Vietnam dong to devaluate 2.5pct at most: ANZ

Vietnam dong to devaluate 2.5pct at most: ANZ

The Vietnam dong will face a slight devaluation of 2-2.5 per cent in 2012 due to a $6-7 billion surplus in balance of payments (BoP), said a recent report on Vietnam’s macro-economy by the Australia-New Zealand Banking Group (ANZ).