Vietnamnet.vn
exchange rate
The State Bank of Vietnam (SBV) on October 24 continued to sharply increase the selling price of the US dollar by 490 VND to 24,870 VND per USD - the highest rise in many years.
Business face obstacles as forex market heats up
Adjustment of the VND's daily trading has certain effect on production
US dollar at commercial banks surges to VND24,200 per dollar
How will the US FED's interest rate hike affect the Vietnamese dong?
Will ample supply ease exchange rate tension?
Vietnam vows to control inflation, prevent VND from depreciating
VN State Bank raises selling price of USD to VND23,700
A tall order
Importers, exporters impacted by exchange rate volatility
State Bank of Vietnam faces pressure on exchange rate
Central bank sells greenback to stabilise forex market
Yen depreciation hits 24-year low, reducing Vietnamese guest workers' incomes
US dollar climbs to 20-year high, central bank takes action
Vietnam dong increases unexpectedly against US dollar
The Vietnamese dong has appreciated by around 2 percent against the US dollar in the last eleven months of this year. It is now to be seen whether this trend will continue in the coming year or not.
Vietnam applauds positive adjustment in US Treasury Department’s report
The US Treasury has removed Vietnam from the list of countries labeled as currency manipulators.
Flexible, cautious monetary policy management bears fruit
Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.
Inflation not a concern, USD depreciates, capital remains cheap
Capital has become very cheap with the Vietnam dong interest rates in the interbank market having fallen to a four-year record low, according to the Vietnam Interbank Market Research Association.
Vietnam sees positive cash flow from foreign investors
The dollar price has decreased since the second half of March, with the dong/dollar exchange rate in the interbank market falling to VND23,200 per dollar last week.
The VND appreciates despite unfavorable conditions
The dollar price has decreased significantly from VND23,500 per dollar to VND23,300, though current factors are not supporting the exchange rate. This could be a great opportunity for Vietnam’s enterprises.
