UBS economist William Deng said in a research report that the 20% tariff imposed by the US on Vietnamese goods is at the lower end of the expected range. Vietnam's decision to allow US goods to enter the country duty-free was “largely expected,” because more access to US products in fields such as technology and energy should benefit Vietnam's economic growth. The details of the trade agreement are critical to determine the economic impact on Vietnam, particularly on trans-shipped goods, which will face 40% tariffs. A key point of observation in the future is whether there are details on further opening up financial markets to US and international capital.

Zhitongcaijing · 4d ago
UBS economist William Deng said in a research report that the 20% tariff imposed by the US on Vietnamese goods is at the lower end of the expected range. Vietnam's decision to allow US goods to enter the country duty-free was “largely expected,” because more access to US products in fields such as technology and energy should benefit Vietnam's economic growth. The details of the trade agreement are critical to determine the economic impact on Vietnam, particularly on trans-shipped goods, which will face 40% tariffs. A key point of observation in the future is whether there are details on further opening up financial markets to US and international capital.