Weak US dollar consequences

Weak US dollar consequences

The US dollar has started to decline in value over the past few months, with the benchmark US dollar Index down about 9 per cent since its March peak...
Banks continue to depreciate the greenback

Banks continue to depreciate the greenback

After four sessions of appreciating the US dollar against the Vietnamese dong, the State Bank of Viet Nam (SBV) adjusted the greenback down on Wednesday, while commercial banks followed the trend.
Yuan price reduction affects on local industry: experts

Yuan price reduction affects on local industry: experts

The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Viet Nam’s yarn industry, according to Viet Nam Textile and Apparel Association.
Dong weakened slightly against the US dollar in H1 2019

Dong weakened slightly against the US dollar in H1 2019

The Vietnamese dong has gained some strength against the US dollar in the past month, helped by abundant domestic supply and favourable global conditions.
Experts say no concern for US dollar appreciation

Experts say no concern for US dollar appreciation

The US dollar has continued to appreciate against the Vietnamese dong in recent days, but experts are not concerned about the rise, saying the central bank will take effective measures to get the foreign exchange market under control.
Dollar/dong exchange rate cools down

Dollar/dong exchange rate cools down

After strengthening the US dollar against the dong over the past few days, commercial banks on Thursday weakened the value of the greenback.
Vietnamese dong should be devaluated at moderate rate, says VEPR

Vietnamese dong should be devaluated at moderate rate, says VEPR

The Vietnam Institute for Economic and Policy Research (VEPR) has suggested devaluing the Vietnamese dong against the US dollar but at a slower rate than the depreciation of China’s yuan against the greenback.