USTR Completes Section 301 Investigation of Vietnam s Currency Practices | WilmerHale jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
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).
Friday July 23, 2021 8:50 pm DOMESTIC STABILITY: Vietnam central bank Governor Nguyen Thi Hong insisted that Dong at 23,000 was for domestic stability.
Friday July 23, 2021 8:50 pm
ECONOMYNEXT – Vietnam’s central bank has promised the US Treasury not to devalue the Dong which insisting that the monetary policy was aimed at domestic stability though the America has extracted a promise to allow “to improve exchange rate flexibility over time.”
A dreaded ‘modernization’ of monetary policy also looms, perhaps backed by the International Monetary Fund, which has been peddling flexible policy, that could bring Vietnam down in the future when the US tightens monetary policy.
U S removes tariff threats against Vietnam en.qdnd.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.qdnd.vn Daily Mail and Mail on Sunday newspapers.
US removes tariff threats against Vietnam vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.