Vietcombank CNY price decreased; TPBank and MB CNY increased selling price

Today's Yuan Exchange Rate

Today's Chinese Yuan (CNY) exchange rate, April 10, 2024, Vietnam Joint Stock Commercial Bank for Foreign Trade (VCB) announced that the Chinese Yuan exchange rate decreased in both directions compared to yesterday. VCB's buying price of Chinese Yuan is 3,380.46 VND/CNY and selling price is 3,524.78 VND/CNY.

Foreign exchange rates at Vietcombank today, April 10, 2024

The State Bank announced that the cross exchange rate between Vietnamese Dong and Chinese Yuan applied to calculate export and import taxes, effective from April 4, 2024 to April 10, 2024, is 1 CNY = 3,319.79 VND.

This morning, April 10, 2024, the CNY exchange rate compared to yesterday (April 9) at TPBank , the highest CNY transfer buying price is 3,415.00 VND/CNY.

Today's Yuan exchange rate April 10, 2024 at some banks

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

Meanwhile, in the selling direction, 2 banks increased their selling prices, 2 banks decreased their selling prices and 2 banks kept their selling prices unchanged compared to yesterday.

Foreign Trade Bank bought Chinese Yuan (CNY) at the highest price of 3,380.46 VND/CNY. The lowest selling Chinese Yuan (CNY) was Techcombank with the selling price of 3,849.00 VND/CNY.

Today, TPBank sells CNY at the highest price, specifically the price is 3,559.00 VND/CNY.

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

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

RMB exchange rate at the market price

Today, April 10, 2024, CNY surveyed at the morning market price; buying price of CNY is 3,470.00 VND/CNY and selling price of CNY is 3,530.00 VND/CNY.

Foreign currency price list at today's market 4/10/2024

In Hanoi, Ha Trung Street (Hoan Kiem District) is the largest foreign exchange place that can help you exchange many popular 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 exchange streets must comply with the regulations of Vietnamese law.

Chinese Yuan Forecast

According to data compiled by the General Statistics Office, China is Vietnam's largest import market with an estimated turnover of 20.9 billion USD in the first two months of the year, with a trade deficit of up to 12.8 billion USD, a sharp increase of 98.2% over the same period. In contrast, the trade deficit with two other major trading partners decreased, including the trade deficit with South Korea down 4.3% to 3.7 billion USD and the trade deficit with ASEAN down 21.9% to 1 billion USD.

Predicting the CNY/VND exchange rate in the future 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 increase slightly in the near future due to the above factors still affecting. However, the increase will not be significant because the State Bank will have measures to control the exchange rate.

Previously, in 2023, the trade deficit with China was 49.9 billion USD, down 17.6%. Thus, the trade deficit with China soon changed from decreasing to increasing very strongly again.

Information about the Chinese Yuan

The Chinese Yuan (symbol: ¥, code: CNY) is the official currency of the People's Republic of China, issued in 1948 and has undergone 5 series of replacement issuances. The international abbreviation for the Chinese Yuan is RMB, in Vietnam the Chinese Yuan is often called in simplified form as Yuan.

Chinese currency in circulation on the market includes 2 types of paper money and coins. The denominations of Chinese currency are 100 yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan, 2 yuan, 1 yuan (paper money), 1 hao, 2 hao, 5 hao (coins). The counting units of the Chinese currency are Yuan, Jiao, Fen corresponding to Yuan, Hao, Xu with the conversion: 1 yuan = 10 hao, 1 hao = 10 xu.

The renminbi is only circulated in mainland China and is not officially used in Hong Kong and Macau.

Refer to the popular foreign currency exchange - buying and selling Chinese Yuan addresses in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop - No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

2. Gold and Silver Fine Arts - No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Store - No. 119 Cau Giay, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company - No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

5. Toan Thuy Store - No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan District, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones - No. 19 Tran Nhan Tong, Bui Thi Xuan, Hoan Kiem District, Hanoi

7. Chinh Quang Store - No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store - No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

9. Huy Khoi Store - No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Refer to the popular foreign currency exchange - Won buying and selling addresses in Ho Chi Minh City:

1. Minh Thu Currency Exchange - No. 22 Nguyen Thai Binh, District 1, Ho Chi Minh City

2. Kim Mai Gold Shop - 84 Cong Quynh, District 1, Ho Chi Minh City

3. Kim Chau Gold Shop - 784 Dien Bien Phu, Ward 10, District 10. Ho Chi Minh City

4. Saigon Jewelry Center - 40-42 Phan Boi Chau, District 1, Ho Chi Minh City

5. Kim Hung foreign currency exchange agency - No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City

6. DOJI Jewelry Store - Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, Ho Chi Minh City

7. Kim Tam Hai Shop - No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, Ho Chi Minh City

8. Bich Thuy Gold Shop - No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, Ho Chi Minh City

9. Ha Tam Gold Shop - No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, Ho Chi Minh City

10. System of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank.

* Information for reference only!

Source: https://congthuong.vn/ty-gia-nhan-dan-te-hom-nay-1042024-gia-nhan-dan-te-vietcombank-giam-cny-tpbank-va-mb-cung-tang-gia-ban-313834.html