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US places Vietnam on currency monitoring list

Vietnam is one of 12 economies that have been placed on the US' currency monitoring list, according to the US Department of the Treasury’s semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners

US removes tariff threats against Việt Nam - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: July, 25/2021 - 09:58 |   The headquarters of the State Bank of Việt Nam. The Office of the US Trade Representative will not take any tariff action against Việt Nam. VNA/VNS Photo Trần Việt WASHINGTON The Office of the US Trade Representative (USTR) on Friday issued a formal determination in the Việt Nam Currency Section 301 investigation, under which the agency will not take any tariff action against Việt Nam. A statement by the USTR said the move reflects the agreement reached earlier this week between the US Department of the Treasury and the State Bank of Việt Nam (SBV). 

No major trading partner manipulates currency: US Treasury

No major trading partner manipulates currency: US Treasury ​ By IANS | ​ 1 Views US blacklists individuals, entities over Hezbollah links. Image Source: IANS News Washington, April 17 : The US Treasury Department said that no major trading partner of Washington meets the criteria as a currency manipulator, but Vietnam, Switzerland and Taiwan will be under enhanced monitoring for their currency practices. In its semi-annual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the US, the Department on Friday concluded that Vietnam, Switzerland and Taiwan met all three criteria for enhanced currency analysis under the Trade Facilitation and Trade Enforcement Act of 2015 during the four quarters through December 2020, reports Xinhua news agency.

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