Business
How will USD exchange rate move in 2019?
Experts have predicted that the State Bank of Vietnam (SBV) will hike the VND/USD exchange rate by 1.5-2 percent in 2019 to stabilise the macro-economy and facilitate exports.
Business
Business
Business
Reference exchange rate revised up
The daily reference exchange rate was adjusted up on June 26, being set at 22,625 VND/USD, an increase of 10 VND from the previous day.
Business
Reference exchange rate resumes rise
The reference exchange rate saw a rise in recent days after staying flat for several months, leading experts to say domestic economic factors plus flexible management by the State Bank of Vietnam (SBV) would stabilise the market.
Business
Reference exchange rate up 5 VND
The daily reference VND/USD rate on June 20 was set at 22,422 VND per USD, up 5 VND from the previous day.
Business
Reference exchange rate up 7 VND at week’s beginning
The daily reference VND/USD rate on the first day of the week (June 19) was set at 22,417 VND per USD, up 7 VND from the end of last week.
Business
Inflation forecast to hit 2.6 percent this year
Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission reported on June 12.
Business
Interest rate likely to stay stable: report
The prospect of stable interest rate in 2017 is being supported by macro factors and policies such as reduced pressure in exchange rate and drastic measures in tackling bad debt, the National Financial Supervisory Commission said.
Business
Greenback plunges over stabilised forex market
The US dollar prices reduced significantly on August 28 after reaching the ceiling level earlier this week.
Business
US dollar stays at high level
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.
Business
BIDV predicts forex market uncertainty in the long term
The foreign exchange market might face uncertainty with relatively
increased pressure in the medium and long term, according to a research
group of the Bank for Investment and Development of Vietnam (BIDV).
Business
State Bank raises inter-bank VND/USD rate by 1 percent
Central bank raised the inter-bank average VND-USD exchange rate
by 1% on May 7.
New exchange rate not affecting inflation control
A senior State Bank of Vietnam (SBV) official has affirmed the bank’s
June 19 decision to raise the VND/USD rate by 1 percent will help boost
exports and not put pressure on inflation control efforts, radio The
Voice of Vietnam (VOV) reported on June 20.
Business
Gold price up nearly 2.8 mln VND in a week
The domestic gold price has soared 2.8 million VND per tael ( One tael
is equal to 1.2 ounces) after one week of transactions.
