Fed

In addition to a weakening US dollar, the ample supply of dollars thanks to Vietnam’s record trade surplus is a major factor that could keep a stable USD/VND exchange rate.

With nearly US$83 billion of foreign exchange reserves, the State Bank of Vietnam has more than enough reserves to comfortably meet redemptions.

Four transaction fees for derivatives market would be adjusted this week with immediate effect.

The cut is made to refinancing interest rate, discount interest rate, and interest rate applicable to overnight loans, starting effective from today.

The head of Vietnam's stock market watchdog urged players to trust the internal strengths of the economy and the resilience of Vietnam’s stock market.

This time, Vietnam’s stock market responded differently compared to the previous two rate cuts with minimal impacts.