July 21, 2021 | 08:59
The US Department of the Treasury and the SBV have reached an agreement to address the Treasury’s concerns about Vietnam’s currency practices.
December 29, 2020 | 11:20
In a 70-page report on its macroeconomic and foreign exchange policies of major trading partners, the US State Department of Treasury named Vietnam and Switzerland “currency manipulators”.
December 28, 2020 | 18:07
Prof. Dr. Tran Ngoc Tho from UEH outlines the questionable concepts in the US Treasury report labelling Vietnam and Switzerland currency manipulators.
August 26, 2019 | 23:55
The yuan weakened 0.7 per cent against the dollar following comments from the White House that President Trump’s only regret was not raising tariffs more.
May 20, 2019 | 08:59
Vietnam and the US will continue to work towards finding a common ground on financial matters, including the VND/USD exchange rate and trade balances.
January 03, 2019 | 10:40
The State Bank of Vietnam (SBV) has issued a circular to allow credit institutions and foreign bank branches to extend loans in foreign currencies to some borrowers in 2019, rather than cutting them off at the end of last year as planned.
December 25, 2018 | 11:44
The Fed hiking interest rates last week for the fourth time this year was not a total surprise and the dong has weathered through with poise.
August 14, 2018 | 20:45
The collapse of the Turkish lira has caused trauma as Turks see their purchasing power slashed, but bargain-hunting foreign tourists visiting the country at the peak of the summer season are cashing in on a currency windfall.
February 07, 2018 | 14:28
With the Lunar New Year (Tet) just around the corner, more and more overseas remittances flow to Vietnam to fuel the traditional shopping spree.
January 22, 2013 | 10:39
Christian Kamm, president of Kamm Investment, asks whether the State Bank’s dollarisation blitz can help get the gold market in order.
October 20, 2012 | 12:56
Industry insiders are biting into the year-end exchange rate and foreign currency credit situation.
September 26, 2012 | 16:52
Unlike previous years, the foreign exchange market has been relatively stable in the year to date and is forecast not suffer a dollar fever by the year’s end. However, National Financial and Monetary Policy Council member Tran Du Lich said the exchange rate policy must be held flexible to promote exports.
May 28, 2012 | 09:49
A new draft of amended ordinance on foreign exchange management was posted on May 10 to collect public opinions.
August 22, 2011 | 18:00
Standard & Poor’s has downgraded Vietnam’s local currency long term rating.
August 01, 2011 | 07:37
Some local lenders have broken ranks to offer higher than regulated dollar deposit rates.