Pressure on exchange rate plunges

Pressure on exchange rate plunges

VCN - Currently, the sharp decrease in pressure on the exchange rate in August thanks to the weakening of the USD, and the maintained and improved stability of Vietnam's macro environment will be a basis for stabilizing the exchange rate in 2024.
Inflationary pressure seen from monetary policy

Inflationary pressure seen from monetary policy

The economy went through the first half of the year, inflation is still under control and forecast to reach the target set by the National Assembly and the Government
Determine tools, policy for inflation control

Determine tools, policy for inflation control

Inflation is an issue that needs special attention, especially related to the management of monetary policy, interest rates, increasing prices of goods and services...
Businesses flexibly navigate exchange rate fluctuations

Businesses flexibly navigate exchange rate fluctuations

VCN - Accordingly, the USD has increased by nearly 5% against the VND since the beginning of 2024.
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

VCN - According to Vu Nhu Thang, Deputy Chairman in charge of NFSC, the economy in 2024 has more prospects than 2023 thanks to the strong promotion of public investment and specific policies to promote production activities, consumer economy, and investme
Exposing the sophisticated smuggling tricks of 2 female passengers

Exposing the sophisticated smuggling tricks of 2 female passengers

Customs authorities did not detect any smuggling goods by checking the suspected subjects' checked luggage and carry-on luggage. However, as soon as the examination began, the subject burst into tears...
Proactive in dealing with exchange rate pressure

Proactive in dealing with exchange rate pressure

Recently, the State of Bank (SBV) withdrew VND 30,000 billion through the T-bills channel, contributing to reducing exchange rate pressure.
The exchange rate is heated up: Need flexible regulation to control inflation

The exchange rate is heated up: Need flexible regulation to control inflation

The exchange rate has been increasing sharply since the beginning of the year until now, despite the context that foreign currency liquidity is still abundant thanks to positive indicators of trade and investment.
A "moderate" increase in VND and US$ exchange rates will boost exports

A "moderate" increase in VND and US$ exchange rates will boost exports

VCN - According to experts, in recent times, the moderate depreciation of VND compared to USD will help promote export activities and increase the competitiveness of Vietnamese exports.
Exchange rate forecast to remain stable in second half of 2023

Exchange rate forecast to remain stable in second half of 2023

The period of strong volatility of the US dollar has ended, and the USD/VND exchange rate in the last six months of 2023 will remain stable, experts have forecast.
Managing the balance between the exchange rate and inflation

Managing the balance between the exchange rate and inflation

VCN - In a report on the current bond market, experts of SSI Securities Company said that the exchange rate at commercial banks and on the free market was almost flat, fluctuating around 23,450 VND/USD.
Managing balance between exchange rate and inflation

Managing balance between exchange rate and inflation

VCN - Currently, foreign exchange rate fluctuations in Vietnam are assessed at an acceptable level, helping to increase foreign exchange reserves. With exchange rate stability, inflation control is also forecasted to have fiscal space to control according
Need to effectively use tools to prevent exchange rate risks in import and export field

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

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

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

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
Keeping the exchange rate stable to control inflation and lower interest rates

Keeping the exchange rate stable to control inflation and lower interest rates

VCN - In an interview with Customs News, Dr. Nguyen Duc Do, Deputy Director of the Institute of Economics and Finance, Academy of Finance, said that with the gradual reduction of inflation pressure, the world USD index in a downward trend will help the do
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