The U.S. dollar continued to strengthen and reached its historic high against Vietnamese currency Saturday.
Textile firms are bracing for a profit plunge in the second half of this year, with the number of new orders slowing down since the middle of the second quarter.
The U.S. dollar continued its recent rally, climbing to a fresh peak of over 23,800 against the dong after some banks raised its price Monday.
Digital transformation would be the key for Vietnam to achieve its targets of becoming a high-income country and a 'net-zero' emissions economy, an IFC vice president says.
Vietnam should not let the dong slide further as maintaining a stable currency exchange rate is key to controlling inflation, experts said at an economic forum Sunday.