The US Dollar. (Image: Getty Images)
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On September 19th, the exchange rate between the Vietnamese Dong (VND) and the US Dollar at banks rebounded, while the rate against the Chinese Yuan (CNY) slightly decreased.
Specifically, the central rate at the State Bank of Vietnam was listed at 25,186 VND/USD, unchanged from September 18th.
Within the ±5% trading band, the ceiling rate on September 19th was 26,445 VND/USD, and the floor rate was 23,926 VND/USD.
The reference exchange rate at the State Bank of Vietnam’s trading office is currently 23,977-26,395 VND/USD (buy-sell).
At commercial banks as of 8:30 AM on September 19th, Vietcombank increased the USD rate by 20 VND on the buying side and kept the selling side unchanged compared to the previous morning, now listed at 26,185-26,445 VND/USD (buy-sell).
Similarly, at BIDV, the USD rate also rose by 27 VND on the buying side and remained steady on the selling side, listed at 26,205-26,445 VND/USD (buy-sell).
Conversely, the Chinese Yuan at Vietcombank and BIDV reversed its trend, declining compared to September 18th. Vietcombank reduced both buying and selling rates by 3 VND, now at 3,651-3,768 VND/CNY (buy-sell).
At BIDV, the Yuan rate is currently 3,668-3,750 VND/CNY (buy-sell), down 1 VND on the buying side and 5 VND on the selling side.
– 08:56 19/09/2025
Nearly 15.8 Quadrillion VND Deposited in Banks
As of June 2025, the State Bank of Vietnam (SBV) reports that customer deposits have surged to nearly 15.8 quadrillion VND, marking a 3.2% increase compared to the previous month.
Banks Must Maintain a Minimum Capital Adequacy Ratio of 8% Effective September 15th
The State Bank of Vietnam has mandated that banks maintain a minimum capital adequacy ratio of 8%, with an additional capital buffer, effectively raising the consolidated standard to 10.5% over a four-year period.
September 15th Exchange Rates: USD Holds Steady, Chinese Yuan Dips Slightly
The USD exchange rate remained stable, while the Chinese yuan experienced a slight decline at commercial banks on the morning of September 15th, influenced by fluctuations in the international currency market.
Enhancing Internal Control, Audit, and Inspection in Credit Institutions
To ensure the safety, sustainability, and legal compliance of the financial system, the State Bank of Vietnam (SBV) regularly issues notifications and warnings to credit institutions through its supervisory, inspection, and monitoring activities. These communications emphasize strict adherence to legal regulations, SBV guidelines, and directives from relevant authorities.
Stable Interest Rates, Credit Growth Projected at 19-20% for 2025
Mr. Dinh Duc Quang, Director of the Currency Business Division at UOB Bank Vietnam, forecasts that with the current interest rate levels, the entire system’s credit growth could reach 19-20% for the year 2025.
