Vietnam is using the age-old tactic of currency depreciation to gain a competitive advantage over its Southeast Asian peers as nations look for ways to ease the burden from US President Donald Trump’s ...

Vietnam will raise the minimum wage for contracted workers by over 7% from next year, according to a government document reviewed by Reuters, in a move that could potentially increase labour costs for ...

The State Bank of Vietnam devalued the dong for the second time this year in a bid to maintain export competitiveness and accelerate economic growth. The central bank weakened its reference rate 1% to ...

HANOI (Reuters) - The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as exports from the Southeast Asian industrial hub grew amid a ...

(Bloomberg) -- Vietnam’s currency fell to a record low against the dollar as Donald Trump’s tariff rhetoric drives broad strength in the greenback, pummeling emerging markets. The dong dropped 0.6% to ...