The exchange rate between the UAE Dirham (AED) and the Vietnamese Đồng (VND) is currently trading near its 30-day lows at approximately 7171 VND, which is consistent with its three-month average. Analysts noted that the AED/VND pair has remained stable within a 1.2% range, fluctuating between 7116 and 7198.
Recent developments in the UAE, such as a significant currency swap agreement with Turkey valued at 18 billion AED, are aimed at enhancing liquidity and could bolster the AED's position in regional trade. The UAE central bank's recent interest rate cut aligns with similar moves by the U.S. Federal Reserve, which may invigorate local markets but place some downward pressure on the AED's strength against other currencies.
Conversely, Vietnam is experiencing robust economic growth, with a reported 8.22% GDP expansion in the third quarter of 2025, despite external challenges such as U.S. tariffs. The central bank's focus on supporting economic expansion through reduced lending rates could further enhance the VND's attractiveness. However, some experts predict a potential depreciation of the VND against the U.S. dollar, which may also impact its value against the AED.
Overall, the outlook for the AED against the VND appears stable in the short term, influenced by local economic policies and geopolitical factors. Currency analysts are watching how these developments unfold, as shifts in interest rates and economic growth could drive future movements in the exchange rate.
