Businesses concerned about rising exchange rate pressure
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has...
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has...
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and...
More than 15 trillion VND (597 million USD) has been disbursed under a credit scheme to support Vietnamese agroforestry and aquatic sectors since July last year, heard...
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of...
Currency volatility has been coming down for some time with one-year implied volatility amongst the G10 currencies just about at its lowest level in around two years....
In February 2024, Vietnam exported 110,000 tonnes of rubber worth over 160 million USD. This figure contributed to the country’s total rubber exports of 320,000 tonnes,...
Although USD/VND rates remain under intense pressure, many specialists believe that these pressures will only last temporarily.
Vietnam’s tuna exports showed a gradual recovery in the last quarter of 2023 and have strongly grown again in the first months of this year, promising a surge throughout...
As of March 20, total newly-registered, additional, and contributed capital and share purchases of foreign investors stood at more than 6.17 billion USD in 2024, a...
Recently, the State of Bank (SBV) withdrew VND 30,000 billion through the T-bills channel, contributing to reducing exchange rate pressure. This is just one of the moves...
Vietnam’s ride-hailing market value is estimated at 880 million USD in 2024 and expected to reach 21.6 billion USD by 2029, growing at a compound annual growth rate of...
In the first two months of 2024, four commodities of Vietnam posted export value of over 5 billion USD, accounting for over 52% of the country's total export turnover,...
In the initial two months of 2024, Vietnam's agro-aquatic-forestry exports reached an impressive 9.84 billion USD. This marks a substantial surge of 50.3% compared to...
Vietnam’s fruit and vegetable exports in the first two months of this year surged 38% to about 749.7 million USD, which is expected to peak at nearly 7 billion USD this...
The northern province of Quang Ninh attracted eight foreign direct investment (FDI) projects with registered capital totaling 478 million USD in January.
Vietnam’s import and export turnover stood at 29.78 billion USD in the first half of January, up 5.4% year on year.
The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.
The State Bank of Vietnam (SBV)’s central rate of the Vietnamese đồng against the US dollar was adjusted up 0.7 per cent in January 2024 to VNĐ24,036 per dollar.
The garment and textile sector has set a target of 44 billion USD in export turnover this year, up 10% year-on-year.
In 2024, the forestry industry aims to export forest products to USD 17.5 billion, exceeding the estimated result of 2023 by 21% and exceeding the result of 2022 by 3%....
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the rising free USD exchange rate has little impact on the fx market. In 2024, the VND's depreciation range...
While the yen may well remain far more volatile than the euro this year, and probably more volatile than most other currencies, it won’t be the weakest currency in 2024.