# Prolonged strengthening of dollar could cause import of inflation into Vietnam - VnExpress International

> Analysts warn that the dong's depreciation against the dollar is raising import costs and could fuel inflation in Vietnam. Consumers report higher prices for imported goods, seafood and airfares, and the seafood importer says freight costs have also risen.

- Date: 2024-03-23 · published 2024-03-23T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31512-prolonged-strengthening-of-dollar-could-cause-import-of-inflation-into-vietnam
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Persistent dollar strength raises Vietnam's import costs for feed and food ingredients, and higher freight adds to landed costs, but the effect on global feed commodity prices is limited.

## Read by commodity

- USDVND: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/economy/prolonged-strengthening-of-dollar-could-cause-import-of-inflation-into-vietnam-4725399.html

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