VnExpress News The News Gateway of Vietnam

Most banks let the dollar slide Thursday as the central bank allow the dong to gain. The dollar fell by 0.32% to VND23,668 at Vietinbank and by 0.21% to VND23,670 at Techcombank. Eximbank sold the greenback at VND23,640, down 0.25%. Vietcombank, however, sold it 0.13% higher at VND23,680. The State …

Vietnam’s foreign trade is set to exceed US$700 billion this year, the highest ever, the customs department said. It has risen steadily from $500 billion in 2020 and $600 billion last year. In the first 11 months exports rose by 13.4% from a year earlier to $342.2 billion, and imports …

The Federal Reserve moderated its all-out campaign to cool inflation Wednesday, lifting the benchmark lending rate by a half percentage point as its policy actions ripple through the economy. The increase takes the rate to 4.25-4.50 percent, the highest since 2007, but officials signaled that their battle to cool the …