VND depreciates another 1% against USD, no more room for forex policy maneuver
Economy 15:30 07/05/2015As the State Bank of Vietnam has devalued the Vietnamese dong by another one percent against the greenback, there will be no more room for the SBV to maneuver its foreign exchange policy from now to the end of this year
Vietnam received over $80.4 bln inbound remittances in 1991-2013
Economy 14:30 21/12/2014Experts predict inward remittances will continue to increase over the period 2015-2016, but will decrease slightly from 2017.
USD-VND forex rate hike not a concern despite soaring price: insiders
Economy 16:00 17/12/2014As the supply of the greenback is still ample, local bank officials, manufacturers and traders say they are not worried about the forex rate increase
Forex rate increases due to psychological and seasonal factors: financial watchdog
Economy 17:00 08/12/2014The fact that the differences in the price of gold bullion in the local and international market continued to expand, and the price of the greenback kept rising over other currencies on the international market, is the main psychological reason behind the rally of the US dollar locally
USD-VND forex rate retreats after cbank’s intervention
Economy 10:30 07/12/2014The foreign exchange rate between the US dollar and the Vietnam dong has fallen back after the information of the intervention in the forex market of the State Bank of Vietnam spread
Financial market gradually stabilized, heading to year-end’s goals: SBV
Economy 15:00 17/11/2013As of October 31, total outstanding loans increased by 7.18 percent, while total money supply rose 11.6 percent against the end of last year, said SBV Governor Nguyen Van Binh in a recent report to the ongoing National Assembly meeting in Hanoi
SBV partially relaxes regulation after blasts
Economy 21:00 07/11/2013The board responsible for drafting the new decrees on foreign currency management from the central bank has taken the move after receiving a lot of comments, suggestions, and even criticisms
Vietnam expected to rake in $25 bln by year-end
Economy 18:51 03/11/2013The disbursement of foreign direct investment (FDI) and official development assistance (ODA) capitals, plus overseas remittances, is forecast to surge to $25 billion by the end of 2013, according to the national financial watchdog
Cbank raises bid price for US dollar
Economy 12:00 11/08/2013It is an unexpected move as the central bank had held the rate steadily for over one month after the devaluation in late June
More currencies to be used in duty-free shops
Tin Tổng Hợp 16:00 02/08/2013When shopping in local duty-free shops starting September 15, 2013, shoppers will not be limited in the use of three currencies, the Vietnam dong, the US dollar and the euro, as previously
No dong devaluation in foreseeable future: Cbank
Economy 10:30 12/07/2013The latest pressure on the foreign exchange rate between the Vietnam dong and the US dollar days is largely dominated by psychological factors, said the central bank’s deputy governor, Le Minh Hung
US dollar’s inter-bank rate raised, dong, dollar deposit rates cut
Economy 10:00 28/06/2013The central bank has chosen to adjust the inter-bank rate for the US dollar instead of devaluating the dong following recent suggestions from many local experts
