The State Bank of Vietnam devalued the dong by weakening its reference
rate for the second time since June, seeking to spur exports and sustain
growth. SEE MORE Vietnam targets a gross domestic product (GDP) growth of 6.2 percent
and a 10 percent rise in export value in 2015, according to
recently-issued Government Resolution 01/NQ-CP on key tasks and measures
to realise the 2015 socio-economic development. SEE MORE HA NOI (VNS) — The State Bank of Viet Nam weakened the Vietnamese dong
by 1 per cent, raising the US$-VND daily reference rate from VND21,246
to VND21,458. SEE MORE After three consecutive years of enjoying a trade surplus, Vietnam is
forecast to face a trade deficit of US$6 billion this year as the
demand to import materials and equipment will be high while exports may
not soar. SEE MORE Vietnam’s economy has shown signs of recovery with the 2014 growth
rate at its fastest pace in four years and 2015 is likely to see even
more robust growth, a senior economist tells Thanh Nien. SEE MORE