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“Techcombank Elevates Partnership with Wincommerce to Enhance Customer Experience and Value”

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Techcombank, a leading commercial joint-stock bank in Vietnam, and WinCommerce, a prominent comprehensive trading services company, have taken their strategic alliance to new heights. This elevated partnership aims to deliver an unparalleled privileged payment solution to their customers, offering seamless access to an extensive range of financial and non-financial services.

The Greenback and the Yuan: A Tale of Continuous Rise

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The State Bank of Vietnam has set the reference exchange rate at 24,572 VND per USD, a further increase of 22 VND compared to February 12th morning. With a +/- 5% fluctuation band, the ceiling and floor rates for the day are 25,801 VND and 23,343 VND, respectively.

The Central Bank’s Aggressive Reduction of Funds Through Bill Channels

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In the week following the Lunar New Year celebrations (03-10/02/2025), the State Bank of Vietnam (SBV) reduced the issuance of treasury bills while ramping up lending through the channel of pledging valuable papers.