In recent days, shares of companies such as Nike Inc. and Lululemon Athletica Inc. have shown a significant increase following President Donald Trump's announcement regarding Vietnam's willingness to eliminate tariffs. This development has sparked considerable interest among analysts and investors, as it relates to critical shifts in global trade.

Market Situation

After a negative evolution in the stock market on Thursday, when shares of many apparel and footwear manufacturers dropped due to potential new tariffs, Friday marked a contrasting day. Vietnam’s decision to consider tariff elimination has positively surprised the market. The surge in stock prices has caught even the most dedicated analysts off guard. Below are companies that showed notable increases:

• Nike Inc.: Shares rose by 5.9%, recovering from previous declines.

• Lululemon Athletica Inc.: Increased by 4%.

• On Holding AG and Skechers USA Inc.: Each saw their stock prices rise by at least 8%.

This growth is a result of changes related to US and Vietnamese economic policies, as many manufacturers have moved their operations to Vietnam in recent years to avoid high taxes on products from China.

Causes of Instability

Discussions about imposing a 46% tax on goods from Vietnam earlier in the week led to a sharp decline in stock prices. Such a tax would deal a severe blow to companies that have already concentrated their manufacturing capabilities in Southeast Asia. Additionally, the consequences of these tax changes could affect dozens of companies and create more challenges for the economy.

Factors Influencing Stock Growth

• Tariff Elimination: Vietnam’s proposal for potential tariff removal became a key factor in the stock increase.

• Production Relocations: Companies have previously begun moving their production from China to Vietnam, which may now prove more beneficial.

• Investor Reactions: Positive news shifted investor sentiments, leading to increased stock purchases.

Future Prospects for Companies

Despite the recent fluctuations in the stock market, companies reliant on manufacturing operations in Vietnam can expect a more stable future. The overall economic landscape will continue to be closely monitored, as changes in tariff policy could significantly impact the situation.

The dynamics of stocks in companies operating in Vietnam remain highly sensitive to political and economic news. Following the developments will allow investors and analysts to better understand how potential changes will affect the global economy and stock markets. Staying updated with all news is essential, as these developments can significantly impact the stock market.