Vietnam Central Bank: Vietnam’s currency management not for comparative advantages in international trade
(VOVWORLD) - The State Bank of Vietnam said its currency management in recent years is within common monetary policy framework for curbing inflation, stabilizing the macro-economy, and not creating comparative advantage for unfair international trade.
 The State Bank of Vietnam |
The State Bank of Vietnam announced on Thursday in response to the US Treasury Department’s designation of Vietnam as a currency manipulator.
The State Bank of Vietnam said Vietnam’s trade surplus with the US is the result of many factors and will discuss with the US for mutual benefits and harmonized and fair trade relations in line with the two countries’ cooperation action program.