# Vietnamese Dong Forecast | Is VND a Good Investment? | Capital.com

> The Vietnamese dong has weakened against the US dollar this year as the dollar rallied to 20-year highs, with the VND/USD rate at 0.00004190 on September 30. A trade surplus and State Bank of Vietnam intervention have supported the dong against the euro.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/39887-vietnamese-dong-forecast-is-vnd-a-good-investment-capital-com
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Continued dong weakness keeps Vietnamese import costs for dollar-denominated feed ingredients elevated, while the strong dollar broadly pressures commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDVND: bullish ▲

## Sources

- capital.com: https://capital.com/en-int/analysis/vietnamese-dong-forecast-vnd

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