Tag: "exchange rates"
Vietnam dong hits record low as US dollar strengthens

Vietnam dong hits record low as US dollar strengthens

Economy 15:09 21/08/2025

The Vietnamese dong (VND) weakened to a record low against the U.S. dollar on Wednesday, as the State Bank of Vietnam set its highest-ever reference rate and banks pushed their selling prices to the ceiling amid global dollar strength.

​US dollar takes deep plunge in Vietnam ahead of Tet holiday

​US dollar takes deep plunge in Vietnam ahead of Tet holiday

Economy 10:50 08/02/2018

Experts attribute the sudden plunge to a heavy sell-off of dollars in exchange for Vietnamese dong ahead of the Lunar New Year