currency

An Giang Customs: Preventing many cases of illegal currency transport and tax fraud

15:41 | 13/07/2024 Anti-Smuggling

VCN - Many cases of illegal cross-border currency transport and tax fraud have been detected, prevented, and criminally prosecuted by An Giang Customs Department.

Interest rate fluctuations in the world will affect Vietnam's exports

10:18 | 25/06/2024 Import-Export

VCN - According to experts, the recent interest rate cuts by the European Central Bank (ECB) and the Bank of Canada (BoC) are important moves that signal a broader trend of monetary easing among major central banks. This is likely to affect Vietnam's expo

Fighting smuggling on the Southwest border has no end in sight

20:13 | 18/05/2024 Anti-Smuggling

VCN - According to the assessment of the competent forces, smuggling activities and illegal transportation of goods across the Southwest border, although not creating hot spots, tend to develop in a complicated manner.

Interest rate management: From high rates to loosening

13:50 | 17/01/2024 Finance

VCN - In 2023, many times the leaders of the State Bank of Vietnam (SBV) had to express that: operating monetary policy has never been so difficult because of impacts from many directions. Therefore, finding a balance for monetary policy to support the ec

The Government clearly stipulates the responsibilities of each agency in preventing and combating counterfeit money

10:55 | 16/12/2023 Regulations

VCN - The Government signed and promulgated Decree No.87/2023/ND-CP regulating the prevention and combat of counterfeit money and the protection of Vietnamese currency (Decree 87). The Decree takes effect from February 2, 2024.

Need to effectively use tools to prevent exchange rate risks in import and export field

10:32 | 02/04/2023 Import-Export

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable,

Solve the exchange rate problem, ensure harmony for import and export policies

09:45 | 13/02/2023 Import-Export

VCN - Vietnam's currency, although under a lot of pressure from global economic and political uncertainties, is still among the least depreciated group compared to the region and the world. This continues to pose a problem of exchange rate management in 2

Problem of managing interest rates before "wave" of tightening monetary policy

14:06 | 13/07/2022 Import-Export

VCN - Many countries tighten monetary policy to cope with inflation andexpand credit to support the economy during the recovery period. This makes the management of monetary policy, including the interest rate issue of the State Bank of Vietnam (SBV), fac

Vietnam continues to meet US Treasury criteria for not being labelled as currency manipulator

17:03 | 05/12/2021 Finance

Vietnam continues to meet the US Treasury criteria for not being labeled as a currency manipulator, according to the US Treasury.

Govt plans to issue bonds in foreign currency

16:58 | 29/11/2021 Finance

The Government plans to issue US dollar-denominated bonds in the domestic market to fund additional stimulus packages to foster the recovery of the economy.

Virtual currency and exchange: Investing for profits but getting risk

14:54 | 11/04/2021 Import-Export

VCN- Searching on Google or Facebook with the keyword "forex" or "virtual currency" the searcher will receive hundreds of thousands of results, including thousands of offers to participate in investment, buying and selling.

Vietnam responds to US accusation of currency manipulation

19:17 | 17/12/2020 Finance

The State Bank of Vietnam has responded to accusations made by the US Treasury Department of the nation carrying out currency manipulation, stating that market intervention measures have not been made to create an unfair competitive advantage in relation

Currency in the "whirlpool" of disease

11:46 | 24/03/2020 Import-Export

VCN- In February, the Covid-19 epidemic spread to many countries, investor sentiment became more and more anxious.

Vietnamese currency under bigger pressure in 2020

19:42 | 21/01/2020 Finance

After being relatively stable last year the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds

VND to weaken slightly for rest of 2019

17:40 | 25/07/2019 Finance

The Vietnamese dong (VND) will weaken only slightly during the remaining months of 2019, with the 2019 average predicted to slide to VND23,300/USD, from the previous forecast of VND23,440/USD, in light of the currency’s stability over the year’s first hal