The State Bank of Vietnam set the central rate at VND 25,097 per US dollar, up slightly by 2 dong or 0.01 percent from the previous day.
The black market rate was unchanged, with the mid-market at VND 27,805, maintaining a spread of 10.79 percent over the official rate.
On global platforms, Google Finance quoted the mid-market rate at VND 26,323 per US dollar, up 3 dong from November 4.
How Low Can the Vietnamese Dong Go? Why It’s Sliding & What Might Happen Next
Vietnam exchange rates, 5 November 2025
| 5 Nov | 4 Nov | Change | % | |
| Black Market: Mid-market | 27,805 | 27,805 | 0 | 0.00% |
| SBV: Central Exchange Rate | 25,097 | 25,095 | 2 | 0.01% |
| Google Finance: Mid Market Rate | 26,323 | 26,320 | 3 | 0.01% |
| Black Market: Buy | 27,770 | 27,770 | 0 | 0.00% |
| Black Market: Sell | 27,840 | 27,840 | 0 | 0.00% |
| Spread: SBV / Black Market MM | 2,708 | 2,710 | -2 | -% |
| Spread: SBV / Black Market MM | 10.79% | 10.80% | – | – |
Open market operations
N/A at time of publication.
Vietnam open market operations, 5 November 2025
N/A at time of publication.
Interbank interest rates
Vietnam’s interbank rates rose sharply on November 5, 2025, particularly at the short end of the curve.
The overnight rate surged 1.16 percentage points to 5.61 percent, while the one-week rate climbed 0.87 points to 5.85 percent, indicating tighter liquidity conditions in the banking system.
Two-week and three-month tenors saw modest increases to 5.59 and 6.01 percent respectively, while the one-month rate eased 0.32 points to 5.17 percent.
Longer tenors of six and nine months remained steady at 5.35 and 5.10 percent.
Vietnam interbank interest rates, 5 November 2025
| 5 Nov | 4 Nov | Change | |
| Overnight | 5.61 | 4.45 | 1.16 |
| 1 Week | 5.85 | 4.98 | 0.87 |
| 2 Weeks | 5.59 | 5.27 | 0.32 |
| 1 Month | 5.17 | 5.49 | -0.32 |
| 3 Months | 6.01 | 5.98 | 0.03 |
| 6 Months | 5.35 | 5.35 | 0.00 |
| 9 Months | 5.10 | 5.10 | 0.00 |
Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.