» Exchange Rate

VnnNews – Analysts have warned that the price of cars will increase as a result of the dong/dollar exchange rate adjustment. VnnNews – Analysts have warned that the price of cars will increase as a result of the dong/dollar exchange rate adjustment.< />   Car dealers slash prices despite VAT Stalled sales disheartens...

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What are businesses doing in response to the State Bank of Vietnam’s decision to devalue the dong/dollar exchange rate by two percent? VnnNews – What are businesses doing in response to the State Bank of Vietnam’s decision to devalue the dong/dollar exchange rate by two percent? They have to be more cautious when considering...

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A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

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A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

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Following the State Bank of Vietnam’s decision to devalue the dong against the US dollar, many companies have complained they cannot keep their selling prices unchanged and maintain profits.  VnnNews – Following the State Bank of Vietnam’s decision to devalue the dong against the US dollar by two percent,...

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Following the State Bank of Vietnam’s decision to devalue the dong against the US dollar, many companies have complained they cannot keep their selling prices unchanged and maintain profits.  VnnNews – Following the State Bank of Vietnam’s decision to devalue the dong against the US dollar by two percent,...

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Le Xuan Nghia, an economist, said that State Bank policies have distorted the credit market and complicated foreign exchange management. VnnNews – Le Xuan Nghia, Deputy Chairman of the National Finance Supervision Council, told participants in a top level workshop that State Bank policies have distorted the credit market and complicated...

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Late on Tuesday, August 17, SBV announced it would drop the dong’s value against the US dollar rate by two percent. VietNamNet Bridge – Late on Tuesday, August 17, the State Bank of Vietnam (SBV) announced it would drop the dong’s value against the US dollar rate by two percent. The black market adjusted immediately.   US...

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VnnNews – Experts have warned that the dong/dollar exchange rate would bear greater pressure towards the end of the year. VnnNews – Experts have warned that the dong/dollar exchange rate would bear greater pressure towards the end of the year. The price of the dollar on the black market has increased, while businesses complain...

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Le Duc Thuy, Chair of the National Finance Supervision Council, commented that the credit growth rate of the whole banking system in the first six months was too low VnnNews – Le Duc Thuy, Chair of the National Finance Supervision Council, commented that the credit growth rate of the whole banking system in the first six months was too...

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