Vietnam's foreign exchange reserves near $79bln

This figure was revealed by State Bank Governor Lê Minh Hưng at a government meeting on Tuesday. In 2019, the State Bank of Vietnam (SBV) purchased 20 billion USD, which means nearly 21.6 billion USD entered the economy, but SBV has been proactively making sure that this would not affect inflation.

Vietnam's inflation was controlled at low levels, in which core inflation was within the range of 1.4% to 2%. Forex reserves came from not only foreign direct or non-direct investments, but also from large movements of foreign currencies held by organizations and individuals in the country.