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Vietnam Braces for Trade Volatility Amid Trump's Presidency

  • Vietnam, a major exporter to the US, faces trade volatility with Trump's presidency.
  • The Southeast Asian country had a $90 billion trade surplus with the US as of September.
  • Vietnam could benefit from increased US-China trade tensions but may also become 'collateral damage' of US protectionist measures.
  • The large trade surplus could be reduced with the purchase of big-ticket items from the US, such as LNG and military transport.
  • The Trump Organization's recent partnership with a Vietnamese company to develop a $1.5 billion golf course and hotel project in Vietnam may also help.

Source: Reuters

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16d ago
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