The US dollar index (DXY) is now around 99, down 10 per cent from its early-year peak, while the dollar has risen 2.6–3 per cent against the Vietnamese đồng at local banks this year.
Social housing is crucial to the country’s social and economic infrastructure, making collaboration between the State, market mechanisms, and relevant stakeholders essential.
According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Việt Nam''s economy is deeply integrating towards becoming a market economy, which requires flexibility.
The project in the Thành Hải resettlement area will include 1,155 social housing units and 197 commercial housing units, with a total investment of over VNĐ1.13 trillion (US$44.4 million).
Experts emphasised the need to channel funds into less risky segments like social and affordable commercial housing to ensure a balanced real estate market. They also urged swift implementation of new regulations under the Housing Law and Land Law to...
The move came as the dollar index (DXY) hovered around a four-month high of more than 105, with the market welcoming Donald Trump''s victory in the US presidential election.
According to experts, the exchange rate has increased again due to a recovery of the US dollar price in the international market and a slowdown in Việt Nam’s trade surplus.
Given the evolving economic landscape and changes in living standards, The Ministry of Finance is conducting a comprehensive review and assessment of the Personal Income Tax Law, which includes the consideration of family circumstance deductions.