Vietnam

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence. What...

President Donald Trump signed his sweeping tax and spending package into law on Friday after it narrowly passed both houses of Congress last week. The signing keeps his second-term agenda alive and sets the stage for big shifts in corporate taxes, consumer spending, and tech-sector investments....

President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States.  What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...

President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs. What Happened: In exchange, Vietnam will grant...

U.S. stock futures were slightly higher on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher. The stocks were higher following President Donald Trump‘s announcement of a deal with Vietnam on Thursday in A Truth Social post. The Nasdaq and New...

Economist Peter Schiff is calling out President Donald Trump’s newly announced trade deal with Vietnam, warning that American consumers are likely to bear the brunt of the agreement. What Happened: On Thursday, in a post on X, Schiff criticized the deal, saying that it gives Vietnamese...

In the ongoing tariff negotiations, the United States is reportedly urging Vietnam to reduce its reliance on Chinese technology in the production of devices that are later exported to the U.S. What Happened: The U.S. is pressuring Vietnam to decrease its use of Chinese technology in the production...

Amid the ongoing U.S.-China trade war, Chinese President Xi Jinping has embarked on a diplomatic tour of Southeast Asia, advocating for free trade and unity against “unilateral bullying.” What Happened: Xi Jinping reached Vietnam on Monday, marking the beginning of his diplomatic tour...

Amazon.com, Inc. (NASDAQ:AMZN) has reportedly pulled back on importing a wide range of consumer goods from Asia, leaving vendors stuck with unsold inventory and mounting costs. What Happened: Amazon has abruptly canceled purchase orders for products made in China, Vietnam, and other Asian countries...

The U.S. and Vietnam have launched trade negotiations after President Donald Trump paused the implementation of a 46% tariff on Vietnam’s exports, a move that could bolster the country’s growing tech manufacturing sector. What Happened: On Thursday, the Vietnamese government announced...

Shares of clothing and footwear retailers are climbing on Friday after President Donald Trump revealed that Vietnam is interested in negotiations to reduce tariffs.  The Details: President Trump said in a post on Truth Social that he had a "very productive call" with To Lam, General Secretary of...

Analysts weigh in on the impact newly imposed reciprocal tariffs by President Donald Trump on other countries and the effect it could have on Apple Inc (NASDAQ:AAPL) and its products, such as the iPhone. The Apple Analysts: Rosenblatt analyst Barton Crockett maintained a Buy rating on Apple with a...

The Trump Organization is investing $1.5 billion in a high-end golf course and urban complex project in northern Vietnam, slated for completion in March 2027. What Happened: The project is located in the Hung Yen province and is expected to be ready in time for the APEC Economic Leaders' Meeting in...

Vietnam’s government has approved Elon Musk‘s SpaceX for the trial launch of its Starlink satellite internet service in the country. What Happened: The Vietnamese government has permitted SpaceX’s Starlink to operate on a trial basis until the end of 2030. The government’s...

Vietnam’s Prime Minister, Pham Minh Chinh, has committed to fast-tracking the licensing process for Tesla (NASDAQ:TSLA) and SpaceX CEO, Elon Musk‘s Starlink under a pilot scheme. What Happened: During a meeting with nearly 40 U.S. businesses in Hanoi, Chinh called on the Ministry of...