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Remittances to Ho Chi Minh City rise despite pandemic

Remittances to Ho Chi Minh City rise despite pandemic

HCMC saw overseas remittances rise by 6 percent year-on-year to $4.2 billion in the first nine months of this year, despite the economic fallout of the Covid-19 outbreak.
Vietnam currency to remain stable throughout the year

Vietnam currency to remain stable throughout the year

Vietnam’s currency will likely remain stable this year as the greenback weakens and foreign exchange reserves rise, experts say.
September 08, 2020 | 08:29 am GMT+7
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.
January 20, 2020 | 03:31 pm GMT+7
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
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