# U.S. Names Switzerland, Vietnam Manipulators Over Dong (VND), Franc (CHF) - Bloomberg

> The U.S. Treasury designated Switzerland and Vietnam as currency manipulators for the first time in its semiannual foreign-exchange report, while keeping China on a watch list. Treasury said both countries' interventions prevented balance-of-payments adjustments, and it accused Vietnam of seeking an unfair trade advantage.

- Date: 2020-12-16 · published 2020-12-16T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/49953-u-s-names-switzerland-vietnam-manipulators-over-dong-vnd-franc-chf-bloomberg
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The designation opens bilateral talks that could push Vietnam to buy more U.S. goods or loosen currency management. No direct feed or grain price impact is evident in the near term.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-12-16/u-s-designates-vietnam-switzerland-as-currency-manipulators

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.