The daily reference exchange rate for the US dollar is set at 23,637 VND/USD on October 18. (Photo:VNA)
Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,637VND/USD on October 18, up 51 VND from the previous day.
With the current trading band of +/- 5%, theceiling rate applicable to commercial banks during the day is 24,818 VND/USDand the floor rate 22,455 VND/USD.
The opening-hour rates at many commercial banksincreased.
At 8:30 am, BIDV listed the buying rate at24,205 VND/USD and the selling rate at 24,485 VND/USD, both up 30 VND from theend of October 17.
Meanwhile, Vietcombank kept both ratesunchanged at 24,130 VND/USD (buying) and the selling rate at 24,440 VND/USD(selling)./.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
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The daily reference exchange rate for the US dollar is set at 23,637 VND/USD on October 18. (Photo:VNA) 
