A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about 3% against the dollar, experts forecast.

Current exchange rate fluctuations still fall within the controlled range of the State Bank of Vietnam, without necessitating usage of foreign exchange reserves for intervention, Nguyen Ba Hung, Chief Economist of the Asian Development Bank (ADB) in Vietnam, has said.