# Not just about exchange rates: What is driving businesses to trade in Chinese yuan? · Stockbiz

> ACB is offering incentives of up to VND 30 per CNY on both buying and selling through December 31, 2026, to attract businesses trading yuan. Customs data show Vietnam-China bilateral trade reached USD 253.1 billion in the first nine months of 2026, up 37.6% year on year.

- Date: 2026-11-01 · published 2026-11-02T03:11:02.690Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/74714-not-just-about-exchange-rates-what-is-driving-businesses-to-trade-in-chinese
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Strong Vietnam-China trade growth supports demand for imported agricultural goods, but the article centers on currency settlement and banking, so the direct effect on feed prices is small.

## Sources

- stockbiz.vn: https://stockbiz.vn/en/news/not-just-about-exchange-rates-what-is-driving-businesses-to-trade-in-chinese-yuan/42574458

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