Core Insights - Vietnam is adopting currency devaluation as a strategy to gain a competitive edge among Southeast Asian countries in response to U.S. President Trump's trade tariff policies [1] - The Vietnamese dong has been steadily guided to weaken, with the daily reference exchange rate against the U.S. dollar rising approximately 3.5% in 2025, marking the largest annual increase since 2011 [1] - Analysts predict further depreciation of the dong as the central bank maintains a weak currency stance, with a forecasted exchange rate of 27,000 VND to 1 USD by the end of 2025 [1] Currency Strategy - The State Bank of Vietnam is actively managing the exchange rate to enhance trade competitiveness in the U.S. market [1] - The dong is currently trading near historical lows reached in August, indicating ongoing pressure on the currency [1] - BMI's Asia-Pacific country risk director suggests that gradual devaluation will help Vietnam regain trade competitiveness in the U.S. market [1]
越南引导越南盾贬值以应对美国关税威胁 或创14年来最大年度跌幅
Xin Hua Cai Jing·2025-09-19 04:34