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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.
Dong falls to new low against greenback

Dong falls to new low against greenback

The dong has fallen by 1.4 percent to the dollar this year, hitting the lowest level in years.
October 02, 2019 | 08:11 am 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
VND currency hits new low against USD

VND currency hits new low against USD

Commercial banks are selling USD for nearly VND23,500, a historical peak, with rates rising steadily since last week.
May 20, 2019 | 04:00 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
Vietnam’s dong falls to new low against the dollar

Vietnam’s dong falls to new low against the dollar

The Vietnamese dong continued to fall against the U.S. dollar, going beyond its lowest level ever recorded on April 24. 
May 08, 2019 | 09:25 am GMT+7
Vietnam currency falls to historic low

Vietnam currency falls to historic low

The Vietnamese dong has fallen to its lowest level ever against the U.S. dollar, and banks are fixing their exchange rates accordingly.
April 24, 2019 | 09:14 pm GMT+7
Higher Fed interest rate could weaken Vietnamese currency

Higher Fed interest rate could weaken Vietnamese currency

The U.S. recent interest hike might result in a high demand for U.S. dollars in Vietnam, weakening the local currency further, experts say.
December 23, 2018 | 07:58 am GMT+7
Vietnamese currency falls to new low, could go lower

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
Exchange rates, tax worry Vietnam’s most profitable firms: survey

Exchange rates, tax worry Vietnam’s most profitable firms: survey

Exchange rate fluctuations and high taxes are the main concerns of Vietnam’s most profitable businesses, a recent report has found.
October 25, 2018 | 08:42 am GMT+7
US-China trade spat will exert exchange rate pressure on Vietnam

US-China trade spat will exert exchange rate pressure on Vietnam

If US-China trade tensions drag on, Vietnam will still see good growth but face strong exchange rate pressures exerted by two major currencies.
October 15, 2018 | 04:01 pm GMT+7
Vietnam’s exchange rate won’t go haywire this year: experts

Vietnam’s exchange rate won’t go haywire this year: experts

Vietnam’s recent exchange rate fluctuation will not carry into the last quarter thanks to strong government reserves, experts say.
October 14, 2018 | 08:00 am GMT+7
Vietnam to hike power prices in 2019

Vietnam to hike power prices in 2019

Vietnam is considering increasing power prices next year due to rising costs, a senior official said.
September 30, 2018 | 08:13 am GMT+7
New US interest rate to exert pressure on Vietnam’s inflation goal

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
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