Foreign currency

| 28/04/2025 - 16:51

The Deputy Prime Minister requested to focus on fighting and preventing illegal drug trafficking and transportation, illegal transportation of gold and foreign currency for export.

| 03/07/2024 - 17:20

Individuals who are caught using the US dollar for domestic transactions could face a 10-year prison sentence or a significant fine.

| 01/10/2022 - 12:01

The State Bank has just issued a document requesting banks to strictly implement regulations on foreign exchange management in the context of the VND/USD exchange rate continuously increasing. There are even many people who buy USD from banks to smuggle into the market to make a profit.

| 20/06/2022 - 20:33

The State Bank will increase the frequency of foreign currency intervention sales to be ready to supplement foreign currency supply to the market more regularly, thereby creating conditions for the credit institution system to fully and promptly meet the legitimate foreign currency needs of organizations and individuals, including the need for foreign currency to import essential goods for domestic production and business and export, thereby contributing to stabilizing the market and supporting economic recovery, said Mr. Pham Chi Quang - Deputy Director in charge of the Department of monetary Policy, State Bank.

| 28/11/2021 - 16:51

The risk of the new COVID-19 pandemic is negatively affecting economic activities, especially the foreign exchange market. Omicron vulnerability is hampering expectations of interest rate increases next year from major central banks around the world.

| 06/04/2020 - 17:44

The decrease in COVID-19 mortality rates in Spain, Italy and France and some European countries is helping the stock market get a bright spot again.