The Ministry of Foreign Affairs welcomed the assessment of the US Ministry of Finance, showing not enough evidence that Vietnam manipulates the exchange rate by 1988.

"We welcome positive adjustment of content related to Vietnam in the above report," said Foreign Ministry spokesman Le Thi Thu Hang said in today's announcement.

The declared by Mrs. Hang to answer the question of Vietnam's reaction to April 16 report of the US Department of Finance, which shows not enough evidence to affirm Vietnam money manipulation.

"Vietnam's relevant agencies have exchanged information and consultations with the US side to clarify Vietnam's exchange rate policy, synchronously synchronous and flexible by management agencies in accordance with Vietnamese practices

The Ministry spokesman said that Vietnam will maintain dialogue and consultation to build with the United States in the spirit of attaching importance to economic relations and trade relations, a pillar of a comprehensive partnership between the two countries.

A Foreign Ministry spokesman Le Thi Thu Hang.

In the report "Macroeconomic and foreign exchange policies of American major trading partners" in December 2020, the US Ministry of Finance said Vietnam and Switzerland met three criteria of the Promotion Act

These criteria include a bilateral commercial trade surplus with the US at least 20 billion USD, the current balance surplus is equivalent to at least 2% of GDP, one-way intervention and extends in the foreign currency market, shown

However, in the report submitted to the National Assembly on April 16, the US Finance Ministry concluded not enough evidence of Vietnam, Switzerland and Taiwan manipulating the exchange rate for the two purposes mentioned in the Edge Act

The report said the US Ministry of Finance will continue to coordinate with Vietnam and Switzerland, and began to improve and improve with Taiwan Island, including urging to develop a specific action plan to solve

The US Finance Ministry's report said there was no major US commercial partners to satisfy the criteria of two laws in 1988 and 2015 for manipulating money or need advanced analysis during the evaluation period.

The US is monitoring Chinese currency activities, Japan, Korea, Germany, Ireland, Italy, India, Malaysia, Singapore, Thailand and Mexico.