The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,577 VND/USD on February 17, up 15 VND from the last work day of the previous week.
Vietnam’s gross domestic product (GDP) growth has been the highest in Southeast Asia over the last decade, according to US-based website seekingalpha.com.
The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.
The Hanoi Stock Exchange (HNX) in March sold nearly 34.3 trillion VND (1.5 billion USD) worth of government bonds issued by the State Treasury in 15 auctions.
Singapore’s employment rate in 2015 was 0.9 percent or 31,800 more people were employed last year, the lowest annual growth since 2003, said the Manpower Ministry (MOM) on January 28.
The greenback rate remained at the ceiling price on August 25 despite the State Bank of Vietnam (SBV)’s August 24 announcement of no adjustment to the VND/USD rate through early 2016.