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US gets its way as Vietnam agrees not to devalue currency

US gets its way as Vietnam agrees not to devalue currency

The U.S. Trade Representative's office has determined that no tariff action is warranted against Vietnam after its central bank agreed to refrain from "competitive devaluation" of the dong.

Vietnam not to blame for trade deficit: US firms

Vietnam not to blame for trade deficit: US firms

Several American businesses and organizations worry about risks of the U.S. applying tariffs on Vietnam's exports, citing the U.S.'s large trade deficit is not due to currency valuation.

PM Phuc dismisses US claim Vietnam manipulates currency for trade advantage

PM Phuc dismisses US claim Vietnam manipulates currency for trade advantage

Vietnam's monetary policies are meant to ensure economic stability and not create trade advantages for it, Prime Minister Nguyen Xuan Phuc has said.

December 18, 2020 | 05:43 pm PT

Vietnam rejects ‘currency manipulator’ label

Vietnam rejects ‘currency manipulator’ label

Vietnam has rejected the U.S.’s currency manipulator label, reiterating that its monetary policies do not target unfair trade advantages.

December 16, 2020 | 11:43 pm PT

Vietnam stuck on US currency manipulation watchlist

Vietnam stuck on US currency manipulation watchlist

The U.S. Department of Treasury has concluded no major American trading partner is a currency manipulator but placed 10 countries, including Vietnam, on its watchlist.

January 15, 2020 | 03:20 am PT

Vietnam may be added to expanded US list on currency manipulation: Bloomberg

Vietnam may be added to expanded US list on currency manipulation: Bloomberg

The Trump administration will expand the number of countries it monitors for currency manipulation in an upcoming report expected this month.

May 9, 2019 | 04:59 pm PT

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