# VND to weaken slightly for rest of 2019 :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> Fitch Solutions revised its 2019 average forecast for the Vietnamese dong to VND23,300 per USD from VND23,440, and expects only a slight weakening over the rest of the year. The forecast cites strong FDI inflows and supply-chain shifts away from China.

- Date: 2019-07-24 · published 2019-07-24T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/58392-vnd-to-weaken-slightly-for-rest-of-2019-content-tap-oan-hoa-chat-viet-nam
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A slightly weaker dong marginally raises the local cost of dollar-priced feed imports, but the expected move is small and gives little reason to change feed purchasing.

## Read by commodity

- USDVND: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/news-vnc/vietnam-faces-challenges-from-us-china-trade-conflict.html

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