# Vietnam Dong, among most stable in Asia this year: experts | VOV.VN

> Vietnam's dong has been among the most stable currencies in Asia in 2017, weakening about 1% against the US dollar year to date. Remittances, which reached US$13.4 billion in 2016, and foreign direct investment inflows, which totaled US$28.24 billion in the first ten months, have supported dollar supply. The State Bank of Vietnam has said its reserves allow it to stabilize the money market when needed.

- Date: 2017-11-01 · published 2017-11-01T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/68267-vietnam-dong-among-most-stable-in-asia-this-year-experts-vov-vn
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Steady currency conditions and ample dollar supply keep Vietnamese feed importers' USD costs predictable, with no clear upward pressure on prices.

## Read by commodity

- USDVND: neutral

## Sources

- english.vov.vn: https://english.vov.vn/en/economy/vietnam-dong-among-most-stable-in-asia-this-year-experts-361540.vov

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