Forex reserves estimated at $19-20 bln
April 24, 2012 | 14:10
The foreign exchange reserves of Vietnam have improved significantly, equivalent to the payments for 9 weeks of imports from about 7.5 weeks as of mid-2011, said the government in a recent report.
Move to fortify forex positions
March 25, 2012 | 23:30
The State Bank should consider issuing bills or bonds in USD, instead of VND to increase forex reserves or paying off overseas debts and encouraging direct and indirect foreign investment
- Vu Thanh Tu Anh - Head of research at the Fulbright Economics Teaching Programme
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