June 06, 2008: 08:11 AM EST
The prime minister, who met with a JP Morgan chief economist
Dung said that because Vietnam has a surplus of foreign exchange, the daily trading band for the dong could soon be widened to plus or minus 2% around the officially set rate, up from 1% now.
It's government policy to have a 2% trading band against the dollar but the central bank continues to keep the dong in a 1% band.
-By Nguyen Pham Muoi, Dow Jones Newswires, 84-913-220-614; phammuoi.nguyen@ dowjones.com