return icon Vietnamnet.vn
  • © Copyright of Vietnamnet Global.
  • Tel: 024 3772 7988 Fax: (024) 37722734
  • Email: [email protected]
Download app Send to editor
download app

VND depreciation

Update news VND depreciation

VND slight depreciation believed to be the best choice
Vietnamnet global

VND slight depreciation believed to be the best choice

The current factors of the national economy allow to stabilize the dong/dollar exchange rate. However, economists believe that it would be better to depreciate the local currency slightly so as to encourage exports.

VND depreciation won’t be sharp enough to give people a start
Vietnamnet global

VND depreciation won’t be sharp enough to give people a start

 VietNamNet Bridge – No one thinks that the dong would be devaluated by 2 percent by the end of the year. In general, Vietnam would need more than 3 months for such a big currency devaluation.