VND Market Update
27 Jun 2026 • 01:20 GMT
The Vietnamese dong (VND) remains stable against the US dollar, trading at its 3-month average of 0.000038. Despite ongoing strength in the USD driven by expectations of a Federal Reserve rate hike, the VND has held steady, supported by Vietnam's solid economic growth and healthy trade surplus.
In recent moves, the VND has strengthened slightly against the euro and British pound, both trading near 90-day highs at around 0.000033 and 0.000029 respectively. The currency also shows modest gains against the Japanese yen, Australian dollar, and Canadian dollar, with increases of about 1.6% to 1.9%. Meanwhile, the VND has remained relatively stable against other major currencies, maintaining narrow trading ranges.
While the USD continues its rally, the VND’s stability reflects Vietnam’s strong macroeconomic fundamentals, including high export growth and ongoing reforms. However, external risks such as US interest rate decisions and geopolitical tensions could introduce some volatility. Traders should keep an eye on these factors, as they may influence the VND’s movement in the coming months.