The World Bank said that to maintain rapid growth and achieve its ambitious development goal, Vietnam must deepen the sweeping institutional reforms that are underway, strengthen the legal and regulatory environment, and improve both the scale and quality of public investment.

China said on Monday (Jun 2) it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up.

China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two nations last month, which paused their blistering tariff war.

Many experts believe that in order to sustainably stabilise the domestic gold market, it is necessary to realise the requirement of eliminating the monopoly of gold bars, as directed recently by the General Secretary Tô Lâm.

New orders continued to fall in May as US tariffs reportedly impacted demand for exports, according to the S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) released on Monday.

Minister of Agriculture and Environment emphasized that Vietnam and the US have agricultural strengths that complement rather than compete with each other.

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a U.S. trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.

President Donald Trump's global tariff assault may be slowed but won't be stopped by court rulings that may ultimately force a shift to other legal authorities for his campaign to pressure countries into trade concessions, trade and legal experts say.

Exporters are racing to finalise shipments before elevated tariffs imposed by the United States snap back into effect, triggering a flurry of short term logistical manoeuvres and long-term strategic shifts.

The European Union (EU) has announced plans to dispatch an inspection delegation to Vietnam in mid-June to assess the country's pesticide control measures in key agricultural export products, including durian, dragon fruit and chilli.