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On Friday morning, the strength of the U.S. dollar saw a slight decrease against the Vietnamese dong, trading near a five-week low against major currencies. The Vietnamese-based commercial bank, Vietcombank, traded the U.S. dollar at a rate of VND26,408, a…
In a fluctuating market, the U.S. dollar is showing signs of weakness against the Vietnamese dong and other major currencies this Monday morning. Vietcombank reported a slight decrease in the dollar selling rate to VND26,451, down by 0.008% since the weekend.…
The U.S. dollar weakened against the Vietnamese dong Friday morning, paving the way for a weekly loss against several major currencies. At Vietcombank, the dollar was sold at VND26,310, representing a slight decline of 0.04% from the previous day. Meanwhile,…
On Wednesday morning, the U.S. dollar surged to an all-time high against the Vietnamese dong, intensifying its ascent while remaining at a three-and-a-half-year low against other major currencies. The Vietcombank sold the greenback at VND26,323, reflecting a…
The U.S. dollar experienced a slight uptick against the Vietnamese dong on Thursday morning, but faced declines when matched against various major currencies. Vietcombank Adjusts Rates In an intriguing shift, Vietcombank increased its dollar exchange rate by…
The U.S. dollar held steady against the Vietnamese dong on Wednesday, even as it experienced a slight decline against several major world currencies. At Vietcombank, the dollar remained unchanged at VND26,140, while the black market valued it at VND26,500.…
Vietcombank Remittance was honored as “Remittance Company of the Year – Vietnam” for the third consecutive time by Asian Banking & Finance on Dec. 24. This achievement affirms the quality of services and the growth of Vietcombank Remittance, recognizing the…
State-owned Vietcombank has introduced an online registration system for gold bar purchases starting Wednesday. Customers can register to buy gold from 9 a.m. daily and collect their orders in the afternoon. Vietcombank said that it promises to keep all…
State-owned lender Vietcombank reported record pre-tax profits of VND41.2 trillion (US$1.68 billion) for 2023. Its previous highest was VND37.4 trillion a year earlier. It made the bank the most profitable in the industry by a margin of tens of trillions of…
On Monday morning, the U.S. dollar dropped at banks but remained unchanged at unofficial exchange points. Vietcombank sold the dollar at VND23,740 Monday, down 0.02% from Sunday. Eximbank and Techcombank sold the greenback 0.04% lower at VND23,720, and…
Vietcombank, Vietnam’s largest state-owned lender, named its current deputy general director Nguyen Thanh Tung as its new general director on Monday. Tung, 49, was the same day elected a member of Vietcombank’s board of management for the 2018-2023 term. He…
On Monday, the U.S. dollar went up against the Vietnamese dong at most banks and the black market. Vietcombank sold the dollar at VND23,800, up 0.34% from Saturday. Eximbank sold the greenback at VND23,770, up 0.30%. The rate at Techcombank is VND23,800, up…
The U.S. dollar plunges at commercial banks Wednesday morning, with Vietinbank selling it at VND24,785, down 0.26% from Tuesday. It dropped 0.20% to VND24,800 at Vietcombank, and 0.28% to VND24,770 at Eximbank. The State Bank of Vietnam set the reference rate…
On Thursday, the U.S. dollar has weakened against the Vietnamese dong at both banks and unofficial exchange points. Vietcombank sold the greenback 0.004% lower at VND24,854. TPBank let the dollar slide 0.004% to VND24,854. Techcombank sold it at VND24,852,…
The U.S. dollar continued to strengthen and reached its historic high against Vietnamese currency Saturday. The State Bank of Vietnam (SBV) on Saturday morning set the reference rate for the Vietnamese dong at VND23,283, the same as Friday and VND50 higher…
The Vietnamese government is urging banks to merge and increase their scale toward becoming more competitive. It wants to make Vietnam an ASEAN leader in the banking sector. The government wants banks to have a capital adequacy ratio of at least 10-11 percent…
