# Shinhan Bank predicts stronger VND by year-end

> Shinhan Bank expects the US dollar to rise against the Vietnamese dong early in the second half of 2022 before falling back toward year-end, to around VND23,000. The bank's H2 outlook cites FDI inflows, domestic demand and tourism recovery, while noting slowing external demand and a possible link to yuan weakness.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/40772-shinhan-bank-predicts-stronger-vnd-by-year-end
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A firmer dong would lower the local cost of imported feed ingredients such as corn and soymeal priced in dollars, though the forecast is a bank view rather than a confirmed move.

## Read by commodity

- USDVND: bearish ▼

## Sources

- theinvestor.vn: https://theinvestor.vn/shinhan-bank-predicts-stronger-vnd-by-year-end-d1244.html

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