Monday, April 19, 2021, 15:01 GMT+7
The State Bank of Vietnam says it will continue to pursue a flexible exchange rate policy that does not create any unfair trade advantage. Photo: Quang Dinh / Tuoi Tre
Hanoi welcomes Washington s decision to remove Vietnam from the list of currency manipulators and will maintain dialogue and consultancy with the U.S. over this issue, Le Thi Thu Hang, the Vietnamese Ministry of Foreign Affairs’ spokesperson said on Saturday.
Hang s statement followed the U.S. Treasury Department s move to stop branding Vietnam as a currency manipulator on Friday.
The department on April 16 delivered to the U.S. Congress its semiannual report entitled Macroeconomic and Foreign Exchange Policy of Major Trading Partners of the U.S., April 2021, in which Vietnam and Switzerland had been removed from the list of currency manipulation countries.