# Why is the exchange rate in Vietnam rising rapidly despite the depreciation of the US dollar internationally?

> The State Bank of Vietnam's central rate was 25,192 VND per USD on September 29, down 2 dong from the previous day, and has risen about 3.4% since the start of the year. Commercial bank rates also eased slightly, while the black-market rate was about 200 dong higher. The US dollar index has fallen roughly 10% over the past eight months.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/23193-why-is-the-exchange-rate-in-vietnam-rising-rapidly-despite-the-depreciation-of
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The dong's year-to-date weakening keeps import costs elevated for Vietnamese feed makers while the dollar index declines. This is background currency news with little direct grain price impact.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-10 | [With the US dollar weakening, why is the exchange rate in Vietnam still rising?](https://feedsoft.ai/events/24989-with-the-us-dollar-weakening-why-is-the-exchange-rate-in-vietnam-still-rising.md) | +0.5% | -1.3% |
| DXY | 2017-03-16 | [Why Did The US Dollar Fall Despite FED Hike? \| Exchange Rates UK](https://feedsoft.ai/events/72192-why-did-the-us-dollar-fall-despite-fed-hike-exchange-rates-uk.md) | -1.3% | -1.2% |
| DXY | 2025-06-26 | [Is the era of a weak dollar coming... KRW-USD exchange rate falls to the 1,350 won range](https://feedsoft.ai/events/24449-is-the-era-of-a-weak-dollar-coming-krw-usd-exchange-rate-falls-to-the-1-350-won.md) | -0.9% | -0.6% |
| DXY | 2021-10-29 | [Euro US Dollar Exchange Rate Jumps On ECB Rate Decision And US GDP](https://feedsoft.ai/events/44756-euro-us-dollar-exchange-rate-jumps-on-ecb-rate-decision-and-us-gdp.md) | +0.8% | +2.8% |
| DXY | 2025-12-19 | [On the afternoon of December 19th, the free market USD exchange rate dropped rapidly, falling below 27,000 VND.](https://feedsoft.ai/events/21833-on-the-afternoon-of-december-19th-the-free-market-usd-exchange-rate-dropped.md) | -0.5% | -0.5% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/vi-sao-ti-gia-tai-viet-nam-tang-nhanh-du-dong-usd-quoc-te-mat-gia

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.