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Dong to fall slightly against the dollar

Dong to fall slightly against the dollar

The dong could average slightly lower this year to VND23,475 per dollar down from VND23,230 per dollar in 2019, according to Fitch Solutions.
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 | 06:20 pm GMT+7
Exchange rate likely to come under pressure in 2020: HSBC

Exchange rate likely to come under pressure in 2020: HSBC

Vietnam’s currency exchange rate might face pressures next year due to declining export growth, an HSBC official says.
December 21, 2019 | 09:00 am GMT+7
Vietnam likely to keep dong strong this year

Vietnam likely to keep dong strong this year

Vietnam has room to keep its currency strong until year-end despite pressures from a rising dollar and falling yuan, analysts said.
August 24, 2019 | 11:30 am GMT+7
Trade spat fallout: cheaper Chinese toys hurt Vietnamese producers

Trade spat fallout: cheaper Chinese toys hurt Vietnamese producers

An import surge of cheaper Chinese toys courtesy of the U.S.-China trade war is making life difficult for Vietnamese producers.
July 07, 2019 | 04:46 pm GMT+7
Vietnam seeks no unfair trade advantage: central bank

Vietnam seeks no unfair trade advantage: central bank

In respond to Vietnam's inclusion in a U.S. currency manipulation watchlist the SBV says the country seeks no unfair advantage over other countries.
May 30, 2019 | 09:19 pm GMT+7
US adds Vietnam to currency manipulation watchlist

US adds Vietnam to currency manipulation watchlist

The U.S. Treasury has added Vietnam to a currency manipulation watchlist, citing the country's trade surplus with the U.S as a factor.
May 29, 2019 | 08:30 pm GMT+7
Vietnam prepares to prop up currency, ready to sell greenback

Vietnam prepares to prop up currency, ready to sell greenback

Vietnam’s central bank has said it is ready to sell dollars to shore up the dong if needed.
May 22, 2019 | 07:48 pm GMT+7
Vietnam least affected ASEAN member by US-China trade pact

Vietnam least affected ASEAN member by US-China trade pact

Vietnam has the least proportion of its exports used as raw material for Chinese exports compared to ASEAN neighbours, a report says.
May 17, 2019 | 10:54 am GMT+7
Latest escalation of US-China trade war threatens Vietnam

Latest escalation of US-China trade war threatens Vietnam

The latest salvo in the U.S.-China trade war could intensify pressure on Vietnam, experts have warned.
May 15, 2019 | 08:12 am GMT+7
Vietnam to auction unused coin currency as scrap

Vietnam to auction unused coin currency as scrap

Vietnam will auction over 600 tons of coins, whose minting has been stopped for years now because of their lack of popularity.
May 14, 2019 | 04:45 pm GMT+7
Banks rates higher than free market as dollar shortage bites

Banks rates higher than free market as dollar shortage bites

Unusually, Vietnamese banks’ dollar prices have been higher than the free market as they face a dearth of greenbacks.
May 10, 2019 | 07:53 am GMT+7
Banknotes with pig images expected to be bestsellers

Banknotes with pig images expected to be bestsellers

Souvenir shops in HCMC are selling currency bills and coins with images of swine a month before the Year of the Pig begins.
January 12, 2019 | 03:46 pm GMT+7
Vietnam might become China's dumping ground amidst US trade war

Vietnam might become China's dumping ground amidst US trade war

As China rises up the value chain, where do its old low-quality technologies and machinery and the products they produce go?
December 23, 2018 | 10:00 am GMT+7
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