Vietcombank Yuan's price decreased; CNY TPBank and MB both increased selling prices - Vietnam.vn (2024)

Yuan exchange rate today

Renminbi (CNY) exchange rate today April 10, 4, Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) said that the Renminbi exchange rate decreased in both directions compared to yesterday. The buying price of VCB's Yuan is 2024 VND/CNY and the selling price is 2 VND/CNY.

Foreign exchange rates at Vietcombank today April 10, 4

The State Bank announced that the cross exchange rate between Vietnam Dong and Chinese Yuan used to calculate export tax and import tax effective from March 4, 4 to April 2024, 10 is 4. CNY= 2024 VND.

This morning, April 10, 4, the CNY exchange rate compared to yesterday (April 2024) at TPBank had the highest CNY transfer purchase price at 9 VND/CNY.

Yuan exchange rate today April 10, 4 at some banks

Compare Chinese Yuan (CNY) exchange rates between the 6 largest banks in Vietnam. Today, March 10, 4, the CNY exchange rate in the buying direction has 2024 banks increasing the buying price, 1 banks reducing the buying price and 1 banks keeping the buying price unchanged compared to yesterday.

Meanwhile, on the selling afternoon, 2 banks increased the selling price, 2 banks decreased the selling price and 2 banks kept the selling price unchanged compared to yesterday.

The Foreign Trade Bank bought Yuan (CNY) at the highest price of 3.380,46 VND/CNY. The lowest selling price of Yuan (CNY) is Techcombank with the selling price of 3.849,00 VND/CNY.

Today, TPBank sells CNY at the highest price, specifically 3.559,00 VND/CNY.

Of the 20 foreign currencies being traded at Vietcombank, only 12 currencies are bought and sold by Vietcombank in cash or transfer: US Dollar (USD), Euro (EUR), Yuan (CNY) , Australian Dollar (AUD), British Pound (GBP), Canadian Dollar (CAD), Swiss Franc (CHF), Singapore Dollar (SGD), Korean Won (KRW), Japanese Yen (JPY), Dollar Hong Kong (HKD), Bath Thailand (THB).

With the remaining 8 foreign currencies, customers can transact by transfer: Danish Krone (DKK), Indian Rupee (INR), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), Norwegian Krone (NOK ), Russian Ruble (RUB), Saudi Arabian Riyal (SAR) and Swedish Krona (SEK).

Renminbi exchange rate at the price market

Today, April 10, 4, CNY was surveyed at the market price this morning; The buying price of Yuan is 2024 VND/CNY and the selling price of CNY is 3.470,00 VND/CNY.

Foreign currency price list at the price market today April 10, 4

In Hanoi, Ha Trung Street (Hoan Kiem District) is the largest foreign exchange place that can help you exchange many popular foreign currencies on the market today, such as USD (US Dollar), Euro, Yen. (Japanese Yen), Won (Korean Won)… and many other currencies. However, exchanging money at these foreign currency streets must comply with the provisions of Vietnamese law.

Forecast Yuan

According to data compiled from the General Statistics Office, China is Vietnam's largest import market with an estimated turnover of 20,9 billion USD in the first 2 months of the year, a trade deficit of up to 12,8 billion USD, increased sharply by 98,2% over the same period. In contrast, the trade deficit from two other major trading partners decreased, including the trade deficit from Korea decreased by 4,3% to 3,7 billion USD and the trade deficit from ASEAN decreased by 21,9% to 1 billion USD. la.

Predicting the future CNY/VND exchange rate is quite difficult because it depends on many factors, such as those mentioned above. However, according to experts, the CNY/VND exchange rate may continue to trend slightly upward in the near future because the above factors are still having an impact. However, the increase will not be significant because the State Bank will take measures to control the exchange rate.

Previously, in 2023, the trade deficit from China was 49,9 billion USD, down 17,6%. Thus, the trade deficit from China soon changed from decreasing to increasing strongly again.

Information about money Yuan

The Yuan (symbol: ¥, code: CNY) is the official currency of the People's Republic of China, issued in 1948 and has undergone five series of replacement issuances. The renminbi has an abbreviation according to international convention as RMB. In Vietnam, the renminbi is often simply called currency.

Chinese currency circulating on the market includes two types of paper money and coins. The denominations of Chinese currency are respectively 2 yuan, 100 yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan, 2 yuan (banknotes), 1 dime, 1 dimes, 2 dimes (coins). The counting units of Yuan are Yuan, Jiao, Fen corresponding to yuan, dime, and cent with conversion: 5 yuan = 1 dimes, 10 dime = 1 cents.

Yuan currency only circulates in mainland China, not officially used in Hong Kong and Macau.

* Information for reference only!