Financial market in chaos

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VietnamNet English 1 month(s) ago

Financial market in chaos

VietNamNet Bridge - Many unusual things are now occurring in the finance market, worrying investors.

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Dollar price hits ceiling, experts question SBV’s exchange-rate policy

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VietnamNet English 2 month(s) ago

Dollar price hits ceiling, experts question SBV’s exchange-rate policy

The dollar price on May 6 hit the ceiling of VND21,673 per dollar, the highest ever level. The State Bank once again attributes this to people’s anxiety. Experts believe the dong 2 percent devaluation plan in 2015 is not feasible.

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Experts propose flexible forex policy

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VOV News English 2 month(s) ago

Experts propose flexible forex policy

Economic experts have suggested the State Bank of Vietnam (SBV) adopt a flexible foreign exchange policy and adjust it based on supply and demand, instead of forcing the Vietnam dong-US dollar exchange rate to move within 2% a year.

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Speculation blamed for dollar price fluctuations

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VietnamNet English 2 month(s) ago

Speculation blamed for dollar price fluctuations

VietNamNet Bridge - The dollar price has been increasing for a month, while the official dong/dollar exchange rate remains unchanged as the State Bank has committed not to devalue the dong by more than 2 percent in 2015.

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Forex market calms down after SBV pledges to stabilise rate

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Báo Đầu Tư English 3 month(s) ago 1 related news

Forex market calms down after SBV pledges to stabilise rate

The foreign exchange (forex) market cooled down yesterday after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Forex market calms down after SBV pledges to stabilise rate

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VOV News English 3 month(s) ago 2 related news

Forex market calms down after SBV pledges to stabilise rate

The foreign exchange (forex) market cooled down on March 26 after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Forex market calms down after SBV pledges to stabilise rate

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VietNam News English 3 month(s) ago 2 related news

The foreign exchange (forex) market cooled down yesterday after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Is it time to devalue the Vietnamese dong to boost exports?

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VietnamNet English 4 month(s) ago

Is it time to devalue the Vietnamese dong to boost exports?

VietNamNet Bridge – Economists from Hanoi National University have urged the government to adjust the dong/dollar exchange rate, while the National Finance Supervision Council said stabilizing the exchange rate is a top priority.

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Cbank buys greenback to anchor Vietnam dong value as boost for export

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Báo Tuổi Trẻ English 12 month(s) ago 1 duplicate news

Cbank buys greenback to anchor Vietnam dong value as boost for export

The State Bank of Vietnam (SBV) earlier this month bought a huge volume of U.S. dollars in an effort to prevent the greenback from devaluing against the local currency, the Vietnam dong, to promote export.

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Vietnam to lower key policy rates to support economic growth

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Báo Thanh Niên English 16 month(s) ago

Vietnam to lower key policy rates to support economic growth

Vietnam will cut its key policy rates from tomorrow, as the government tries to support businesses and bolster a struggling economy. Stocks rose.

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Vietnam rules out devaluing dong, threatens strong intervention

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Báo Thanh Niên English 25 month(s) ago

Vietnam rules out devaluing dong, threatens strong intervention

Vietnam’s central bank said it has no plans for a repeat of last month’s dong devaluation, the first since 2011, and pledged to support the currency.

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Top shrimp exporter to delist

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VietNam News English 28 month(s) ago 1 related news

Top shrimp exporter to delist

Shrimp processor and exporter Minh Phu (MPC), Viet Nam's biggest shrimp company, plans to delist its shares in order to charge higher prices for them.

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State Bank warns of devaluation

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VietNam News English 28 month(s) ago

The Vietnamese dong could be devalued by as much as 2 per cent against the US dollar this year, said Governor of the State Bank of Viet Nam Nguyen Van Binh.

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Not right time for FX rate adjustment: Cbank

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Báo Tuổi Trẻ English 30 month(s) ago

It’s not the right time for any foreign exchange rate adjustment, or the devaluation of the Vietnam dong against the US dollar, said a senior official of the State Bank of Vietnam (SBV).

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Cheap iPhone will 'never be the future of Apple'

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Báo Đầu Tư English 32 month(s) ago

Cheap iPhone will 'never be the future of Apple'

Cheapness will "never be the future of Apple products" -- apparently putting paid to rumours of a cheaper iPhone or iPhone mini.

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