Recent changes in US economic policy have triggered a sharp increase in the stock prices of Vietnamese companies. The optimism stemming from President Donald Trump's decision to suspend most response tariffs has significantly boosted Vietnam's stock market. As of Thursday morning, the VN Index, which tracks the country's stock market performance, soared by 6.6%, marking its highest level since October 2001.
A recent report by Citi has adjusted China’s GDP growth forecast for 2025 from an expected 4.7% to 4.2%. This significant revision is attributed to the growing influence of external risks, primarily increased trade tariffs, which are expected to dampen economic momentum. The report highlights that elevated tariffs could slow down China’s economic growth by at least 1.5 percentage points on an annual basis, with an additional impact of approximately 0.6 percentage points in 2025. Simultaneously, China’s domestic policy is anticipated to shift its focus toward boosting internal demand, potentially accompanied by a reduction in the central bank’s key interest rate.
The dynamics of the global market and changes in trade policies can significantly impact the production strategies of large corporations. HP Inc. $HPQ , a well-known manufacturer of computer equipment and printers, is considering relocating part of its manufacturing to the United States. This initiative was announced by CEO Enrique Lores in a recent interview with Bloomberg TV.
On Thursday, the Japanese yen significantly strengthened its position in the international currency market. This occurred against the backdrop of anticipated interest rate hikes in Japan, while other regions are experiencing rate cuts.
