The yuan ignored a declining dollar to drop to an eight-year low, with banks slashing their forecasts for China’s exchange rate amid concern an imminent Federal Reserve interest-rate increase will accelerate capital outflows. SEE MORE The Vietnam dong currency has strengthened against strong currencies since the surprise outcome of the U.S. presidential election last week while the local gold price has edged down 4%. SEE MORE The U.S. dollar strengthened against the Vietnam dong currency at banks and on the informal market on November 14 as it rose versus most other hard currencies. SEE MORE The budget deficit ceiling has been set at 3.5 per cent of GDP for 2017, equal to VND178.3 billion ($8 billion), with a majority of National Assembly (NA) delegates voting in favor of the associated resolution on November 11. SEE MORE The National Assembly (NA) yesterday adopted a resolution on the socio-economic development plan for 2017, targeting a gross domestic product (GDP) growth rate of about 6.7 per cent. SEE MORE