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HSBC says Vietnam is well placed to absorb external shocks from Covid-19, citing a record 2019 balance-of-payments surplus of US$23 billion, or 9% of GDP. The bank expects this to give the central bank room to cut interest rates to support growth.
Stronger external buffers support the dong and Vietnamese import capacity, which sustains feed demand, though the effect on global feed prices is limited.
hanoitimes.vnN Ngoc ThuyMay 18, 2020Not 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.
