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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.

Trump says strong dollar hurting U.S. competitiveness

The U.S. central bank’s tight monetary policy was contributing to a strong dollar and hurting the United States’ competitiveness.

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

Vietnamese currency falls to new low, could go lower

The official exchange rate between Vietnamese dong and U.S. dollar reached its highest this year Wednesday, and  experts said the dong could depreciate further.
December 05, 2018 | 07:35 pm GMT+7

New US interest rate to exert pressure on Vietnam’s inflation goal

The recent increase in U.S. interest rate will generate pressure on the Vietnamese dong and make inflation target hard to meet, experts warn.
September 29, 2018 | 08:58 pm GMT+7

Exchange rate ‘under control’ assures State Bank of Vietnam

The dong has fallen against the U.S. dollar with the exchange rate hitting the lowest in years, but the central bank said the rate is “under control.”
August 02, 2018 | 10:52 am GMT+7

Central bank allows dong to slide against greenback

The Vietnamese dong has been losing ground against the U.S. dollar in the last few days as the central bank lowered its reference rate.
July 25, 2018 | 11:18 am GMT+7

Economists urge Vietnam to prevent deluge of Chinese products

With U.S.-China trade spat showing no sign of ending soon, experts say it is time for Vietnam to take preventive action.
July 23, 2018 | 07:58 am GMT+7

Central bank intervenes to check currency fall

The dong showed signs of stability on Wednesday, rising slightly against the dollar as the State Bank of Vietnam intervened to increase foreign currency supply.
July 18, 2018 | 06:49 pm GMT+7

Vietnam central bank ready to intervene as dong dips

The Vietnamese currency hit 22,965 to the dollar on Friday as the greenback rose in global markets.
July 03, 2018 | 10:23 am GMT+7

Vietnamese importers fret over dollar rate

Steel and textile firms worry over raw material and production costs.
June 20, 2018 | 07:24 am GMT+7

Dollar slips to 3-month lows, heads for worst year since 2003

The dollar started the year well but has fallen back on doubts about Donald Trump's ability to push through those policies.
December 29, 2017 | 04:57 pm GMT+7

Dollar at 8-week highs vs yen on US economic optimism

'Optimism about the U.S. economy is quite strong, and the dollar/yen's downside is quite limited.'
May 11, 2017 | 07:59 am GMT+7

Vietnam considers plan for gold trading floor to curb hoarding

Experts estimate that Vietnamese are keeping up to 500 tons of gold in personal savings, which could be channeled into the economy.
January 10, 2017 | 03:18 pm GMT+7

Vietnam's central bank sees no surge in year-end demand for dollars

The State Bank says there is no cause for alarm despite some pressure over the past week.
November 18, 2016 | 01:55 pm GMT+7
 
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