Vietnam economy under Trump era

Trump leads with 277 electoral votes, widening the gap against his opponent, Kamala Harris, who holds 224 votes. Republican’s victory and implications to Vietnam include 1) Vietnam’s export sector would face challenges under the new President’s universal tariff policy, offsetting the fact that Vietnam could benefit from the FDI diversion, 2) the exchange rate burden as the greenback is strengthened. While some economic indicators could be weighed by the policies of the Republican or Trump era, we take a conservative stance when delving into the industry and stock picks.