VND/USD on February 18, up 25 VND from the previous day.