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UOB Predicts Dong Weakening Amid Vietnam’s Economic Growth

3/14/2025

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Summary

Story summary

UOB forecasts the Vietnamese dong (VND) will weaken to 25,800 VND/USD in Q2 2025 and 26,000 VND/USD in Q3.
Vietnam's real GDP grew by 7.55% in Q4 2024, achieving an annual growth rate of 7.09%.
The National Assembly has set a 2025 growth target of at least 8%, highlighting the need for public investment.
Exports accounted for 90% of Vietnam's GDP in 2024, increasing vulnerability to trade disruptions.

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Story summary

UOB forecasts the Vietnamese dong (VND) will weaken to 25,800 VND/USD in Q2 2025 and 26,000 VND/USD in Q3.
Vietnam's real GDP grew by 7.55% in Q4 2024, achieving an annual growth rate of 7.09%.
The National Assembly has set a 2025 growth target of at least 8%, highlighting the need for public investment.
Exports accounted for 90% of Vietnam's GDP in 2024, increasing vulnerability to trade disruptions.