Economics

Vietnam Won't Devalue Currency to Boost Exports, PM Says

Prime Minister Nguyen Xuan Phuc says Vietnam won’t devalue its currency to boost exports.(Source: Bloomberg)
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Vietnam won’t devalue the dong to boost exports even as the U.S.-China tension starts to hurt Southeast Asia’s trade-reliant economies.

“We will keep the dong stable,” Vietnamese Prime Minister Nguyen Xuan Phuc said in an interview with Bloomberg TV’s Haslinda Amin. “That’s our policy.”