The VN-Index slipped by 1% in June. Investor sentiment remained cautious in June due to several factors, including: 1) uncertainty ahead of trade talks between the US and China during the G20 Summit at the end of June, 2) US President Donald Trump’s threat to impose tariffs on Vietnam and 3) no change in MSCI’s classification of the Vietnamese equity market (Vietnam remains a frontier market and is not on MSCI’s watchlist for a potential upgrade to emerging market status).