A flexible forex policy
The dollar-dong exchange rate has regained stability after the U.S. Federal Reserve slowed its interest rate hikes. This has allowed the State Bank of Vietnam (SBV) to restart buying foreign currencies. What signals has the SBV sent? The SBV, on December 15, announced it would buy the U.S. dollar
Reaching out to foreign lenders
While access to capital remains a headache for local enterprises as they struggle to take out bank loans or get funding from the securities market, foreign capital has become a savior, helping cash-strapped companies maintain operations and recover in the coming years The An Gia Real Estate