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Dollar drops on black market

Dollar drops on black market

The U.S. dollar dropped slightly against the dong on the black market on Thursday morning.

'1 million US dollars' dyed black seized at Tan Son Nhat airport

'1 million US dollars' dyed black seized at Tan Son Nhat airport

Two passengers have been caught at HCMC's Tan Son Nhat airport trying to take what looks like US$100 dollar notes painted black on a flight to Thailand.

Lenders warm to Vietnamese credits

Lenders warm to Vietnamese credits

Vietnamese borrowers are taking advantage of improved sentiment and abundant liquidity in the offshore loan markets, following positive sovereign rating news earlier this year.

September 20, 2019 | 01:44 am PT

Vietnamese man escapes controversial $3,900 fine for $100 note exchange

Vietnamese man escapes controversial $3,900 fine for $100 note exchange

A Can Tho man who had been slapped with a VND90 million ($3,900) penalty for changing a $100-bill has been pardoned.

November 5, 2018 | 08:10 pm PT

$3,855 fine for changing $100 will be reviewed: Deputy PM

$3,855 fine for changing $100 will be reviewed: Deputy PM

The legality of a $3,855 fine imposed for exchanging $100 in a gold shop should be reviewed, Deputy Prime Minister Truong Hoa Binh says.

October 28, 2018 | 01:53 am PT

Fitch raises Vietnam sovereign credit rating, sees fast growth

Fitch raises Vietnam sovereign credit rating, sees fast growth

The country will remain among the fastest-growing economies in the Asia-Pacific region, Fitch said.

May 14, 2018 | 11:16 pm PT

Vietnam's central bank expects credit growth to reach 17-18 percent

Vietnam's central bank expects credit growth to reach 17-18 percent

The State Bank also says it will keep the dong/dollar exchange rate stable.

November 29, 2016 | 11:18 pm PT

HSBC estimates Vietnam's foreign exchange reserves at $38 bln

HSBC estimates Vietnam's foreign exchange reserves at $38 bln

The central bank may have escaped the impacts of Brexit without exhausting its foreign reserves.

July 30, 2016 | 08:26 pm PT

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