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The U.S. dollar surged to an all-time high against the Vietnamese dong on Friday morning, reflecting its robust performance against other major currencies. Dollar Rises at Vietcombank Vietcombank reported the U.S. dollar selling for VND 26,195, representing a…
Exchange rate fluctuations and high taxes are the main concerns of Vietnam’s most profitable businesses, a recent report has found. The survey of the 500 most profitable companies this year, which include 41 foreign invested ones, by consultancy and market…
Hong Kong’s retail sales decline may have bottomed out. And a leading factor in the downturn – the value of the Hong Kong dollar – may now bring a much-needed boost for Hong Kong retailers. China’s central bank policy this year has been to peg the value of…
