
Analysts expect pressure on the dong in 2026 to come from several factors rather than one surge. The VND was Asia's third-worst performer in 2025, down 3.1% against the dollar.
UOB forecasts the dollar index at 98.2 in Q1 2026, falling to 95.7 by Q4.
A forecast decline in the dollar index tends to support dollar-priced agricultural commodities over time. The dong outlook itself has little direct bearing on global feed prices.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.