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Brokers say Vietnamese export sectors including seafood, chemicals, oil and gas, plastics, textiles, wood and tires will benefit from the rising USD/VND rate. The dong fell about 5.03% against the dollar in 2024.
MBS forecasts the rate will trade between 25,500 and 25,800 per dollar in Q1 2025.
A weaker dong supports Vietnamese seafood exporters, which can increase demand for fishmeal used in feed. The effect on global feed prices is modest.
theinvestor.vnHuu Bat, Minh HueJan 13, 2025Not enough comparable past events yet for a historical read.
Not 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.
