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VCSC Daily - Blue-chips lead market lower but Vinhomes shines on debut - VPB, VHM

Vietnam Macro - Thought Piece: US - China trade war and its impacts on Vietnam. Trade tensions escalated. After signing a series of executive orders focusing on trade relations last year, the US continued to release several specific orders targeting goods of Chinese origin in 2018, in order to reduce the trade deficit with China (USD375bn in 2017, 46% of total US trade deficit). However, China fought back on every single US move.