US dollar crosses 25,000 dong for the first time

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

Vietnamese dong weakens less against US dollar than other currencies

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

Exchange rate volatility impacts importers, exporters

Exchange rate volatility impacts importers, exporters

Recent fluctuations in the U.S. dollar and Japanese yen had both positive and negative impacts on Vietnamese traders, the Ministry of Industry and Trade (MoIT) reported.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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