Tariffs on $156bn of Chinese goods will be imposed if a trade deal is not finalised by December, Steve Mnuchin says.

Vietnam needs to remain cautious over trading with the US as with the risk of being named as currency manipulator by the latter has not faded away, according to economist Le Dang Doanh. 

With solid growth in shipments, the plastics industry will surely meet its full-year export target of US$3.2 billion, according to the Vietnam Plastics Association.

Trade tensions between the US and China are driving increased real estate investor interest in Southeast Asian countries, with Vietnam’s industrial sector a key focal point, according to JLL Vietnam.

The Asian Development Bank (ADB) has revised down its forecast on economic growth in Southeast Asia to 4.5 percent compared with a previous forecast of 4.8 percent and from last year's 5.1 percent pace.

Vietnam is now in a position to attract even more investors and promote mutual prosperity with the US, despite the uncertainties caused by the US-China trade conflict, a US official said at a trade forum last week.

Vietnam’s fiscal deficit, including principal repayments, would come in at 6.6 percent of GDP this year and next year, up from 5.9 percent in 2018, Fitch Solutions Macro Research forecast.

Many Vietnamese enterprises are keeping a close eye on the escalating US-China trade war and have said the challenges from it outnumber the opportunities for them.

The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Vietnam’s yarn industry, according to Vietnam Textile and Apparel Association (VITAS).

The flow of foreign direct investment (FDI) is seeking a safe haven as the Sino-American trade war has yet to show a sign of ending.

Vietnam’s apparel industry will be a key beneficiary from the ongoing US-China trade war and the subsequent diversification strategies of US retailers, a research entity of Fitch Group has forecast.

China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase.

The move would lift the ambitions of a nation already well on its way to becoming a powerhouse maker of smartphones and other high-end gadgets.

Asia-Pacific businesses benefiting from shift in manufacturing from US-China trade war, according to Grant Thornton study.

Sharp Corporation announced plans to remove its facility from China to Vietnam in order to avoid the impacts of the US-China trade war.

The prices of seafood and fruits imported from the US into Vietnam have drastically decreased due to a US-China trade war.

Vietnam has a trade surplus of $20 billion a year with the US, while the current account surplus is over 2 percent of GDP per annum.

In general, Vietnam reaped no rewards from the trade war and is facing obstacles in shipments to several markets.

Vietnam’s exports to the United States have recently soared, bringing about opportunities to both gain more market shares in the states and potential risks.

In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.