Vietnam Adjusts Exchange Rate Ceiling to Stabilize Market
Vietnam's central bank has raised the ceiling for the US dollar exchange rate available to commercial banks by 5%. This measure aims to stabilize the market and support business activities, reflecting Vietnam's commitment to maintaining economic growth.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Da Nang's Tien Phuoc Commune Accelerates Public Investment Fund Disbursement
Tien Phuoc Commune in Da Nang City is implementing comprehensive measures to ensure the effective disbursement of public investment funds for its numerous local projects. This aims to drive socio-economic development and achieve the city's growth targets.
- Vietnam Explores Credit Policy for Carbon Market Development
Vietnam Investment Review (VIR) hosted a workshop exploring credit policies for carbon market development. This initiative aligns with Vietnam's goals for sustainable economic growth and environmental protection.
- Vietnam Streamlines Exit Ban Removal for Taxpayers
Vietnam's tax authorities have implemented an electronic system linking tax data with immigration management to expedite the process of lifting exit bans for taxpayers. This allows individuals who have fulfilled their tax obligations to have their exit restrictions removed in a shorter timeframe.
- Vietnam says US trade talks nearly completed; US officials more cautious
Vietnam announced that trade talks with the United States are "nearly completed." However, US officials have expressed a more cautious stance, leaving uncertainty about future progress. While deepening economic ties between the two nations is anticipated, specific agreement details and effective dates remain undecided.