Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Reference exchange rate up 37 VND on August 16
The State Bank of Vietnam set the daily reference exchange rate at 23,918 VND/USD on August 16, up 37 VND from the previous day.
 |
| Reference exchange rate up 37 VND on August 16 |
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,113 VND/USD and the floor rate 22,772 VND/USD.
The daily reference exchange rate has been continuously adjusted up over recent days. It gained 22 VND during the week from August 7-11. From the beginning of this week (August 14) it has increased by a total 81 VND.
At commercial banks, the opening-hour rates went in different directions.
At 8:15 am, BIDV listed the rates at 23,815 VND/USD (buying) and 24,115 VND/USD (selling), both down 15 VND from the end of August 15.
Meanwhile, Vietcombank added 5 VND to both rates, listing at 23,775 VND/USD (buying) and 24,145 VND/USD (selling)./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
