The central bank’s Deputy Governor Nguyen Dong Tien discussed reduction of Viet Nam’s dollarisation rate, now at 21 per cent, with Thoi Bao Kinh te

Why is the SBV now starting to take dollarisation seriously?

The economic transition that Viet Nam is undergoing makes the local currency more vulnerable to fluctuation and it’s very difficult to avoid dollarisation....
Full story: Vietnam Business Finance: Lower fees for dong transactions key to lessening dollarisation