Vietnam’s central bank begins currency intervention to address market volatility
The US$/VND exchange rate has been on an upward trajectory in recent days
The US$/VND exchange rate has been on an upward trajectory in recent days
The new decree was proposed following a controversial case in 2018
Fines of up to US$10,700 are applicable to those who pay in foreign currencies in Vietnam
The gold shop in Can Tho City was slapped with a hefty fine for exchanging a customer’s 100-dollar bill for Vietnamese dong
Most gold and jewelry shops in Vietnam are not licensed to offer currency exchange service