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Vietnamese dong interest rates are settling at a higher level after a volatile 2025, and analysts expect limited room for rate cuts in 2026. UOB expects the State Bank of Vietnam to hold its refinancing rate at 4.5%, while deposit rates may rise 0.5-1 percentage point as credit demand outpaces money supply growth.
Higher dong borrowing costs raise financing costs for feed mills and livestock producers, which can slow expansion and weigh on feed demand in Vietnam.
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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.