Dollar surges against dong

Vietcombank sold the greenback at VND25,825, a 0.25% jump from the weekend. The currency slipped 0.04% to VND25,900 on the black market.

The State Bank of Vietnam hiked its reference rate by 0.07% to VND24,831.

Globally, the dollar drifted just below a three-week high versus major peers on Monday as traders cautiously awaited clarity on U.S. President Donald Trump's next round of tariffs, Reuters reported.

The U.S. dollar index, which measures the currency against a basket of six counterparts, was flat at 104.03 after touching 104.22 on Friday for the first time since March 7. Last week, the index rose 0.4%, its first winning week this month.

The dollar has been under pressure for most of this year as the market's assumptions that Trump would quickly usher in pro-growth policies transformed into worries that the president's aggressive and erratic trade policies could trigger a recession.

The euro rose slightly following three straight sessions of declines, while the yen edged lower against the greenback, pressured by a rise in U.S. Treasury yields.

The dollar gained 0.3% to 149.77 yen. The euro advanced 0.24% to $1.0836, climbing off Friday's nearly three-week trough of $1.0795. Sterling rose 0.15% to $1.2934.

The next round of tariffs is due on April 2, when the White House will announce reciprocal levies on many countries.