Goldilocks
Article: "Viet Nam's Minister of Finance and Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region"
Quote: "As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency."
LUANG PRABANG — Việt Nam's Minister of Finance and Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region."
Vietnam is currently engaged in monetary policy and monetary cooperation initiative changes.
They are currently taking active steps to be more inclusive on the international stage in terms of market growth and commitment to sustaining that growth with partnerships that will enable them to improve economical standards of living.
Their new Basel 3 compliant banks will allow them to show collateralization and ability to make higher volume trades than before through proof of the ability to transact on both sides of a trade.
As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency.
© Goldilocks
https://vietnamnews.vn/economy/1653304/viet-nam-participates-in-asean-meetings-boosts-financial-and-monetary-cooperation.html
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