The recent performance of the USD to VND exchange rate has been marked by significant influences from both the U.S. and Vietnamese markets. Currently, the exchange rate is about 26,330 VND per USD, which aligns closely with its three-month average and reflects relative stability within a narrow 0.7% trading range.
Analysts have noted that the U.S. dollar experienced a dip amid improving risk sentiment, primarily as a result of U.S. political developments and a potential easing of trade tensions with China. In upcoming days, economic data releases—including the U.S. Consumer Price Index—are anticipated to have a considerable impact on USD direction, particularly as the Federal Reserve navigates its leadership changes and monetary policy adjustments.
Simultaneously, experts predict a modest depreciation of the Vietnamese đồng, anticipated at approximately 3% against the U.S. dollar over the course of 2025. This forecast is attributed to a strong dollar environment and various global economic pressures. The State Bank of Vietnam has actively intervened in the currency markets, selling roughly $1.5 billion to mitigate exchange rate fluctuations. Additionally, tariff imposed by the U.S. on Vietnamese goods has compounded downward pressure on the VND, further prompting adjustments to maintain export competitiveness.
Overall, developments surrounding both currencies suggest a cautiously optimistic outlook, although the ongoing dynamics of trade policies and economic data in the U.S. and Vietnam will continue to shape the USD to VND exchange rate. Keeping a close watch on these factors may provide strategic advantages for individuals and businesses engaged in international transactions.
