Vietnam central bank cancels first gold auction in 11 years
Vietnam's central bank has canceled a gold auction due to take place at 10 a.m. Monday, which would have been the first after an 11-year hiatus.
Banking - Mon, April 22, 2024 | 10:57 am
US dollar hits new high versus Vietnam dong
The U.S. dollar has continued to strengthen against the Vietnamese dong, reaching a new high at commercial banks and causing another headache for the country’s central bank, which has been ordered to stem gold fever.
Banking - Tue, April 16, 2024 | 10:40 am
Vietnam central bank stands ready to cool overdone dong depreciation
The State Bank of Vietnam (SBV) is aware of the importance of keeping the USD/VND exchange rate steady and stands ready to put a brake on the dong devaluation run when necessary, said an official.
Banking - Thu, April 4, 2024 | 11:07 am
Vietnam central bank slows down cash withdrawal as exchange rate remains stable
The State Bank of Vietnam (SBV), the country’s central bank, has reduced the volume of T-bills put up for auction as the USD/VND exchange rate stays stable.
Banking - Wed, March 27, 2024 | 5:14 pm
Massive cash injection in Vietnam as exchange rate pressure eases
Vietnam’s central bank has pumped back a massive amount of cash into the economy as pressure on the USD/VND exchange rate has eased.
Banking - Thu, December 7, 2023 | 5:08 pm
Vietnam dong may depreciate 3% this year: Vietcombank Securities
The Vietnamese dong (VND) is forecast to weaken by circa 3% against the greenback this year in case the U.S. Dollar Index (DXY) does not rise further, said analysts at Vietcombank Securities Co.
Banking - Thu, November 9, 2023 | 11:49 am
Vietnam steadfast on keeping exchange rate stable, fighting forex hoarding
The State Bank of Vietnam (SBV) will stay steadfast on keeping the USD/VND exchange rate stable and dampening forex hoarding by those expecting further dong devaluation, a central bank official has stated.
Banking - Sat, October 21, 2023 | 11:48 am
Vietnam currency likely to remain stable, more or less: analyst
The USD/VND exchange rate is unlikely to undergo major fluctuations in the remaining months of this year, thanks to solid macroeconomic fundamentals, an analyst says.
Banking - Tue, September 5, 2023 | 8:16 am
Weakening US dollar relieves pressure on USD/VND exchange rate: WB
The weakening U.S. dollar in November helped alleviate some of the pressure on the USD/VND exchange rate, the World Bank said in its December Vietnam Macro Monitoring edition.
Economy - Tue, December 20, 2022 | 12:11 pm
US dollar plunges in Vietnam after new Fed signal
The U.S. dollar sharply fell against the Vietnamese dong at commercial banks on Thursday after the Federal Reserve (Fed) consolidated the prospect to slow down interest rate hikes.
Finance - Thu, December 1, 2022 | 8:01 pm
USD/VND exchange rate plummets on free market
The selling price of the U.S. dollar on Vietnam's free market fell to VND24,938 on Thursday morning, down VND62 from the previous day, approaching the rates at commercial banks.
Banking - Thu, November 17, 2022 | 1:35 pm
Vietnam interbank lending rates hit 10-year high
Interbank lending interest rates in Vietnam have reached a 10-year peak, following the State Bank’s moves to stabilize the USD/VND exchange rate.
Banking - Fri, September 9, 2022 | 4:44 pm
Central bank may raise basic interest rates in late 2022: Maybank Kim Eng
The State Bank of Vietnam may lift its interest rates by 50 basis points in late 2022 to maintain the country’s moderate growth, given rising inflation risks and the U.S. Federal Reserve’s aggressive rate moves, according to Maybank Kim Eng Securities.
Economy - Mon, May 9, 2022 | 2:13 pm
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
