The recent announcement that the US government has launched an investigation into Vietnam around alleged currency manipulation in order to boost exports certainly raised some eyebrows. But in his latest note, Michael Kokalari, VinaCapital’s Chief Economist, explains why he believes there is very little risk that the US will impose meaningful tariffs on Vietnam.
VinaCapital has partnered with Visa, the world’s leader in digital payments, and the Central Committee of Vietnam Students’ Association (CCVSA) to provide financial management skills to young people across the country.
Over the past week the emergence of community infection in Vietnam has been dominating domestic, and now international headlines. Vietnam’s effective measures to manage COVID-19 at the start of the outbreak in January enabled the country to record a remarkable 100-day stretch of no community transmission and zero deaths. The current resurgence will certainly be keenly followed, particularly as to how the local authorities and community responds to this outbreak.