Le Viêt Nam, aujourd'hui

The Vietnamese dong's slide in the last two weeks was "unreasonable" and driven by sentiment rather than supply or demand, the central bank said.

Costantino Sambuy, local head of scooter maker Piaggio, opened a plant in Vietnam last June and faced two risks that beset most foreign investors -- a dollar shortage in the banking system and the ever-present threat of devaluation of the local currency.

Hanoi - Financial analysts Friday said they approved of Vietnam's move to devalue the dong, as the currency rose against the dollar on the country's black market. Gold traders, semi-official traders in dollars, were offering 19,450 dong to the dollar Friday in Hanoi, up from 19,300 on Thursday.

Le Premier ministre vietnamien, Nguyen Tan Dung, a demandé à sept grands groupes publics de vendre des devises étrangères, pour apporter un bol d'air à l'économie nationale et tenter encore d'alléger la pression sur la monnaie nationale, le dong.

Vietnam, struggling to control accelerating inflation and a widening trade deficit, will keep weakening the dong after devaluing the currency for the first time since December, black-market rates and forwards show.

Hanoi - The US dollar rose sharply against the Vietnamese dong Tuesday on the country's black market as the central bank failed to keep up with demand for the foreign currency.

HANOI — From lowly rickshaw drivers to restaurants and high-end boutiques, the dollar is a widely accepted currency in communist Vietnam - except in the eyes of the government.

Bangkok - Vietnam's economy has proved to be far more robust than many pessimists believed but analysts are warning that some of its strength could be sapped by uncertainties about the currency and the current account deficit.

Le Vietnam va élargir à 5% la bande de fluctuation du dong par rapport au dollar américain, pour rendre plus flexible une économie de plus en plus confrontée à la crise mondiale, a annoncé lundi la Banque centrale.

HANOI - Liquidity in Vietnam's interbank market is ample, thanks to dong surpluses at banks, but the supply of dollars remains tight, bankers said on Monday.