USD/VND rate could be "cool down"
Many financial experts think that the FED's scaled-back rate hike will soon help the USD/VND rate "cool down."
Many financial experts think that the FED's scaled-back rate hike will soon help the USD/VND rate "cool down."
The US dollar may have endured a torrid time last week but it would be premature to conclude that the uptrend is over.
The upcoming official visit to Thailand by President Nguyen Xuan Phuc and his attendance at the 29th APEC Economic Leaders’ Meeting in Bangkok from November 16-19 is...
The US dollar fell sharply last week. It followed a sub-consensus US CPI print but, in truth, the US dollar was already on the backfoot. The question for many will be...
Aquatic exports are forecast to have hit a record of 10 billion USD in this November thanks to businesses’ flexible adaptation to changes in the global market, according...
Vietnam posted a trade surplus of 9.4 billion USD in the first ten months of 2022, according to the General Statistics Office.
Vietnam targets exporting fruits worth over 5 billion USD by 2025 and roughly 6.5 billion USD by 2030, according to a project recently approved by the Vietnamese...
The foreign direct investment (FDI) reached over 22.46 billion USD in the first 10 months of 2022, according to the Ministry of Planning and Investment.
Despite being on the increase, the USD/VND exchange rate is predicted to decline in 2023.
There have been some tentative signs of a turn for the dollar as hopes of less aggressive monetary tightening begin to rise and asset prices, such as stocks, make a...
Vietnam’s fruit export turnover is expected to top 5 billion USD by 2025 and about 6.5 billion USD by 2030.
Vietnam is on track to see a trade surplus of 10 billion USD this year despite enduring global market uncertainties and fluctuations, Minister of Industry and Trade...
Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency (FIA) under the Ministry of...
The General Department of Vietnam Customs has said that the local coffee industry may reach an export milestone of 4 billion USD for 2022.
Vietnam attracted more than 18.7 billion USD in foreign direct investment (FDI) in the first nine months of 2022, according to the Ministry of Planning and Investment.
Vietnam shipped some 2.64 billion USD worth of rice abroad in the first nine months of this year, according to the General Statistics Office.
VNDirect Securities Corporation estimates that about 83.5 trillion VND (3.5 billion USD) will be added to the economy after some banks continue to adjust their credit...
It seems widely assumed that the Federal Reserve will take policy rates up to a certain level, hold them there through 2023 and early 2024 and then start to cut.
One way to explain USD strength is to note that there is
Wood pellets, made from compressed sawdust and forestry wastes, have become a key currency earner of the wood industry, having the great potential to rank in the group...
Hanoi will need nearly 890 million USD in the coming years to replace all petrol- and diesel-powered public buses with electric alternatives.
The incessant rise in the dollar continues – and is unlikely to stop anytime soon. But the rise is starting to become disorderly and that could, in time, create the...