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Vietnam’s Central Bank Says It Intervened to Slow Dong Decline

The State Bank of Vietnam said it intervened “with reasonable volume” in the foreign-exchange market to slow a slide in the dong fueled by increasing dollar demand from importers.

Vietnam court sentences 4 men to prison for arranging 2 illegal voyages for would-be migrants

A Vietnamese court sentenced four men to up four years in prison for arranging two illegal sea voyages to Australia for more than 60 would-be migrants, a judge said Wednesday.

Dung Passes Confidence Vote as Vietnam Economic Growth Slows

Vietnam’s prime minister secured enough support from parliament during the communist country’s first confidence vote to keep his job, with almost a third of lawmakers rating him poorly as economic growth stagnates.

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