Vietnam’s forex reserves at all-time high of $92bn: gov’t
The reserves grew $40.5 billion in less than three years
Vietnam scraps fine for unlicensed forex transactions valued below $1,000
The new decree was proposed following a controversial case in 2018
Hertz says will launch one-way car rental service after Vietnam entry
Customers will be able to pick up their rental car at one airport and return it at another
Remittance to Ho Chi Minh City to top $5.2bn in 2017: cbank
There has been a steady rise in inward remittances over the final months of 2017
Vietnam’s central bank to maintain zero percent interest-rate on US dollar savings
‘It’s not the right time to increase the interest rate yet’
Vietnam has enough cash for intervention regardless of any FED move: cbank
With about US$40 billion in foreign exchange reserves, the State Bank of Vietnam will intervene in the forex market to shore up the value of the local currency, whether the U.S. Federal Reserve raises interest rates or not
In Vietnam, US dollar appreciation makes some quite happy, leaves others in trouble
The State Bank of Vietnam, the central bank of the Southeast Asian country, on May 7 allowed the local currency to lose another one percent against the greenback, after taking the same move in the middle of January
Strengthening US dollar stirs concerns over further depreciation of Vietnam currency
The official exchange rates between the Vietnamese dong and the dollar quoted at many state-run and joint-stock commercial bank have surged around 0.5-0.6 percent compared to those of late last week following the appreciation of the greenback on the world market
Vietnam cbank stocking foreign currencies after intervening in forex market
The State Bank of Vietnam is buying foreign currencies from the local market to increase the national foreign exchange reserves, a move it stopped for five months
Vietnam cbank to keep USD-VND fluctuating within 2% in 2015 to alleviate dollarization
The State Bank of Vietnam (SBV) has said it will keep the exchange rate between the U.S. dollar and the Vietnamese dong changing within two percent next year to help reduce dollarization and stabilize the local currency’s value