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Vietnam Stocks Surge Most Since 2001 After Tariff Reprieve.
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- Author(s): Giang, Nguyen Kieu
- Source:
Bloomberg.com; 4/9/2025, pN.PAG-N.PAG, 1p
- Subject Terms:
- Additional Information
- Subject Terms:
- Subject Terms:
- Abstract:
Vietnam's stocks experienced a significant surge following US President Donald Trump's decision to pause most reciprocal tariffs, leading to a 6.6% increase in the VN Index, the highest since October 2001. The Bank for Foreign Trade of Vietnam and Bank for Investment and Development of Vietnam were key contributors to this growth. This development is seen as a positive trigger for the stock market, providing a substantial reprieve for Vietnam after facing high tariff rates from the US. [Extracted from the article]
- Abstract:
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