The US Federal Reserve's first rate hike in a decade expected to increase pressure on the dong to sustain...
This is because the market is dominated by domestic supply and demand.
Companies with huge loans and payables in US dollars face a big currency mismatch
Exports increased 9.3 percent in the six months through June from the same period a year earlier.
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Economists say the move will help cool down the forex market and cut the trade deficit, which has widened this...
HSBC Holdings Plc predicts a devaluation, which would be the third in less than a year, to support overseas sales.
The recent devaluation of the Vietnamese dong has made things more difficult for importers, and increased the national debt burden.
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"Next year it will be another story. The central bank may weaken the dong in an incremental manner."
The southern part of the city did better than the much-touted east, CBRE says
The bank says the economy has benefited from moderating inflation and improved consumer confidence, even amid debt concerns
46 percent of the debt is external, which can be affected by the recent dong devaluation
“Growers also have income from other crops like pepper or durian so they’re not interested in selling coffee.”
A weaker dong will push up borrowing costs for a nation with a swelling budget deficit.