USD/VND exchange rate remains stable amid US economic uncertainty

On August 17, 2026, the USD/VND exchange rate in Vietnam showed limited movement, with the State Bank of Vietnam setting the central exchange rate at 25,561 VND/USD. At the State Bank's exchange trading center, the reference rate was listed at 24,333 VND - 26,789 VND. Commercial banks reported varying rates, with Vietcombank quoting 25,900 VND - 26,330 VND and Vietinbank at 25,885 VND - 26,260 VND.

Globally, the US Dollar is expected to fluctuate within a narrow range with a slight downward trend. This is driven by diminishing expectations that the Federal Reserve will raise interest rates in September. Economic indicators in the US, such as a 0.6% decrease in July retail sales and a slowing labor market, have raised concerns regarding the health of the US economy. While inflation pressures show signs of cooling, the USD remains supported by inflation levels staying above the 2% target.