The USD/VND has risen over the past time. Until mid-September 2023, the VND is currently depreciating 2.5% YTD against the USD.
With data seemingly dictating an end to rate hikes from the ECB and BoE, it seems reasonable to assume that both the euro and the pound will weaken significantly.
During the trading session on September 18, the VND/USD exchange rate posted by banks on the chart increased significantly, reaching the 24,500 VND threshold.
In the first eight months of this year, five export items of Vietnam posted a turnover of more than 10 billion USD, accounting for 58.4% of Vietnam’s total.
The question now is whether the landing for the US economy remains smooth, or whether it’s one of those landings where the plane bounces up again and veers off the...
Vietnam’s total import-export turnover of goods hit 435.23 billion USD in the first eight months of this year, with the country posting a trade surplus of 20.19 billion...
The attendance of Prime Minister Pham Minh Chinh and a high-ranking delegation of Vietnam at the 43rd ASEAN Summit and Related Meetings in Jakarta, Indonesia, from...
Vietnam’s exports have gained tens of billions of USD each year from free trade agreements (FTAs) that Vietnam is a signatory, the Ministry of Industry and Trade (MoIT)...
The USD/VND rate remains under strong pressure towards the end of this year as a result of the contrasting monetary policies of the United States and Vietnam, while the...
History shows that a significant and sharp fall in US net savings is usually associated with a fall in the dollar.
As of July 20, total newly-registered capital, additional capital, and capital contributions and share purchase by foreign investors stood at nearly 16.24 billion USD,...
Vietnam’s total import-export turnover of goods hit 374.23 billion USD in the first seven months of this year, with the country posting a trade surplus of some 15.23...
The USD/VND exchange rate may be more volatile in 2H23. It might, however, change by no more than +/- 2.0% from the beginning of 2023.
The export of wood and wood products to the United States dropped sharply, making it difficult for the wood industry to achieve its target of 18 billion USD in 2023.
Central banks are thought to be in the home stretch when it comes to policy tightening.
In the context that many export industries are facing difficulties, export turnover decreased continuously in only the first 6 months of the year, fruit and vegetable...
A 120 trillion VND (5.08 billion USD) package in preferential lending rates for social housing developments started to see first disbursement, a positive signal after...
In the first six months of this year, the total import-export value reached 316.65 billion USD, down 15.2% year-on-year. Vietnam's trade surplus was estimated at 12.25...
Total registered foreign direct investment (FDI) in Vietnam surpassed 13.43 billion USD in the first half of this year, according to the Ministry of Planning and...
Kis Vietnam expected that the USD/VND exchange rate would maintain stability in the near future.
The US debt ceiling bill might have been signed off by President Biden just over a week ago but it does not mean that its reverberations will end.
Seven items posted export turnover in excess of 5 billion USD during the January-May period, including phones and components; electronics, computers and components; and...
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