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Vietnam Stocks Drop as Tariff Panic Continues to Grip Market.

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  • Additional Information
    • Subject Terms:
      UNITED States; VIETNAM
    • Subject Terms:
      TRUMP, Donald, 1946-
    • Abstract:
      Vietnam's stocks experienced a significant drop following concerns over US tariffs, with the benchmark VN Index falling by 6.3% to its lowest level since January 2024. The market was affected by margin-forced selling and fears of a 46% tariff imposed by US President Donald Trump. Vietnam's Party Chief offered to remove all tariffs on US imports, but concerns remain about the impact on the country's growth and investment outlook. Global funds have been selling Vietnamese shares for nine consecutive weeks, leading to significant outflows. Additionally, Vietnam's steel stocks declined after news of potential anti-dumping duties on galvanized steel products. [Extracted from the article]
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