# Foreign exchange market sentiment remains cautious.

> The State Bank of Vietnam set the central rate at 24,960 VND per dollar, while commercial banks traded within a wide band. The USD/VND rate rose 1.6% in April and 2% year to date. Investors are awaiting the outcome of tariff negotiations between Vietnam and the United States.

- Date: 2025-05-18 · published 2025-05-18T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/24991-foreign-exchange-market-sentiment-remains-cautious
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Dong volatility raises import costs for dollar-priced feed ingredients and adds risk to Vietnamese feed buyers' pricing. Pending US tariff talks could alter trade flows and currency pressure.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vietnam.vn: https://www.vietnam.vn/en/tam-ly-thi-truong-ngoai-hoi-van-than-trong

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