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Central exchange rate hits VND24,036, an all-time high

The State Bank of Vietnam (SBV) increased the central exchange rate to VND24,036 per U.S. dollar on Friday, another record high.

Factors affecting bank profit outlook this year

Although the profit picture of most banks was upbeat in the first half of this year, the factors that impact bank performance are forecast to change.

Vietnam central bank raises USD price to VND23,825, close to year-high

The State Bank of Vietnam (SBV) increased the central exchange rate to VND23,825 per U.S. dollar on Friday, bringing the rate close to the highest level this year at VND23,833 on July 7-8.

Vietcombank leads profitability among state-controlled banks

Three of Vietnam s biggest lenders Vietcombank, Vietinbank and BIDV reported the same net interest income in the second quarter this year, but very different profits.

Reference exchange rate down 10 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,704 VND/USD on July 19, down 10 VND from the previous day.

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