The State Bank of Vietnam set its reference VND/USD exchange rate at 22,458 VND/USD on the morning of March 30, down by 5 VND from the day ago.
Thereference
VND/USD exchange rate is set at 22,458 VND/USD on the morning of March 30
(Photo: VNA)
With the current +/- 3 percent VND/USD
trading band, the ceiling exchange rate is 23,136 VND per USD and the floor
rate is 21,792 VND per USD.
Major commercial banks cut their rates accordingly.
Vietcombank cut its rates by 10 VND to 22,765 VND (buying) and 22,835 VND
(selling), per USD.
BIDV offered its rates at 22,770 VND (buying), and 22,840 VND (selling), per
USD, down by 15 VND, from the day earlier.
Meanwhile, Vietinbank posted its rates at 22,761 VND (buying) and 22,831 VND
(selling), down by 13 VND, per USD.-VNA
Source: VNA
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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