Vietnam Dong

Views Updated: Dec 15, 2025

Abbreviation

VND

Pronunciation

/viˌɛtˈnɑm dɔŋg/

One way to squeeze the supply of Vietnam dong would be to stop buying dollars.
Developing countries such as Brazil and Vietnam, which recently devalued the Dong, could conceivably join the US in pressuring China to revalue.
Last week, Vietnam said it would allow the dong's exchange rate to float a bit more freely-just half a percentage point around the official target.
Meanwhile, analysts say Vietnam also faces similar inflationary pressures and a policy shift to let the Dong appreciate against the dollar may already be under way.
A number of foreign businesses have been affected in recent weeks, as the State Bank of Vietnam, the central bank, tries to drain liquidity from the financial system to control inflation and hold down the value of the Dong against the dollar.

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