Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to conserve its shrinking currency reserves, a ...

The State Bank of Vietnam (SBV) has effectively devalued the dong currency by widening the exchange rate trading band to 5.0% from 3.0% on Monday, following a sharp fall in the currency resulting from ...

Vietnam’s central bank widened the dong’s trading band, signaling authorities are willing to tolerate more weakness in the currency. The State Bank of Vietnam widened the dong’s daily trading range to ...

Vietnam is using the age-old tactic of currency depreciation to gain a competitive advantage over its Southeast Asian peers as nations look for ways to ease the burden from US President Donald Trump’s ...

The Vietnamese dong (VND) is the current currency of Vietnam and replaced the use of the hao in 1978. Each hao, or hào, equaled one-tenth of a Vietnamese dông and was further divided into ten xus.

Currency speculators are being warned to take care with suggestions that investing in Vietnamese dong could propel them to riches. The idea that investors should put their money into the Vietnamese ...

HANOI, Oct 26 (Reuters) - Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the U.S. dollar again, in order to conserve its ...