On July 17, the central exchange rate was listed by the State Bank at 25,176 VND/USD, an increase of 8 VND per USD compared to yesterday.
Over the past month, the central exchange rate has increased by nearly 180 VND, from below 25,000 VND.
The USD price at commercial banks also increased this morning. Vietcombank quoted the USD price at 25,980 VND for buying and 26,340 VND for selling, up 10 VND compared to yesterday and extending the increase for the third consecutive day, adding a total of about 50 VND/USD.
BIDV listed the USD price at a higher level, buying at around 25,970 VND/USD and selling at 26,336 VND/USD.
Since the beginning of the year, the USD/VND exchange rate in Vietnam has increased by about 3%.
Remittances to Ho Chi Minh City reached more than 5.2 billion USD in the first half of this year.
Regarding remittances, according to statistics from the State Bank of Region 2, the amount of remittances transferred to Ho Chi Minh City through credit institutions and economic organizations increased sharply in the second quarter of 2025, reaching nearly 2.82 billion USD, an increase of 22.1% over the same period.
In the first half of 2025, the total amount of remittances to Ho Chi Minh City reached 5.23 billion USD, continuing to grow over the same period.
Where does the most water flow from?
By market, Africa has the highest increase in remittances to the city (130.8%), Europe has a growth rate of 16%, America has a growth rate of 11.9%, Oceania has a growth rate of 8.9%...
Asia continues to be the market with the largest proportion and dominates the remaining markets. The reason is due to the strong increase from markets such as Japan, Korea, Taiwan (China), where many Vietnamese workers work.
Ms. Tran Thi Ngoc Lien, Deputy Director of the State Bank of Vietnam, Region 2 Branch, assessed that the amount of remittances sent back in the second quarter of this year through credit institutions and economic organizations increased sharply compared to the same period in recent years.
"The steady increase in remittances over the years has created conditions for the city's economic development, stimulated consumption and investment, and increased foreign currency supply," said Ms. Tran Thi Ngoc Lien.
Central rate increases continuously. Source: SBV
State Bank Region 2 is located in Ho Chi Minh City, managing the old neighboring provinces such as Dong Nai, Ba Ria - Vung Tau, Binh Duong, Binh Phuoc from July 1.
The provinces of Ba Ria - Vung Tau, Binh Duong, Dong Nai, Binh Phuoc (before the merger) had remittances transferred through credit institutions reaching over 127.5 million USD as of June 30. These provinces do not have any economic organizations directly receiving and paying foreign currency.
According to economic experts, remittances to Ho Chi Minh City and the whole country maintain a positive growth momentum, contributing to increasing foreign currency supply and stabilizing exchange rates...
Source: https://nld.com.vn/kieu-hoi-tu-chau-phi-do-ve-tp-hcm-tang-dot-bien-196250717082103706.htm
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