📌 Vietnam's Economy:
* An additional 4 Vietnamese agricultural products are officially exported to China: The new items include chili, passion fruit, raw bird's nest, clean bird's nest, and rice bran. This is the result of a protocol signed between Vietnam and China, opening up great opportunities for Vietnamese agricultural products to penetrate the billion-people market.
* Domestic gold prices approach 110 million VND per tael: SJC gold prices continue to rise sharply, setting new highs due to the influence of global gold prices and the demand for asset shelter from investors.
* The Prime Minister requests an early presentation of the proposal to develop the private economy to the Politburo: The private economy is identified as the most important driving force of the economy in the draft documents for the 14th Party Congress.
* The National Assembly is ready to consider support policies to cope with US taxes: National Assembly Chairman Tran Thanh Man stated that the National Assembly will quickly consider solutions to alleviate difficulties for businesses and citizens in light of the new US tax policy.
* The first commercial train arrives at Hai Phong port: The train named MSC MAKALU III from the Orchid service line of MSC shipping company has docked at TIL International Port in Hai Phong, marking a new development in logistics operations.
📌 Global Economy:
* The US raises tariffs up to 245% on Chinese goods: This is a response to recent retaliatory measures from Beijing, escalating trade tensions between the two largest economies in the world.
* China's GDP in the first quarter grows beyond expectations: The growth rate of 5.4% indicates a strong recovery of the Chinese economy amid escalating trade tensions with the US.
* Global gold prices continue to rise: Exceeding 3,260 USD/ounce due to increased demand for safe haven assets from investors and a weakening US dollar.
* WTO warns of 'significantly worsening' global trade outlook: The World Trade Organization has issued a warning about the negative impacts of new tariff measures, especially from the US.
* EU threatens to impose retaliatory tariffs on hundreds of US products: If trade negotiations with the US fail, the European Union is ready to impose corresponding retaliatory measures.
