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📉 Vietnam Stocks Plunge After Trump's Tariff Decree

According to Bloomberg, Vietnam is the most heavily affected in Asia by the new US import tax policy. The Vietnamese stock market has just witnessed a record sell-off, with the VN-Index losing 5.45%, marking the largest one-day drop since 2020.

The total trading volume is nearly 3 times the monthly average, reflecting the panic of investors. Strong selling pressure appeared across a wide range, from real estate, banking, securities to technology, retail..., no industry group escaped the impact.