In the near term, the stock market is expected to remain volatile, as investors await official announcements on potential trade agreements between the United States and its partners. The uncertainty stems from the upcoming expiration of President Donald Trump’s 90-day pause on reciprocal tariffs, set to end on July 9. Unexpected June Despite the unsettling news surrounding the military conflict between Israel and Iran in early June, Vietnam’s stock market demonstrated remarkable resilience, remaining largely unaffected. Although there was a brief correction during the initial trading days of the month, the VN-Index gradually recovered in the latter half, ultimately closing June with a 3.3% gain—its highest level in more than three years, at 1,376 points. Global financial markets, shaken by the turmoil following Israel’s surprise attack on Iran, also rebounded swiftly after the two nations reached a ceasefire agreement. For example, U.S. markets responded with strength: the S&P 500 and Nasdaq Composite surged by nearly 5% and over 6% respectively, both setting new record highs. Meanwhile, the Dow Jones Industrial Average posted a gain of more than 4% over the same period. Notably, MSCI’s decision on June 24 not to include Vietnam in its watchlist for a status upgrade had […]
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