31st Sea Games - Vietnam 2021 Covid-19 Pandemic
USD/VND rate expected to remain stable until year-end
In addition to a weakening US dollar, the ample supply of dollars thanks to Vietnam’s record trade surplus is a major factor that could keep a stable USD/VND exchange rate.
14:46, 2020/46/11
Vietnam's record high forex reserves help ensure economic stability: SBV governor
Vietnam central bank is ready to intervene in the foreign exchange market in case of necessity.
16:58, 2020/58/25
VND more resilient compared to regional peers amid Covid-19: VinaCapital
With nearly US$83 billion of foreign exchange reserves, the State Bank of Vietnam has more than enough reserves to comfortably meet redemptions.
11:46, 2020/46/24
Vietnam c.bank willing to sell forex as greenback soars
Vietnam's continued trade surplus helps strengthen its forex position.
10:32, 2020/32/06
Vietnamese financial market faces bigger challenges in 2020
It is projected that FDI and remittance inflows to Vietnam would also weaken this year due to the global economic slowdown, providing less support to VND.
1