Vietnam Business & Weather Briefing (Oct 12): Consumption Taxes on Gasoline to Stay in Place
Business Briefing Reference exchange rate: VND 23,480/USD Petrol price: Special consumption taxes on gasoline to stay in place Aviation news: Vietjet resumes direct flights from Da Nang to Tokyo Market news: Automobile sales up 8.5% in September Growth forecast: IMF forecasts Vietnamese GDP growth to continue at 7% this year Weather Forecast Cool weather remains in most parts of the country. In some regions, the cold is predicted to appear in early morning. Business Briefing Reference exchange rate The State Bank of Vietnam set the daily reference exchange rate for the US dollar at VND 23,480/USD on October 12, up VND 29 from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is VND 24,183/USD, and the floor rate VND 22,777/USD. The opening-hour rates at many commercial banks increased. Vietcombank listed the buying rate at VND 23,760/USD and the selling rate at VND 24,070/USD, both up VND...