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Asia Mostly Higher Following Vietnam Deal

Vietnamese stocks climbed to its highest in over three years as investors await details on the U.S.-Vietnam trade agreement that President Donald Trump announced Wednesday.

In Japan, the Nikkei 225 regained 23.42 points, or 0.1%, to 39,785.90.

In Hong Kong, the Hang Seng faltered 151.47 points, or 0.6%, to 24,069.94.

The U.S. is imposing a 20% tariff on goods imported from the Southeast Asian nation, while the latter will impose “ZERO Tariff,” Trump said on Truth Social. This comes as the deadline for Trump’s 90-day tariff reprieve draws closer.

The benchmark Vietnam Index rose 0.3% to its highest since April 2022, data from LSEG showed.

In other markets,

In Shanghai, the CSI 300 gained 24.39 points, or 0.6%, to 3,968.07

In Korea, the Kospi index regained 41.21 points, or 1.3%, to 3,116,27.

In Singapore, the Straits Times index took on 8.8 points, or 0.2%, to 4,019.57.

In Taiwan, the Taiex index vaulted 135.23 points, or 0.6%, to 22,712.97.

In New Zealand, the NZX 50 lost 79.81 points, or 0.6%, to 12,704.48

In Australia, the ASX 200 waned 1.91 points to 8,595.83.