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Vietnam Business & Weather Briefing (Sep 22): Vietnam Business Integrity Index launched

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Business Briefing Reference exchange rate: VND 23,316/USD Business news: Vietnam Business Integrity Index launched Market news: Vietnamese giants invest trillions of dong in raising pigs Weather Forecast Cloudy weather with moderate to heavy rain and thunderstorms remains throughout the country. Business Briefing Reference exchange rate The State Bank of Vietnam set the daily reference exchange rate for the US dollar at VND 23,316/USD on September 22, up VND 15 from the previous day, following the Fed’s decision to raise the interest rate by 0.75 percentage points. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is VND 24,015/USD, and the floor rate VND 22,616/USD. The opening-hour rates at some commercial banks increased. At 8:32 am, BIDV listed the buying rate at VND 23,560/USD and the selling rate at VND 23,840/USD, up VND 10 from the end of September 21. Vietcombank kept both rates unchanged at VND 23