US dollar continues gaining against Vietnamese dong, hitting exchange ceiling
The US dollar has continued to strengthen against the Vietnamese dong (VND) as the exchange rate hit the ceiling limit across commercial banks on April 16 morning.
Vietnamese Dong likely to strengthen towards year end: UOB
The Vietnamese Dong or VND is expected to strengthen slightly against the US$ in the latter half of this year, along with the country's economic recovery and the anticipated weakening of the greenback, according to Singapore-based bank UOB.
Rising inflation poses challenge to businesses
Vietnamese businesses are expected to face headwinds from inflation, tightening monetary policy and a growing cost-of-living crisis in many of the country’s export markets, experts have warned.
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