foreign exchange policy

Update news foreign exchange policy

VN banks made big profits from foreign exchange business

Commercial banks made large profits from spot foreign exchange trading activities in the first half of this year as the difference between the dollar buying and selling price was often high at some VNĐ350-400 per dollar.

Vietnam has biggest-ever trade surplus in first quarter

VietNamNet Bridge - The trade surplus in the first quarter of 2016 alone was five times higher than that of the entire year of 2012. But this could be bad news.

FX rate stablised but dollarisation continues

 VietNamNet Bridge – Viet Nam has succeeded in stabilising the foreign exchange rate, but the rate of dollarisation has not decreased as expected, experts said in a meeting on Monday.

Economy passes 2013 in stability, gears up for changes

 VietNamNet Bridge – The economy wraps up the grim year 2013 in stability, with many major economic indicators showing robust growth, but stagnation remains a major concern for 2014 and the years that follow.