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 ...
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. ...
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 ...
Vietnam continues to meet the US Treasury criteria for not being labeled as a currency manipulator, according to the US Treasury.
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.
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, ...
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 ...
VCN- In February, the Covid-19 epidemic spread to many countries, investor sentiment became more and more anxious.
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 ...
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 ...
The State Bank of Vietnam (SBV) has reported a foreign currency reserve amount of 68 billion USD in the first half of 2019, the highest level so far.
Vietnam will auction over 600 tons of coins, whose minting has been stopped for years now because of their lack of popularity.
Anti-dollarization is urgently needed to protect the value of the nation’s currency and to minimize the adverse impacts that dollarization could place on the economy, experts have said.
VCN- After prosecuting criminal cases, the Customs authority has transferred dossiers of these cases to the Police Authority to handle in accordance with provisions of the law.
The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local ...