 The facade of the State Bank of Viet Nam in Ha Noi |
In a similar report released in April, the US Treasury Department removed Vietnam from the list of currency manipulator saying there is insufficient evidence to make a finding that Vietnam manipulates its exchange rate for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade under the Omnibus Trade and Competitiveness Act of 1988 (the 1988 Act).