According to S&P Global, Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) rose to 49.8 in May from 45.6 in April, remaining just below the 50-point threshold. The reading signals a near-return to stable operating conditions.

ASEAN is seeking to expand its membership in two key trade agreements - the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as part of efforts to strengthen regional economic integration.

President Donald Trump announced Friday that he would set tariffs on steel imported into the United States at 50%, double their current rate.

Commerce Secretary Howard Lutnick said Sunday that “tariffs are not going away” after a federal appeals court last week paused a block on many of the Trump administration’s sweeping tariffs.

Japanese Prime Minister Shigeru Ishiba is considering visiting Washington to meet President Donald Trump before a mid-month summit of the Group of Seven nations as he seeks a trade deal, the Yomiuri newspaper reported on Sunday.

Australia's steel and aluminum industry is bracing for the impact of the latest tariffs from the United States, just months after the administration of US President Donald Trump rolled out worldwide protectionist measures.

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.