# Despite a trade deficit exceeding $20 billion, why has the VND/USD exchange rate remained stable?

> Vietnam's dong has been resilient, with analysts noting that the USD/VND rate has stayed relatively stable despite the Fed hike and a trade deficit above $20 billion. The State Bank of Vietnam's flexible management and market preparation have helped contain pressure.

- Date: 2026-09-18 · published 2026-09-18T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/17761-despite-a-trade-deficit-exceeding-20-billion-why-has-the-vnd-usd-exchange-rate
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Stable exchange rates help Vietnamese importers plan purchases, but the story has no direct effect on global feed commodity supply or prices.

## Sources

- vietnam.vn: https://www.vietnam.vn/en/nhap-sieu-hon-20-ty-usd-vi-sao-ty-gia-vnd-usd-van-giu-duoc-on-dinh

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.