Accounting exchange rate for December: USD and EURO slightly decrease

On November 30, 2017, the State Treasury of Vietnam issued Announcement 5720/TB-KBNN on the exchange rate of foreign currencies for accounting in December 2017.

The accounting exchange rate between the Vietnamese Dong and other foreign currencies in December is specifically regulated as follows:

- 1 USD (United States) = 22,451 Dong;- 1 EUR (Europe) = 26,618 Dong;- 1 GBP (United Kingdom) = 30,125 Dong;- 1 AUD (Australia) = 17,025 Dong;- 1 JPY (Japan) = 200 Dong;- 1 DEM (Germany) = 10,136 Dong;- 1 CNY (China) = 3,397 Dong;

Thus, compared to November, the exchange rate between the Vietnamese Dong and the U.S. Dollar in December decreased slightly, with a reduction of 14 Dong. Generally, other foreign currencies also decreased compared to the previous month.

For detailed accounting exchange rates of other foreign currencies, please refer to the attached appendix of Notice 5720/TB-KBNN.

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