According to CNBC, US President Donald Trump announced that the US and Vietnam have reached a trade agreement, under which the US will impose a 20% tariff on goods imported from Vietnam and a 40% tariff on re-exported goods, Citi wrote in its report.Citi believes this agreement is broadly in line with market expectations. Previously, Trump had proposed a 46% reciprocal tariff on Vietnamese imports. In contrast, the US enjoys tariff-free access to the Vietnamese market. The broker estimated that the US might as well soon finalize tariff agreements with other ASEAN countries like Cambodia and Indonesia.Related NewsUBS: US-Vietnam Trade Deal May Raise TECHTRONIC IND (00669.HK) US Mkt ShrThe report also mentioned that this news would be most beneficial to TECHTRONIC IND (00669.HK) -2.750 (-3.106%) Short selling $34.26M; Ratio 5.000% as 65% of its revenue comes from the US, and nearly half of this year's US sales products are manufactured in Vietnam.Citi reiterated a Buy rating on TECHTRONIC IND, SHENZHOU INTL (02313.HK) -0.700 (-1.233%) Short selling $36.43M; Ratio 13.626% , STELLA HOLDINGS (01836.HK) +0.460 (+3.177%) Short selling $6.28M; Ratio 21.528% , and CRYSTAL INTL (02232.HK) -0.020 (-0.407%) Short selling $4.32M; Ratio 9.966% , and a Sell rating on CHERVON (02285.HK) -0.140 (-0.908%) Short selling $3.58M; Ratio 14.494% .(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)