Exchange rate fluctuations bring huge profits to many banks

Monday, Nov 18, 2024

The total net profit from the foreign exchange trading segment of 29 banks in the first three quarters of 2024 reached more than VNĐ19.62 trillion.

SBV’s USD/VNĐ central exchange rate hits all time high

Thursday, Nov 07, 2024

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.

Central bank works to raise interbank rates and ease forex market

Monday, Jul 01, 2024

The State Bank of Vietnam (SBV) has shortened terms and kept interest rate of its bills unchanged to increase the attractiveness of the bill channel.

VNDirect approved for capital increase to over $597 million

Monday, May 20, 2024

The securities firm will issue over 300 million shares with a face value of VNĐ10,000 per share.

Businesses concerned about rising exchange rate pressure

Wednesday, Apr 24, 2024

The sharp increase in the dollar price has caused many domestic companies to face difficulties.

VNDirect falls from top 3 brokerage market share after cyber attack

Saturday, Apr 06, 2024

VPS Securities JSC (VPS) maintains its leading position in the securities brokerage market on HoSE, capturing a 20.3 per cent market share, which gains 1.2 per cent from the end of the previous year.

USD/VNĐ exchange rate surges in first month of 2024

Wednesday, Jan 31, 2024

The State Bank of Vietnam (SBV)’s central rate of the Vietnamese đồng against the US dollar was adjusted up 0.7 per cent in January 2024 to VNĐ24,036 per dollar.

VNDirect purchases over 2.86 million shares of Post and Telecommunications Insurance JSC

Tuesday, Dec 19, 2023

VNDirect Securities Joint Stock Company (VND) purchased over 2.86 million shares of Post and Telecommunications Insurance Joint Stock Company (PTI) from December 4 to December 8, as reported by the Hà Nội Stock Exchange (HNX) on Monday.

Forex eases thanks to better economic outlook, Fed’s unchanged rates

Thursday, Nov 16, 2023

The reference exchange rate between the Vietnamese đồng and the US dollar announced by the State Bank of Việt Nam (SBV) at the last trading session of last week decreased by VNĐ50 compared to the beginning of the week.

SBV rolls out measures to reign in raising US-VND exchange rate

Wednesday, Sep 27, 2023

According to an SBV report, the exchange rate for the greenback broke the VNĐ24,000 mark on September 11 and reached its highest level at VNĐ24,076 on Monday.

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

Monday, Aug 14, 2023

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.

Exchange rate forecast to remain stable in H2 2023

Monday, Jun 26, 2023

The period of strong volatility of the US dollar has ended, and the USD/VND exchange rate in the last six months of 2023 will remain stable.

VNDIRECT signs off syndication with foreign financial institutions

Tuesday, Nov 01, 2022

VNDIRECT Securities Corporation (VND) has announced its enrollment in a US$75 million offshore unsecured syndicated loan with the greenshoe option to increase the total limit up to $200 million from foreign financial institutions.

Policy rate hike unavoidable to curb exchange rate, inflation risks

Monday, Oct 31, 2022

Though the State Bank of Viet Nam (SBV) has hiked interest rates twice in a month, experts agreed the SBV has no other choice but to take strong measures to curb upward pressure on the USD/VND exchange rate and inflation.

Central bank reduces intervention on OMO

Monday, Aug 15, 2022

The open market operations (OMO) have been more stable this month after the State Bank of Vietnam (SBV) reduced its intervention in the market.