China confirmed that it will impose 25 percent tariffs on an additional $16 billion worth of imports from the U.S. from Aug. 23, matching an earlier move from Washington in another ratchet higher for the trade war between the two nations. SEE MORE Vietnam’s economy grew at a fast pace in the first half of 2018 compared to the previous years, but there are indications that it is losing momentum – a problem not only in the last half of the year but also in 2019 and 2020. SEE MORE Việt Nam’s gross domestic product (GDP) is expected to grow 6.83 per cent in 2018, almost unchanged from 6.8 per cent over the same period last year. SEE MORE As the exchange rate between USD and Vietnamese dong has surged in the past two months, exporters are eager for extra profits they can earn for each batch of goods. However, importers will have to pay more for their goods. SEE MORE The trade tensions between China and the US may not be as harmful as they may sound, at least for countries that are not targeted by the conflict and the punishments imposed within it. VIR’s Trang Nguyen asked economists and bankers to analyse the impact of the trade war on Vietnam and how the country and its businesses can leverage the opportunities that it may bring. SEE MORE