The US and Vietnam are reportedly close to reaching a framework trade agreement, and the Vietnam ETF fell over 2% during intraday trading
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The U.S. and Vietnamese governments are close to reaching a framework trade agreement, and the VanEck Vietnam ETF (VNM) has fallen more than 2% in the U.S. stock market. The ETF opened nearly 2% lower on Friday, maintaining around $13.06 during the day, and ultimately closed down over 2.5%, marking its lowest closing price since May 19. Sources revealed that Vietnam hopes the U.S. will set tariffs between 20% and 25% and strengthen enforcement against the transshipment of Chinese goods
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