The Vietnamese central bank stated that it is ready to intervene at any time to stabilize the Vietnamese dong exchange rate.

The State Bank of Vietnam has stated that it is prepared to intervene at any time to ensure stability in the foreign exchange market, and has pledged to control inflation and improve liquidity issues facing the banking system. Pham Chi Quang, the head of monetary policy at the State Bank of Vietnam, declared at a quarterly press conference held in Hanoi that the Vietnamese dong is under pressure from "the complex and ever-changing global situation and domestic challenges." "In this context, the central bank is flexibly managing the exchange rate of the Vietnamese dong to help absorb external shocks, while coordinating other monetary policies to stabilize the domestic and international foreign exchange markets," he said. So far this year, the Vietnamese dong has remained relatively stable against the US dollar, but the State Bank of Vietnam has noted capital outflows, particularly due to individuals buying gold as a hedge against exchange rate losses and inflation.