The US Dollar (USD). (Photo: AFP/ VNA)
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On June 2nd, 2025, the exchange rate between the Vietnamese Dong (VND) and the US Dollar (USD) at commercial banks continued its upward trend, while the Chinese Yuan (CNY) witnessed a slight dip.
Specifically, at 8:30 am local time, Vietcombank and BIDV listed their buying and selling rates for USD at 25,850-26,210 VND/USD, reflecting an increase of 20 VND in both rates compared to May 30th.
Meanwhile, the State Bank of Vietnam set the daily reference exchange rate at 24,970 VND/USD, a decrease of 8 VND from the previous day.
With a permitted trading band of ±5% around the reference rate, the ceiling and floor rates applicable are 26,218 VND/USD and 23,721 VND/USD, respectively.
The buying and selling rates at the State Bank of Vietnam’s exchange rate are currently 23,772 VND/USD and 26,168 VND/USD, respectively.
In contrast, the Chinese Yuan reversed its trend from the previous week. Vietcombank’s buying and selling rates for the Yuan decreased by 4 VND each, settling at 3,559-3,673 VND/CNY.
Similarly, BIDV adjusted its buying and selling rates for the Yuan downward by 4 VND each, resulting in rates of 3,577-3,675 VND/CNY.
– 08:39 02/06/2025
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The USD exchange rate at Vietcombank and BIDV is currently quoted at 25,830-26,190 VND/USD (buy-sell), with Vietcombank increasing by 50 VND and BIDV by 40 VND in both buying and selling rates compared to the morning of May 29th.
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As of 8:30 a.m. on May 29, the USD exchange rate at Vietcombank was set at 23.780-23.140.00 VND/USD (buy-sell), witnessing a rise of 40 VND in both buying and selling rates compared to the previous day, May 28.
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