The US Department of the Treasury has recognised the progress made by Viet Nam in its recently released report on macro-economic and foreign exchange policies of major trading partners of the US.
The US Treasury Department’s labelling of Viet Nam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations.
The State Bank of Viet Nam, in conjunction with other Vietnamese ministries and agencies, will continue to share information with the US Treasury Department and co-operate to tackle issues of concern.
