Unearned currency label unlikely to stick

Unearned currency label unlikely to stick

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”.
Transparency first: how to choose an upright broker

Transparency first: how to choose an upright broker 1

Foreign exchange trading has seen massive growth in the past few months as people confined to their homes with more time on their hands look for new avenues of investment.
Reference exchange rate up 5 VND

Reference exchange rate up 5 VND 1

The State Bank of Vietnam set the daily reference exchange rate at 23,206 VND/USD on February 4, up 5 VND from the previous day.
Reference exchange rate down 2 VND

Reference exchange rate down 2 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,156 VND/USD on January 16, down 2 VND from the previous day.
Gold shines as dollar weakened by geopolitical tension

Gold shines as dollar weakened by geopolitical tension

The rally in gold continued in Vietnam on June 25 with the price hitting a fresh, more-than-two-year high in Vietnam and a six-year high in the world.
SBV inconsistent in gold policy

SBV inconsistent in gold policy

The State Bank of Vietnam (SBV) sometimes said it would make local gold prices closer to the world’s prices, sometimes said it would not, and lately has announced it will join the gold market to bridge the price gap. Such inconsistency has put local consumers on tenterhooks, according to experts.
Charm offensive to attract power FDI

Charm offensive to attract power FDI

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.

Listed banks turn in good profit figures

Four Ho Chi Minh Stock Exchange-listed banks announced positive profits for the third quarter and first nine months of this year on October 27.