Tags

rate

US dollar drops sharply on unofficial market

US dollar drops sharply on unofficial market

Since the beginning of December, the dollar on the unofficial market has fallen by more than VNĐ700 per dollar. Compared to its peak of VNĐ28,000 in mid-November, the rate decreased by more than VNĐ900, or 2.5 percentage points.
State Bank adopts proactive policy to stabilise forex market

State Bank adopts proactive policy to stabilise forex market

As global financial fluctuations have put significant pressure on the monetary market this year, the State Bank of Việt Nam has adopted a flexible and proactive monetary policy to maintain stability. Director of the Monetary Policy Department Phạm Chí Quang...
Draft decree on 2 per cent rate subsidy for green projects to be submitted this week

Draft decree on 2 per cent rate subsidy for green projects to be submitted this week

The State Bank of Việt Nam (SBV) is finalising a draft decree guiding the provision of 2 per cent annual interest rate subsidies for loans financing projects that comply with green, circular economy and environmental, social and governance (ESG) requirements....
Authorities tighten crackdown on illegal forex trading points

Authorities tighten crackdown on illegal forex trading points

The central bank requested its branches in Region I and Region II to coordinate with police forces to identify and shut down unauthorised money-changing locations.
Central bank requires inspection to stabilise forex market

Central bank requires inspection to stabilise forex market

Compared to the beginning of October, the US dollar price listed at banks decreases by about VNĐ94, but it increases very strongly by VNĐ1,100 in the unofficial market.
VN plans green loan boost for eco-friendly projects

VN plans green loan boost for eco-friendly projects

A fixed 2 per cent annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy and environmental – social – governance (ESG) projects, accroding a a draft decree by the...
Reference exchange rate falls further following Fed decision

Reference exchange rate falls further following Fed decision

The move came right after the US Federal Reserve (Fed) announced its first interest rate cut of this year.
SBVs intervention cools foreign exchange market

SBV’s intervention cools foreign exchange market

FDI and remittances will be two important drivers to help ease the exchange rate pressure in the fourth quarter.
SBV pushes rate cuts to support economic growth

SBV pushes rate cuts to support economic growth

At a conference held on Monday in Hà Nội, SBV Deputy Governor Phạm Thanh Hà said that stabilising deposit rates and reducing lending rates are key tools to promote economic recovery and maintain macroeconomic stability.
Interest rate cut requires a trade-off in foreign exchange rate

Interest rate cut requires a trade-off in foreign exchange rate

Phạm Chí Quang, Director of the State Bank of Vietnam (SBV)’s Monetary Policy Department, talks about the cause of the đồngdevaluation and forecasts the đồng in the second half of 2025.
Dollar appreciates in domestic market due to surge in foreign debt repayment

Dollar appreciates in domestic market due to surge in foreign debt repayment

The US dollar index (DXY) is now around 99, down 10 per cent from its early-year peak, while the dollar has risen 2.6–3 per cent against the Vietnamese đồng at local banks this year.
Social housing: More than just homes, a key to socio-economic development

Social housing: More than just homes, a key to socio-economic development

Social housing is crucial to the country’s social and economic infrastructure, making collaboration between the State, market mechanisms, and relevant stakeholders essential.
USD/VNĐ exchange rate increase despite DXY depreciation

USD/VNĐ exchange rate increase despite DXY depreciation

The US dollar in the domestic market has so far this year appreciated by about 2.2 per cent against the Vietnamese đồng.
Foreign exchange rate to remain under control in wake of US tariff

Foreign exchange rate to remain under control in wake of US tariff

According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Việt Nam''s economy is deeply integrating towards becoming a market economy, which requires flexibility.
Ninh Thuận signs contract for 44.4 million social housing project

Ninh Thuận signs contract for $44.4 million social housing project

The project in the Thành Hải resettlement area will include 1,155 social housing units and 197 commercial housing units, with a total investment of over VNĐ1.13 trillion (US$44.4 million).