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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]
This mechanism allows the dollar–dong exchange rate to adjust gradually to changing market conditions. [36] This was set at 3 percent either side of a fixed rate set each day by the SBV, however, it was increased to 5 percent in October of 2022. [91] As of December 27, 2024, a US dollar is worth 25,448 Vietnamese đồng.
VND Index also known as the Trade Weighted Vietnam Dong Index, ... (bil USD) Y08 Index US 12.00 2.60 16.67% EU
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.
Vu continues his parallel career as a tournament poker player. As of 2017, he had won more than $1,975,000 in casino poker tournaments, including a second-place finish in a no limit Texas hold 'em event at the 2007 World Series of Poker [4] and a 22nd-place finish at the 2005 World Series of Poker championship event. [5]
Phạm Nhật Vượng (born 5 August 1968) [3] is a Vietnamese property developer and Vietnam's first USD billionaire. [4] He is the founder and chairman of Vingroup, the largest conglomerate in Vietnam. As of November 2024, Vượng has a net worth of $4.2 billion according to Forbes. [5]
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.
Tan Son Nhat International Airport is located inside the crowded urban core of Ho Chi Minh City, making expansions difficult. In a report submitted to the Vietnamese National Assembly in 2015, legislators deemed continued expansion of Tan Son Nhat problematic in five aspects. Firstly, it would be more economically viable to build a new airport ...