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7 clusters · 20 sources · 52 days · First seen about 2 months ago · Last updated 2 days ago

US inflation and Fed policy drive markets and VND rates

Overview

Global currency markets remain focused on United States inflation data and Federal Reserve monetary policy. In Vietnam, the USD/VND exchange rate has maintained relative stability through much of September. On September 10, 2026, the State Bank of Vietnam (SBV) set the central exchange rate at 25,591 VND/USD, while the Vietnamese stock market saw positive movement led by the banking and technology sectors. Mid-September US inflation data, which showed a 0.4% rise in the Consumer Price Index for August, intensified expectations for a Federal Reserve interest rate hike. While Wall Street saw gains and analysts adjusted long-term outlooks, the US Dollar Index (DXY) showed volatility near the 99.00 zone, leading to a temporary decline in USD exchange rates in Vietnam. By September 18, 2026, the trend shifted as the US Dollar strengthened. The SBV increased the central exchange rate by 5 to 6 VND, reaching 25,632 VND/USD. This prompted upward movement at commercial banks, with Vietcombank and BIDV reporting increases of approximately 15 VND in both buying and selling directions. Internationally, the US Dollar Index rose slightly to 100.24 points. By September 25, 2026, the SBV further increased the central exchange rate to 25,641 VND/USD. Despite this, commercial banks like Vietcombank and BIDV adjusted their USD buy-sell rates downward by approximately 10-25 VND. Globally, the US Dollar continued to strengthen as the DXY rose to 101.25 points, driven by a 68.6% market pricing for an October Federal Reserve rate hike. On September 30, 2026, the SBV announced a central exchange rate of 25,627 VND/USD, a decrease of 3 VND from the previous session, reflecting a slight decline following US PCE inflation data.

Entities

State Bank of Vietnam · Vietcombank · Federal Reserve · Techcombank · BIDV

Timeline

2 days ago

[BUSINESS] 10 sources
State Bank of Vietnam adjusts USD exchange rate and banking regulations
Vietnam's central exchange rate for the USD decreased to 25,627 VND. The SBV also raised the LDR ceiling to 95% and reported a low system-wide bad debt ratio of 1.68%.
22 days ago

[BUSINESS] 14 sources
VN-Index recovers to close at 1,829.23 points
The VN-Index closed at 1,829.23 points after a late recovery, supported by technology and retail stocks. Foreign investors returned to net buying, focusing on VIC and FPT.
25 days ago

[BUSINESS] 5 sources
Vietnam central exchange rate rises as USD faces global pressure
The State Bank of Vietnam raised the central USD/VND exchange rate to 25,611 VND, amid global USD pressure and speculation over Bank of Japan interest rate policies.
about 1 month ago

[BUSINESS] 6 sources
Vietnam USD exchange rate remains stable amid Fed rate hike concerns
The State Bank of Vietnam held the USD central exchange rate at 25,610 VND. Globally, the USD fluctuated as markets react to potential Fed interest rate hikes and rising oil prices.
about 2 months ago

[BUSINESS] 3 sources
USD/VND exchange rate remains stable amid US economic uncertainty
The USD/VND exchange rate remains stable in Vietnam as global markets anticipate a potential slowdown in US interest rate hikes following weak US retail sales and labor data.
about 2 months ago

[BUSINESS] 3 sources
USD/VND exchange rate stabilizes amid anticipation of U.S. inflation data
The USD/VND exchange rate remains stable as markets await U.S. July CPI data to determine future Federal Reserve interest rate policies and global currency trends.
about 2 months ago

[BUSINESS] 3 sources
USD exchange rate fluctuates amid US economic uncertainty
The US dollar fluctuates against the Vietnamese Dong as markets await US inflation data and react to shifting expectations regarding Federal Reserve interest rate decisions.

Sources

baotintuc.vn · cafebiz.vn · cafef.vn · dientuungdung.vn · doanhnghiephoinhap.vn · doanhnghieptiepthi.vn · en.baoquocte.vn · giadinh.net.vn · giadinh.suckhoedoisong.vn · giavang.net · nhandan.vn · phunuvietnam.vn · portal.bme.hu · thanhnien.vn · thelevisalazer.com · thoibaonganhang.vn · thoibaotaichinhvietnam.vn · tuoitre.vn · vietnamplus.vn · vtv.vn

This summary has been updated 17 times: see revision history