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Vietnam to pay attention to monetary policy after US report: c.bank official
Vietnam will pay more attention to its monetary policy as it is not only a domestic matter but a concern for the country's big trade partners, a central bank deputy governor said on Sunday, days after the U.S. Treasury's semi-annual currency report.
Vietnam doesn’t manipulate currency: US Treasury
Vietnam did not seek to manipulate their currencies for a trade advantage or to prevent effective balance of payment adjustments, the U.S. Treasury reported.
Dollar could reverse fall against dong next year: HSBC
The dollar has been dropping against the dong in recent months but could bounce back higher next year with slower FDI inflows and an expected current account deficit.
September 17, 2021 | 07:44 pm PT
Vietnam pledges not to devalue currency in agreement with US Treasury
Vietnam has pledged not to deliberately weaken its dong currency, reaching an agreement with the U.S. Treasury to make its monetary and exchange rate policies more transparent.
July 19, 2021 | 07:47 pm PT
Vietnam strengthens local currency against the dollar
The State Bank of Vietnam (SBV) lowered its buying price for the U.S. dollar by 0.65 percent to VND22.975, the first such move in half a year.
June 8, 2021 | 01:37 am PT
Vietnam tells US no desire for trade advantage through monetary policies
PM Nguyen Xuan Phuc has assured U.S. President Donald Trump that Vietnam does not seek to derive a trade advantage through its monetary policies.
December 22, 2020 | 06:58 pm PT
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.
November 1, 2020 | 10:37 pm PT
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 7, 2020 | 05:29 pm PT
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 | 12:31 am PT
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
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 20, 2019 | 06:00 pm PT
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 23, 2019 | 08:30 pm PT
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 7, 2019 | 01:46 am PT
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 | 06:19 am PT
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 | 05:30 am PT
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