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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]
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.
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.
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 ...
HANOI (Reuters) -Russian President Vladimir Putin will visit Hanoi this week, Vietnamese and Russian state media said on Monday, highlighting Communist-ruled Vietnam's loyalty to Russia and ...
HANOI (Reuters) -Communist-ruled China and Vietnam, at odds over claims in the South China Sea, agreed on Tuesday to boost ties and build a community with a "shared future", three months after ...
[citation needed] According to IMF records, Vietnam is still paying that loan and continues their membership with the IMF. [6] Since 2012, the Vietnamese dong closely tied to the U.S. dollar. [10] Every year or two Vietnam undergoes a cycle staff report based on Article IV Consultation [11] and hold discussions of their economic developments ...
The new strategy started to show some effects: in 1970, troops from the Army of the Republic of Vietnam successfully conducted raids against North Vietnamese bases in Cambodia (Cambodian Campaign); in 1971, the ARVN made an incursion into Southern Laos to cut off the Ho Chi Minh trail in Operation Lam Son 719, but the operation failed as most ...