From October 1 lenders including banks will not be allowed to provide medium- and long-term foreign currency loans to businesses to pay for imports. Many market observers said this is the State Bank of Việt Nam’s final step in its fight against dollarisation.

A short story by Lê Hoài Nam

Police arrested 14 people, seized properties worth more than VNĐ 1.3 billion (US$58,400), plus a number of cars and motorbikes, in a raid last week in Vinh City.