The State Bank of Vietnam sets daily reference exchange rate for the US dollar at 23,201 VND/USD on July 14 (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,201VND/USD on July 14, up 3 VND from the previous day.
With the current trading band of +/-3 percent,the ceiling rate applicable to commercial banks during the day is 23,897 VND/USDand the floor rate 22,504 VND/USD.
The opening-hour rates at all commercial banks remainedstable.
At 8:30am, Vietcombank listed the buying rateat 23,220 VND/USD and the selling rate at 23,530 VND/USD, both unchanged fromJuly 13.
BIDV also kept both rates unchanged, listing at23,250 VND/USD (buying) and 23,530 VND/USD (selling)./.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,170 VND/USD on July 11, down 7 VND from the last working day of previous week (July 8).
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
The State Bank of Vietnam sets daily reference exchange rate for the US dollar at 23,201 VND/USD on July 14 (Photo: VNA) 
