After Mr. Trump's new statement, Vietnamese textile stocks skyrocketed.

(Dan Tri) - Immediately after President Trump's statement, textile stocks broke out strongly and simultaneously hit the ceiling in today's session.

At the end of the trading session on May 26, VN-Index increased by 18.05 points, equivalent to 1.37%, to 1,332 points. VN30-Index also increased strongly by 14.45 points; HNX-Index increased by 3.09 points; UPCoM-Index increased by 1.18 points.

Notably, in this afternoon's trading session, a series of textile and garment stocks increased by the full margin, such as TCM and MSH both increased by 6.9%, HTG increased by 7%, TNG increased by 9.5%, VGT increased by 14.7% and GIL increased by 6.8%.

In addition, other textile stocks also had positive growth momentum in today's trading session, such as M10, STK, ADS, VGG, HDM...

This positive momentum was recorded after the statement of US President Donald Trump. Specifically, President Trump said he agreed with the comment on April 29 by US Treasury Secretary Scott Bessent, that the US does not necessarily need "a booming textile industry".

“We’re not looking to make sneakers and T-shirts. We want to make military equipment, big things like AI and computers,” Trump said.

US President Donald Trump (Photo: Reuters).

The US president then explained that textile products like shirts and socks can be made very well elsewhere, while the US is aiming to "make chips and computers and things like tanks and ships."

According to statistics from the Customs Department, in the first quarter of this year, the US was the largest buyer of Vietnamese textiles and garments, accounting for 43.6% of the market share, with a turnover of 3.78 billion USD, an increase of more than 15% over the same period last year. Japan ranked second with more than 1.07 billion USD. South Korea was the third largest market with 827.5 million USD.

In the whole market, the total value of matched transactions reached more than 21,300 billion VND. Green dominated the board with 229 stocks increasing in price, of which 24 stocks hit the ceiling; 44 stocks stood at the reference price and 72 stocks decreased in price.

The duo VHM and VIC continue to be among the stocks that positively affect the index. Besides that are LPB, HDB, GEX, TCB...

VHM is the stock that foreign investors bought the most with a value of more than 150 billion VND, followed by VSC, DIG, IMP, KBC, GVR... On the contrary, foreign investors sold strongly stocks such as VIX, VCG, GEX, HPG, FPT ...

Source: https://dantri.com.vn/kinh-doanh/sau-tuyen-bo-moi-cua-ong-trump-co-phieu-nganh-det-may-viet-tang-bung-noc-20250526153536696.htm