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USD to VND Converter & Vietnam Remittance Guide

Convert USD to VND at the live mid-market rate, then see how the State Bank of Vietnam's trading band and remittance rules affect what your recipient can do with the money. No signup.

USD
VND
1000 USD =25,994,937 VND
Rate1 USD = 25994.9368 VND
Sourcemid-market, 2026-09-21
Mid-market reference rate from a weekly snapshot; your provider's rate will be lower. Check a transfer quote's true cost · Open the converter →

Get the live USD → VND rate

Rates move every minute — open the converter above for the current mid-market USD/VND rate. What your recipient gets depends on the provider's margin and fees below, plus the daily band the State Bank of Vietnam sets around its own reference rate.

SBV's central rate and the ±5% trading band

The State Bank of Vietnam (SBV) publishes a daily USD/VND central (reference) rate — for example, SBV's own rate page has shown a central rate around 25,641 VND per dollar. Commercial banks don't set their buy/sell rates freely: under SBV Decision 1747/QĐ-NHNN, effective October 17, 2022, licensed banks may not quote a rate more than ±5% away from that day's central rate. So the USD/VND rate you see at a bank branch or transfer provider is always anchored to, and bounded by, SBV's published number for that day.

Practically, this means the mid-market rate shown in the converter above and the rate your provider actually offers can both move within that band without either side being "wrong" — SBV's central rate sets the reference point, and the band sets how far banks can move from it. It also means the dong is a managed float, not a currency SBV lets trade completely freely, and not a currency pegged to a single fixed number either.

Receiving in VND or USD, and Ho Chi Minh City's remittance flows

Vietnamese banks generally let a beneficiary choose how to receive an inbound transfer. Vietcombank, one of Vietnam's largest state-owned banks, states that for remittances received in foreign currency, a customer who wants VND instead will have it converted "at the daily announced buying exchange rate" — implying the recipient can also choose to keep the funds in the original foreign currency rather than convert automatically. Ask the specific receiving bank which options it supports for your transfer, since practice can vary by bank and by payout channel (bank deposit vs. cash pickup vs. mobile wallet).

Remittances into Vietnam are concentrated in a few major cities, and Ho Chi Minh City publishes some of the clearest local numbers. According to the State Bank of Vietnam's Southern Region 2 Branch, remittances channeled through credit institutions and economic organizations in Ho Chi Minh City reached more than US$10.34 billion in 2025, up 8.3% from about US$9.55 billion in 2024 — a record for the city and a sign of how large this specific corridor is relative to Vietnam's overall remittance total.

Providers that serve this route

12 providers' own websites list United States of America → Vietnam transfers (checked 2026-09-23). We don't rank them or quote their fees: prices change with amount, payment and payout method. Get each provider's quote, then compare what arrives.

ProviderRecipient gets it viaPay withSource
InstaremBank depositBank transferofficial page
OFXBank depositBank transferofficial page
PaysendCard, Bank depositDebit card, Apple/Google Pay, PayPalofficial page
RemitlyBank deposit, Cash pickup, Mobile walletBank transfer, Debit card, Credit card, Otherofficial page
Ria Money TransferBank deposit, Cash pickup, Mobile wallet, Home deliveryBank transfer, Debit card, Credit card, Cash, Apple/Google Pay, PayPalofficial page
SendwaveCash pickupDebit cardofficial page
Taptap SendHome delivery, Mobile wallet, Bank depositDebit card, In-appofficial page
Western UnionBank deposit, Cash pickup, Mobile wallet, Home deliveryBank transfer, Debit card, Credit card, Cashofficial page
WiseBank depositBank transfer, Debit card, Credit card, Apple/Google Pay, PayPalofficial page
WorldRemitBank deposit, Cash pickupBank transfer, Debit card, Credit cardofficial page
Xe Money TransferBank deposit, Cash pickup, Mobile walletBank transfer, Debit card, Credit cardofficial page
XoomBank deposit, Cash pickup, Mobile wallet, Home delivery, CardBank transfer, Debit card, Credit card, Apple/Google Pay, PayPalofficial page

Not offered on this route, per the provider's own site: TransferGo.

Compare quotes on this route · Vietnam money transfer guide · All providers

Always compare the total received in VND, not the headline fee — a "zero fee" transfer can hide a poor exchange rate.

Frequently Asked Questions

What is the live USD to VND rate?

Use the converter above for the current mid-market USD/VND rate. Your recipient's amount depends on the provider's margin and fee.

Cheapest way to send USD to Vietnam?

Get quotes from two or three providers and compare the total received for your exact amount.

Why is my rate worse than Google's?

Google shows the mid-market rate; providers add a margin and sometimes a fee. Compare the final amount across providers.

How to get the best USD–VND rate?

Compare a few providers, use first-transfer promos, focus on the margin not just the fee, and send larger amounts less often.

What is the SBV central rate and why does it matter?

The State Bank of Vietnam (SBV) publishes a daily USD/VND central rate, and under SBV Decision 1747/QĐ-NHNN (effective October 17, 2022) commercial banks may only trade within ±5% of that central rate. This band, not a single fixed number, is what keeps the VND you see quoted moving inside a defined range each day.

Can my recipient in Vietnam receive dollars instead of dong?

It depends on the bank and account. Vietcombank, one of Vietnam's largest state-owned banks, states that a beneficiary receiving a remittance in foreign currency can choose to keep it in that currency, and if they want VND instead, the bank applies its daily announced buying rate — so ask the receiving bank directly which options it offers.

How much in remittances does Ho Chi Minh City receive?

Remittances channeled through credit institutions and economic organizations in Ho Chi Minh City reached more than US$10.34 billion in 2025, up 8.3% from about US$9.55 billion in 2024, according to the State Bank of Vietnam's Southern Region 2 Branch.

Do I need a licensed bank to send money to Vietnam?

Money transfer operators route inbound remittances to Vietnam through licensed banks or their partner networks for final payout, whether the recipient gets a bank deposit, cash pickup or a mobile wallet credit — check the provider's page for exactly which banks it uses on this corridor.

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Sources

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