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Vietnamese Stocks Rally as Tariff Tensions Shift Elsewhere.

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    • Subject Terms:
      VIETNAM; UNITED States
    • Abstract:
      The article discusses the recent rally of Vietnam's stock market, which reached a three-year high amid shifting trade tensions and tariff announcements from the US. The VN Index increased by 1%, largely driven by the real estate firm Vinhomes JSC, as President Trump imposed higher tariffs on several Asian countries while maintaining a 20% tariff on Vietnamese exports. Analysts suggest that these developments may present an opportunity for Vietnam, as it benefits from manufacturers relocating production from China. The article highlights the positive outlook for Vietnam's economy and stock market, particularly in the textile and apparel sectors, as the country continues to strengthen its trade relationship with the US. [Extracted from the article]
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