Recent forecasts for the AED to VND exchange rate emphasize an optimistic outlook for the UAE Dirham amid various economic developments. Analysts note that the UAE's projected GDP growth between 4.1% to 6.2% in 2025 is supported by strong consumer spending, foreign investment, and successful diversification efforts. The introduction of a digital Dirham may enhance financial inclusion and modernize the economy further.
Meanwhile, the VND faces challenges with the imposition of high U.S. tariffs on Vietnamese exports, contributing to its depreciation. The U.S. Dollar Index, remaining elevated, has also exerted downward pressure on the VND. Economic analysts highlight that the Vietnamese Đồng weakened to a record low of approximately 25,600 per USD at the start of the year, which raises concerns over exchange rate volatility.
Recent data indicates that the AED to VND has reached 7-day highs near 7,188, slightly above the 3-month average of 7,133, revealing a stable trading range. Experts believe that a weaker U.S. dollar could positively impact the AED, potentially giving it an edge over the VND in the long term. As the UAE pursues closer economic partnerships and shifts to direct trade settlements in Dirhams, trade analysts expect that enhanced bilateral relations, particularly with India, could further support the AED's position.
However, the Vietnamese economic landscape remains complex with rising domestic gold prices as a hedge against currency risk, as well as businesses increasingly adopting hedging strategies. This volatility may continue to challenge the VND's stability in the international markets. Overall, while the AED shows promising strength, the VND's outlook appears more cautious, influenced heavily by external pressures and domestic economic policies.
