Stable exchange rates key
March 25, 2013 | 14:21
Banking authorities are working hard to make sure the foreign currency market runs smoothly.
Forex flurry turns calm
March 13, 2013 | 16:54
The State Bank last week stepped in to calm a fluctuating foreign exchange market by reducing the selling price of USD on the interbank market.
Rumour sparks heated post Tet forex confusion
February 26, 2013 | 15:37
After the Tet holiday, a fluctuating foreign exchange rate has raised business community concerns.
State Bank rejects dong devaluation
February 25, 2013 | 09:14
The State Bank of Vietnam (SBV) has decided to maintain foreign exchange rates, and has the capacity to do so, said one official.
Banks’ sticky hands reach for greenbacks
October 16, 2012 | 09:54
Banks are becoming net purchasers of foreign currencies, creating a good base for the forex market despite exporters’ increased demand for foreign currencies at the year-end.
London Stock Exchange an opportunity for Vietnamese enterprises
September 29, 2012 | 09:55
Vietnamese entrepreneurs, stock investors and financial experts from the UK took part in a seminar in Ho Chi Minh City on September 26 to share their experiences of the opportunities and challenges faced in the international financial market via the London Stock Exchange.
FX to avoid getting hot under the collar
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.
Exchanging greenback views 1
July 23, 2012 | 17:37
The crystal balls are out to look at the dong-US dollar exchange rate situation in 2012’s second half.
Forex rate needs tweaking
July 04, 2012 | 14:10
The dong-US dollar exchange rate has been thrust under the microscope with economic experts pushing for a revision of the dong-US dollar exchange rate.
Fluid FX needed for exporters
July 02, 2012 | 14:37
A loosened exchange rate is essential to stimulate exports and reduce year-end foreign currency risks, analysts claim.
Charm offensive to attract power FDI
July 02, 2012 | 12:20
A greater foreign exchange guarantee and an independent power distribution mechanism could be rolled out to attract much needed foreign direct investment into Vietnam’s power sector.
Dong getting squeezed by many hands
November 28, 2011 | 12:24
The Vietnamese currency is not likely to see a sharp devaluation by the year’s end despite seasonal dollar supply pressures.
Usual suspects still haunt banks
November 21, 2011 | 07:21
Vietnam’s macroeconomy recently exhibited some good signs, with October’s consumer price index data rising only slightly against September, by 0.36 per cent and representing the lowest increase this year.
SBV raises interbank exchange rate
October 27, 2011 | 13:46
The State Bank of Vietnam on October 26 raised the interbank exchange rate by VND20 to VND20,768 per dollar, its highest level this year.
Exchange rates and the economy: Renewed pressures
October 17, 2011 | 07:00
Exchange rate pressures are returning with a vengeance from a number of directions to cloud the macroeconomic picture well into 2012, writes former IMF economist Dr. Pham Do Chi.
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