Vietnamese Dong Weakens Against US Dollar Amid Shifting Rates
The Vietnamese Dong has shown a weakening trend against the US Dollar, with domestic banks raising their selling rates. Despite global dollar depreciation pressures, domestic factors like interest rates and oil prices are influencing the Dong's value.
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
- Vietnam Faces Massive Funding Needs, Capital Market Development Urgently Required
Vietnam requires approximately $1.46 trillion for investment between 2026-2030, highlighting an urgent need to develop its capital markets to reduce reliance on bank credit and secure long-term economic growth. Experts emphasize the importance of channeling household savings into effective, long-term investment channels.
- Vietnam Seeks New Growth Engines, Focusing on FDI Attraction and Economic Restructuring
Vietnam continues to attract strong foreign investment, with registered FDI reaching $50.36 billion in the first nine months of 2026, a 76.4% year-on-year increase. The nation is focusing on economic restructuring and fostering new growth drivers, emphasizing international cooperation and domestic economic revitalization.
- Vietnam Accelerates Stock Market Reforms Post-FTSE Russell Upgrade
Vietnam's stock market is accelerating reforms following FTSE Russell's upgrade of some market segments. With market capitalization reaching 80.2% of GDP and investor accounts significantly exceeding targets, efforts are underway to enhance the market's investment appeal.
- Farmer Builds Million-Dollar Home After Pioneering Durian Cultivation in Da Nang
A farmer near Da Nang has amassed significant wealth and built a luxurious home by pioneering durian cultivation. This success story highlights emerging opportunities in Vietnam's agricultural sector.