The State Bank of Vietnam (VNA) will manage the exchange rate flexibly, adjusting in line with general trends while still ensuring macro-economic stability and foreign currency balance, said its Permanent Deputy Governor Dao Minh Tu.

The consumer price index (CPI) of Ho Chi Minh City rose 0.47 percent month-on-month in February and 3.58 percent over the same period last year, reported the city’s Statistics Office on February 28.

Ho Chi Minh City’s consumer price index (CPI) moved up 0.43 percent monthly and 2.9 percent annually in May, said the municipal Statistical Office on May 29.

Vietnam’s consumer price index (CPI) inched up 0.55 percent in May, the highest monthly increase since 2012, according to the General Statistics Office (GSO).

The VND-USD exchange rate was adjusted down at commercial banks on late morning of January 12.

The US dollar prices at Vietnam’s commercial banks soared on August 24, getting closer to the ceiling price set by the State Bank of Vietnam (SBV).