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Update news currency manipulation
The US Treasury has recently made a positive assessment of Vietnam's monetary policy, reaffirming that Vietnam "does not manipulate currency."
The State Bank of Vietnam (SBV) said on December 17 that its management of exchange rate in recent years, within the general framework of monetary policy,
Vietnam is maintaining dialogue and consultation with the US in a constructive spirit to deal with problems in bilateral economic and trade links in a way that is sustainable and harmonises the interests of both sides,
The US on February 10 announced the decision to remove Vietnam from the list of developing countries.
SSI Research says the financial market in 2020 will be unpredictable and much less active than the forecasts released at the end of 2019.
Increasing exports to the US, Vietnam is a step closer to the risk of alleged monetary manipulation as US President Trump tries to reach a trade agreement with China at a negotiation round this October.
International press late last week mentioned the possibility of the US adding Vietnam to the list of the countries it needs to monitor for currency manipulation.