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In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on 17 October 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from 16 October to 24 October the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar. [44]
The owner of a Ho Chi Minh City restaurant exclusively catering to foreigners was arrested on charges of facilitating prostitution.. A police raid at a nearby hotel uncovered two couples engaged ...
Viễn Đông Daily News (Vietnamese: Nhật báo Viễn Đông, lit. 'Far East Daily News') is one of the three largest Vietnamese-language newspapers published seven days a week by Vietnamese overseas. [1] Founded in 1993, its headquarters is situated in the Little Saigon neighborhood of Westminster, California.
Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam's largest ...
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.
Vietnamese Prime Minister Pham Minh Chinh on Wednesday asked U.S. Treasury Secretary Janet Yellen to support granting the communist country "market economy" status and help ease other trade ...
VND Index also known as the Trade Weighted Vietnam Dong Index, is a measure of the value of the Vietnamese đồng (VND) relative to majority of Vietnam's most significant trading partners. Methodology
WASHINGTON (Reuters) -U.S. President Joe Biden is scheduled to meet Vietnam's President and ruling Communist Party Chief To Lam on Wednesday, the White House said on Sunday. The meeting, reported ...