Dollar returns to 7-day high against dong

Vietcombank sold the greenback 0.19% higher at VND26,060.

State Bank of Vietnam lowered its reference rate by 0.02% to VND24,893.

Globally the dollar looked set to notch a fourth straight weekly loss on Thursday as tariffs drive investors from U.S. assets, though it lifted off a seven-month low against the yen as U.S.-Japan trade talks have so far steered clear of any currency discussion, Reuters reported.

The dollar has taken a beating as the U.S. has threatened, imposed and then postponed massive tariffs, undermining investor confidence in U.S. economic growth and stability.

The 8% gain for the safe-haven Swiss franc since April 2 is the largest among G10 currencies and at 0.8151 per dollar it is testing strong resistance at a decade-high of 0.81.

The euro and yen are not far behind with gains of around 5% on the dollar in little more than two weeks.