The State Bank of Vietnam sets daily reference exchange rate at 23,197 VND/USD on December 17. (Photo: VNA)
Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate at 23,197 VND/USD on December 17,up 2 VND from the previous day.
With the current trading band of +/- 3 percent, the ceilingrate applicable to commercial banks during the day is 23,897 VND/USD and thefloor rate 22,502 VND/USD.
The opening-hour rates listed at commercial banks sawincreases.
At 8:30am, Vietcombank listed the buying rateat 22,880 VND/USD and the selling rate at 23,150 VND/USD, both up 20 VND fromDecember 16.
Meanwhile, BIDV cut the buying rate by 35 VND andraised the selling rate by 5 VND, listing at 22,905 VND/USD and 23,150 VND/USD,respectively./.
The State Bank of Vietnam set the daily reference exchange rate at 23,207 VND/USD on December 13, up 32 VND from the last working day of the previous week.
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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.
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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 State Bank of Vietnam sets daily reference exchange rate at 23,197 VND/USD on December 17. (Photo: VNA) 
