The current state of exchange rate fluctuations in the Vietnamese market and forecasts for the coming period

The article focuses on analyzing and clarifying exchange rate bases in recent years This article focuses on analyzing the current state of VND/USD exchange rate fluctuations in the Vietnamese foreign exchange market, with an emphasis on the early months of 2024. It also provides forecasts for exchange rate movements throughout the year 2024 and in the years to come. The author offers several relevant recommendations, such as: enhancing the attraction of international capital sources, continuing to implement a stable exchange rate mechanism, applying a two-way intervention mechanism in the foreign exchange market, promoting labor exports, strictly controlling smuggling, especially gold smuggling, and eliminating the monopoly on gold bullion trading.