UBS: Trump's 20% tariff on Vietnam is at the lower end of expectations.

UBS economist William Deng said in a research report that the 20% tariffs imposed by the United States on Vietnamese goods are at the lower end of expectations. Vietnam's decision to allow American goods to enter the country duty-free was "largely expected," as increased access for US products in technology and energy sectors should benefit Vietnam's economic growth. The details of the trade agreement are crucial in determining the economic impact on Vietnam, especially regarding the transit of goods, which will face a 40% tariff. A key observation point in the future will be whether there are further details on opening the financial market to American and international capital.