U.S. dollar climbs to record high against Vietnamese dong

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New rules tighten debt limits on bond issuers

New rules tighten debt limits on bond issuers

Financial Markets June 20, 2026

HCMC - Companies issuing bonds via private placement will be subject to a debt-to-equity cap of five times, while individual professional investors will only be allowed to buy such bonds if they carry credit ratings and are backed by qualified collateral.

Central bank proposes easing lending cap

Central bank proposes easing lending cap

Financial Markets June 18, 2026

HCMC – The State Bank of Vietnam (SBV) has proposed raising the maximum ratio of short-term funds that commercial banks can use for medium- and long-term lending to 40% from the current 30%, in a move aimed at boosting credit supply for economic growth.

HCMC - The U.S. dollar has soared against the Vietnamese dong to an all-time high of over VND25,000 per dollar at commercial banks.
The State Bank of Vietnam (SBV) today, April 3, quoted the dong-dollar exchange rate at VND24,040 per dollar, an uptick of VND15. Commercial banks are permitted to trade U.S. dollars within the trading band of 5% on either side of the SBV-quoted exchange rate. This means they can trade the greenback at between VND22,838 and VND25,242 per dollar. Notably, exchange rates at commercial banks are currently at their highest levels ever recorded. Vietcombank is buying the dollar at VND24,750 and selling at VND25,120, up by VND70 compared to the previous day. At Eximbank, the exchange rate is capped at VND24,750 and VND25,140 for buying and selling, respectively, up by VND60 per dollar against yesterday. The U.S. dollar has been steadily moving up against the Vietnamese dong since the beginning of the year and the rise has intensified in the last two days, following the SBV's decision to halt issuing Treasury bills.

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New rules tighten debt limits on bond issuers

New rules tighten debt limits on bond issuers

Financial Markets June 20, 2026

HCMC - Companies issuing bonds via private placement will be subject to a debt-to-equity cap of five times, while individual professional investors will only be allowed to buy such bonds if they carry credit ratings and are backed by qualified collateral.

Central bank proposes easing lending cap

Central bank proposes easing lending cap

Financial Markets June 18, 2026

HCMC – The State Bank of Vietnam (SBV) has proposed raising the maximum ratio of short-term funds that commercial banks can use for medium- and long-term lending to 40% from the current 30%, in a move aimed at boosting credit supply for economic growth.