THE GLOBAL TRADE RESET WAS INEVITABLE

INVESTMENT STRATEGY

There has already been extensive analysis regarding the impact of US tariffs on global economic prospects as well as Vietnam’s long-term outlook, given the country’s high level of “exposure” to such developments.

However, the frequent “twists” in policy direction under the Trump administration have caused previous forecasts to be repeatedly revised. In light of these uncertainties and unpredictable developments, we believe that the current investment strategy should focus on simpler and less volatile themes.

Consistent with our previous updates, we continue to recommend a portfolio tilted toward fundamentally strong sectors, including banking, utilities, public investment-related plays, and high-dividend-yielding stocks.

(EN) GTJASVN Research_Strategic Report_May Update_The Global Trade Reset Was Inevitable_5.2025 en