Will China spark a currency war?

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Báo Thanh Niên English 1 month(s) ago

Will China spark a currency war?

Is China about to devalue? The question seems to pop up everywhere I go -- most recently in Frankfurt, Sydney and New York. Economists here in Tokyo, too, are buzzing about the chances of a big decline in the yuan in the next few months.

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Dong appreciates despite devaluation by State Bank

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VietnamNet English 4 month(s) ago 1 related news

Dong appreciates despite devaluation by State Bank

VietNamNet Bridge – The dollar price has been falling for one week, despite the State Bank of Vietnam’s move to devaluate the dong by one percent one month ago.

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US dollar expected to appreciate against dong

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VietnamNet English 4 month(s) ago

US dollar expected to appreciate against dong

VietNamNet Bridge - Financial institutions believe the dong will depreciate further in the last months of the year after losing one percent of value since mid-June.

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Investing in dollar not as profitable as in Vietnam dong: finance watchdog

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Báo Tuổi Trẻ English 5 month(s) ago 1 related news

Investing in dollar not as profitable as in Vietnam dong: finance watchdog

Hoarding the U.S. dollar will not be a popular trend as depositing Vietnamese dong in banks is now more profitable, said a senior state official from the national financial market watchdog.

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Vietnam state bank devalues dong to support export

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Báo Tuổi Trẻ English 5 month(s) ago 1 related news

Vietnam state bank devalues dong to support export

The recent devaluation of the Vietnam dong is a proactive move of the State Bank of Vietnam (SBV) to support exports in the last six months of 2014, an SBV senior official has said.

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Dong stable after 1% devaluation: HSBC

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VietNam News English 5 month(s) ago

The latest 1 per cent devaluation of the Vietnamese dong should not lead to aggressive weakness in the currency, HSBC noted in its Global Research report released on Thursday.

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Vietnam dong officially devalued 1pct against greenback

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Báo Tuổi Trẻ English 5 month(s) ago 1 related news

Vietnam dong officially devalued 1pct against greenback

The State Bank of Vietnam (SBV) on late Wednesday evening announced the decision to adjust the exchange rate between the Vietnam dong and the US dollar.

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Dollar price hits ceiling, but exchange rate stable

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VietnamNet English 6 month(s) ago 1 related news

Dollar price hits ceiling, but exchange rate stable

VietNamNet Bridge – The US dollar climbed to its highest peak against the Vietnamese dong yesterday morning to VND21,245 per dollar, but analysts believe that the exchange rate will stabilise.

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Despite experts’ arguments, dong devaluation unlikely

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Báo Đầu Tư English 7 month(s) ago

Despite experts’ arguments, dong devaluation unlikely

Local economists are in a fierce debate over a proposed devaluation to the Vietnamese dong.

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Sustainable growth wins FDI trust

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Báo Đầu Tư English 8 month(s) ago

Sustainable growth wins FDI trust

Vietnam’s commitment to macroeconomic stability has paid dividends in terms of attracting interest from foreign investors, writes Tony Diep (left), managing director and Hawkins Pham (right), head of advisory, Indochina Capital.

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Overseas Vietnamese in Ukraine still safe

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VietnamPlus English 9 month(s) ago

Overseas Vietnamese in Ukraine still safe

The Vietnamese community in Kharkov, one of the hot spots in Ukraine, is still safe amid the political tensions, according to Chairman of the Overseas Vietnamese Association in Kharkov Tran Duc Tua.

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Forex stability remains key to ensuring sustainable growth

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Báo Đầu Tư English 11 month(s) ago 1 related news

Forex stability remains key to ensuring sustainable growth

Prime Minister Nguyen Tan Dung has required the State Bank to continue stabilise the dong’s exchange rate in 2014.

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SBV stays steadfast amid recommendation on currency devaluation

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VietnamNet English 12 month(s) ago

SBV stays steadfast amid recommendation on currency devaluation

VietNamNet Bridge – Two independent reports about Vietnam’s macro economy recommending the local currency devaluation of 2-4 percent in 2014 have been released.

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VND slight depreciation believed to be the best choice

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VietnamNet English 13 month(s) ago

VND slight depreciation believed to be the best choice

VietNamNet Bridge – The current factors of the national economy allow to stabilize the dong/dollar exchange rate. However, economists believe that it would be better to depreciate the local currency slightly so as to encourage exports.

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Local banks unable to tap foreign sector market

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Báo Thanh Niên English 13 month(s) ago

Local banks unable to tap foreign sector market

Dollar notes are counted on a teller’s desk at a bank in Ho Chi Minh City

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