The State Bank of Vietnam set the daily reference exchange rate at 23,052 VND/USD on the morning of June 4, down by 8 VND from the day ago (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,052 VND/USD on the morning of June 4, down by 8 VND from theday ago.
With the current trading band of +/- 3 percent, the ceiling rate applied bycommercial banks for the day is 23,743 VND/USD and the floor rate is 22,360VND/USD.
At 8:15, Vietcombank posted the buying rate at 23,350 VND/USD and theselling rate at 23,470 VND/USD, down by 5 VND from the same time the dayearlier.
BIDV offered the rates at 23,340-23,460 VND/USD, down by 15 VND from thesame time on June 3.
Techcombank posted 23,330 VND/USD (buying) and 23,470 VND/USD (selling), downby 5 VND from the day ago.-VNA
The foreign exchange market in Vietnam has heated up recently when the daily reference exchange rate set by the State Bank of Vietnam (SBV) continuously climbed to new record levels and the VND/USD rates listed at commercial banks also surged.
The State Bank of Vietnam set the daily reference exchange rate at 23,060 VND per USD on June 3, down 5 VND from the last working day of previous week (May 31).
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The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
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The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
The State Bank of Vietnam set the daily reference exchange rate at 23,052 VND/USD on the morning of June 4, down by 8 VND from the day ago (Photo: VNA) 
