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The State Bank of Vietnam is gradually adjusting its central exchange rate and accepting a controlled depreciation of the dong to absorb external shocks and protect reserves. Sharp currency moves in the first half of 2025 raised financing costs for importers and firms with foreign-currency loans, cutting profits across several sectors.
Pressure is expected to persist in the second half of the year.
A weaker dong raises the local cost of dollar-priced feed and ingredient imports for Vietnamese buyers, which tends to squeeze margins and can dampen import demand.
vietnamnews.vnJul 30, 2025Not enough comparable past events yet for a historical read.
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.
