Vietnam currency slides to all-time low against USD
The Vietnamese dong has continued to devalue against the U.S. dollar to a new low, with the greenback remaining strong ahead of a Federal Reserve (Fed) policy meeting.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s policy rate cuts are boosting stock prices
VinaCapital’s chief economist Michael Kokalari highlights that the Vietnamese stock market is bouncing back due to more money coming in, with a sharp pick-up in earnings growth expected in 2024.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s central bank likely to further cut rates: UOB
While the SBV has shifted towards a more accommodative stance, it does not mean the start of a rate-cut cycle, at least not just yet. The central bank is likely to approach further rate cuts cautiously and deliberately. One area of focus for the SBV is clearly the domestic inflation trend.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank runs flexible monetary policy in 2022
The State Bank of Vietnam has managed monetary policy in a flexible manner to curb inflation and stabilize the monetary and foreign exchange markets in 2022, a year of global fluctuations.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s 2022 CPI rises 3.15%, retail sales up 19.8%
Vietnam's consumer price index (CPI) in 2022 increased 3.15% year-on-year while retail sales of goods and services rose 19.8%, according to the General Statistics Office.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
China’s re-opening will only modestly boost Vietnam’s 2023 GDP growth
VinaCapital’s chief economist Michael Kokalari explains why the Vietnamese economy would not see a major impact from China’s 2023 re-opening.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar remains in downward trend
The U.S. dollar on Monday weakened against the Vietnamese dong at commercial banks, but gained a little on the free market.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch Ratings affirms Vietnam at 'BB', outlook positive
Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating (IDR) at 'BB', with a positive outlook.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Gaining US dollar nears VND25,400 in open market
The rising U.S. dollar was sold at VND25,370 on Tuesday afternoon in the open market in Hanoi, a new record high.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar crosses 25,000 dong for the first time
The U.S. dollar has not paused gaining against the Vietnamese dong, with Thursday’s open-market rate higher than VND25,000 for the first time ever.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dollar keeps rallying in Vietnam
The gaining U.S. dollar gets stronger Wednesday against the Vietnamese dong compared with Tuesday, with an additional VND100 or more to the uptrend.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dollar at new high against dong as trading band widens
The U.S. dollar rose to a new high against the Vietnamese dong Tuesday as the State Bank of Vietnam (SBV) enlarged the foreign currency’s trading band to 5% from 3%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank expands dollar trading band to 5%
The State Bank of Vietnam widened Monday the USD/VND daily trading band to 5% from the previous 3%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese dong weakens less against US dollar than other currencies
The Vietnamese dong has so far this year fallen about 4% against the U.S. dollar, according to the State Bank of Vietnam, but the depreciation is smaller than popular currencies worldwide.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam mulls policy rate hike amid surging U.S. inflation
Prime Minister Pham Minh Chinh asked the State Bank on Thursday to consider raising its policy interest rates and deposit rates, while steadying lending rates.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank’s two-pronged attack stabilizes money market
The State Bank of Vietnam has kept selling U.S. dollars to keep the domestic forex market stable while issuing bills in Vietnamese dong to ease pressures on the banking system.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dollar uptrend maintains momentum in Vietnam
The Vietnamese currency has been falling against the U.S. dollar as the greenback is strengthening globally.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dollar down to monthly lowest in Vietnam
U.S. dollar prices on the unofficial market in Vietnam have dropped to below VND24,000, the lowest in a month.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shinhan Bank predicts stronger VND by year-end
The U.S. dollar is likely to rise against the Vietnamese dong early in the second half of the year and fall back towards the year-end, according to Shinhan Bank.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Global uncertainty sees dollar climb in Vietnam
The U.S. dollar has been gaining over the Vietnamese dong amid global economic uncertainty.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
-
Vietnam gov’t irons out incentives for rooftop solar development
-
Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
-
Vietnam deposit interest rates pick up after year in hibernation
-
Multinational home tool firm Techtronic to invest $650 mln in Vietnam
- Most Read
Vietnam stock market loses $20 bln over four sessions
Finance - Update 18 hr ago
No offshore wind projects in Vietnam until 2028: global council
Energy - Update 18 hr ago
Techcombank plans 10% stake issue to foreign strategic investors
Companies - Update 2 day ago
- Editor’s Picks
-
Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
-
Vietnam gov’t irons out incentives for rooftop solar development
-
Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
-
Vietnam deposit interest rates pick up after year in hibernation
-
Multinational home tool firm Techtronic to invest $650 mln in Vietnam