Trade Surplus

VND set to continue trading stable in 2021

VND set to continue trading stable in 2021

Strong currency inflows from trade surpluses and FDI will support the VND, while an adequate foreign reserve position will also allow the central bank to ease off its foreign currency purchases over the near term.

2020 marks a successful year for Vietnam exports

2020 marks a successful year for Vietnam exports

The US$300-billion export target set in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation.