The daily reference exchange rate on November 19 was kept unchanged from the last day of the previous week (November 16), standing at 22,721 VND per USD.
The daily reference rate for November 19 was unchanged from the last day of previous week. Illustrative image (Photo: VNA).
With the current
trading band of +/- 3 percent, the ceiling rate applied to commercial banks
during the day is 23,402 VND/USD and the floor rate 22,040 VND/USD.
The opening hour rates at commercial banks also stayed stable.
Vietcombank and BIDV kept both rates unchanged from November
16, listing the buying rate at 23,265 VND/USD and the selling rate at 23,355
VND/USD.
Both the rates at Techcombank were also the same as on
November 16, with the buying rate at 23,245 VND/USD and the selling rate at
23,355 VND/USD.
Last week (November 12-16), the reference exchange rate went
up on the first two days but turned around to fall on the last three days. It
opened the week at 22,725 VND/USD but ended at 22,721 VND per USD.
The rates listed at commercial banks fluctuated throughout
the week, but overall ending the week higher than on Monday.
Source: VNA
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
