vietnamese dong

Foreign currency lending abolished – impact on enterprises

July 19, 2019 | 14:47

Enterprises can borrow money in Vietnamese dong (VND) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.

Dong weakened slightly against the US dollar in H1 2019

July 02, 2019 | 16:37

The Vietnamese dong has gained some strength against the US dollar in the past month, helped by abundant domestic supply and favourable global conditions.

Vietnamese dong given stable outlook

March 14, 2019 | 13:35

The Vietnamese dong would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the dong and the US dollar as well as the stability of the Chinese renminbi, experts said.

VND expected to remain stable in strenuous year

January 17, 2019 | 08:00

The Vietnamese dong is expected to remain stable in 2019, but global volatilities may continue to threaten the export-dependent currency.

Vietnamese dong should be devaluated at moderate rate, says VEPR

July 18, 2018 | 09:59

The Vietnam Institute for Economic and Policy Research (VEPR) has suggested devaluing the Vietnamese dong against the US dollar but at a slower rate than the depreciation of China’s yuan against the greenback.

Overseas remittances heating up for Tet holiday

February 07, 2018 | 14:28

With the Lunar New Year (Tet) just around the corner, more and more overseas remittances flow to Vietnam to fuel the traditional shopping spree.

M&As’ intriguing currency story

November 30, 2011 | 11:00

The legal framework for mergers and acquisitions (M&A) in Vietnam has been gradually enhanced in the context of the tremendous increase in both value and volume of M&A deals for recent years.

Gold yet to shows direction in short term

June 01, 2011 | 15:15

After sharply changing in the first week of May, global gold price slightly fluctuated in a range of $1,478 - $1,526 an ounce in the second week. This is a common movement of this high-value asset which caused domestic gold price which barely changed recently became more muted.

Banks suffer liquidity strains as deposits fall

May 23, 2011 | 09:17

People are still shunning Vietnamese dong deposits and smiling on banking in US dollars and gold this year, causing local currency liquidity problems for some local banks.