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Federal Reserve

USD/VNĐ exchange rate keeps stable despite SBVs different policies

USD/VNĐ exchange rate keeps stable despite SBV’s different policies

Despite the difference in policies of the State Bank of Vietnam (SBV) and the US Federal Reserve (Fed), the USD/VNĐ exchange rate has remained stable to date thanks to a trade surplus and a bright economic outlook of Việt Nam.
Indices recover on bottom-fishing demand

Indices recover on bottom-fishing demand

The Vietnamese stock market moved higher while global benchmark indices dipped after the US Federal Reserve delivered another rate hike of 75 basis-point on Wednesday.
Viet Nam in the headwinds of global rate hikes and inflation

Viet Nam in the headwinds of global rate hikes and inflation

Global rate hike and rising inflation are putting pressure on Viet Nam''s monetary management policy.
VN stocks lose ground following Fed move

VN stocks lose ground following Fed move

The biggest losers in the two industries were dairy firm Vinamilk (VNM), consumer business Masan (MSN) and brewer Sabeco (SAB), which were down between 0.7 per cent and 0.8 per cent.
VN stocks slide with concerns over Fed meeting

VN stocks slide with concerns over Fed meeting

Vietnamese shares were little changed on Wednesday, just like global financial markets, with the US central bank Federal Reserve’s meeting in the spotlight.
Good short-term effects for Viet Nam after Feds rate cut

Good short-term effects for Viet Nam after Fed's rate cut

The US Federal Reserve’s latest rate cut will benefit commodity and equity markets in the short term, according to specialist Nguyen Tri Hieu.
VN-Index slides after stumbling at 1,000 point level

VN-Index slides after stumbling at 1,000 point level

Vietnamese shares slid on Friday morning, dragged by large-cap companies and cautious market sentiment.
G-bond yields hit seven-month low

G-bond yields hit seven-month low

The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
VN Index ends three-day rally

VN Index ends three-day rally

A comment made by the US Federal Reserve chairman on slower rate hike pace could not buoy Vietnamese shares from weak market sentiment.
Vietcombanks application to establish a New York office approved

Vietcombank’s application to establish a New York office approved

The US Federal Reserve Board announced on its website early this week that it had approved the application by Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) to establish an office in New York City.
Fed rate hike wont have much impact on Viet Nam

Fed rate hike won’t have much impact on Viet Nam

The US Federal Reserve (Fed)’s third interest rate hike this week would not affect Viet Nam’s economy significantly as the move was foreseeable, according to experts.
Gold up, dollar down in unusual VN reaction

Gold up, dollar down in unusual VN reaction

The Federal Reserve’s decision on Wednesday to increase interest rates by 0.25 percentage points - to what is now between 0.75 to 1 per cent - has made the Vietnamese dong-US dollar exchange rate decrease and elevated domestic gold prices...
Local markets gain marginally, await US Fed announcement

Local markets gain marginally, await US Fed announcement

Shares went up marginally on Wednesday morning on rising caution ahead of the results of the US Federal Reserve meeting.  
Fed raises interest rate for first time in nearly a decade

Fed raises interest rate for first time in nearly a decade

The Federal Reserve announced late on December 16 its first interest rate increase in more than nine years in a landmark move signaling the US has finally moved beyond the 2008 crisis.
US tapering likely to benefit VN

US tapering likely to benefit VN

The reduction of the US Federal Reserve''s US$85 billion stimulus package to $75 billion won''t directly impact the Vietnamese stock market, but will affect foreign capital inflows.