The United States Treasury and the State Bank of Vietnam agreed to continue close policy consultations, reaffirming under IMF rules that neither nation will manipulate exchange rates or the international monetary system for competitive advantage, according to a joint statement on Friday.

They also stressed that macroprudential tools, capital flow measures and sovereign investment activities must not be used to target currency levels, while FX intervention may be applied only to manage volatility and support macroeconomic stability.

The two sides highlighted the importance of transparency in exchange rate policy. Vietnam's central bank committed to publishing annual data on net FX purchases, reserves and forward positions in line with IMF standards starting in 2027.