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Since the State Bank of Vietnam (SBV) has not granted licenses to any foreign exchange trading floor, the existence of Exness with an IP address in a foreign country is illegal.
Vietnam’s foreign exchange reserve has hit a new record high of 92 billion USD, a significant expansion from 84 billion USD which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.
VietNamNet Bridge - Having bought a large amount of foreign currency to increase forex reserves, the State Bank (SBV) is continuing its strategy to downsize foreign currency credit.
HCMC apartment supplies surge; Dong fall piles pressure on foreign debt payment; Fuel import tariffs hiked to back wholesalers - ministry; Amata seeks to invest in Binh Dinh; HSBC puts GDP growth at 6.1% this year
UMA nation's top furniture retailer; Five VN firms in ASEAN 100 list; HCM City failing to meet SOE equitisation goal; Investors buy still-unfinished apartments; CPI falls on lower transport costs;
VietNamNet Bridge – The appreciation of the Vietnam dong against other currencies has benefited many import/export companies.
Brighter economic outlook accelerates car sales in H1; HOSE sees busy year for securities trading; Investors lack clear regulations; Forex rate tumbles after State Bank announcement; Viet Nam, Argentina sign MoU; FPT buys 123mua.vn from VNG
Piaggio Vietnam recalls 10,000 Vespa scooters; Thousands of foreign experts return to work in Binh Duong; Singaporean investors still confident in Vietnam after riots; SBV calms forex fluctuations
Automated customs system launched; Central bank adds to forex reserves; Industry minister grilled by NA deputies; Russia - Vietnam’s 18th largest foreign investor; Labour demand outstrips supply
Bigger incentives proposed to spur supporting industries; Vung Tau swoops into top ten; Procedures still concern realty developers; Kinh Do ventures into instant noodle market
Land site for US$4.5-billion oil project handed over; Foreign investors keen on Vietnam’s bad debts; Software processing industry shifts to high-value segment; Services buoy banks’ revenues
The state management agencies kept silent when something unusual happened in the foreign currency market. As a result, people had no other choice than making a wild guess about the market prospect.