Vietnam

Hội thảo Quốc tế về “50 năm thống nhất đất nước: Vai trò của ngoại giao”

Diplomatic Academy of Vietnam | Local Language | AcademicThink | May 2, 2025 | Geopolitical Conflict and Disputes

On April 23, 2025, the Ministry of Foreign Affairs in Hanoi hosted an International Conference celebrating 50 years of national reunification, focusing on China's role in peace-building through diplomacy. The event saw participation from over 500 delegates, including high-ranking officials, diplomats, scholars, and historical witnesses. Notable attendees included Politburo member and President Luong Cuong and Deputy Prime Minister Bui Thanh Son, who emphasized the importance of this milestone as representative of Vietnam's patriotism and diplomatic achievements.

During the conference, President Cuong highlighted the significant role of the April 30, 1975 Victory in shaping Vietnam’s future, underscoring the lessons learned about diplomacy's effectiveness in peace-building. The conference also referred to the 1969 Politburo Resolution which recognized diplomacy as a vital strategic tool. The event illustrated how Vietnamese diplomacy played a crucial part in transitioning from war towards economic growth and global integration, establishing relations with 194 countries and elevating its economic standing internationally.

Discussions highlighted the urgency of maintaining peace and preventing conflict in a world facing various challenges. Cuong urged for constructive contributions from Vietnam to global peace efforts, alongside gratitude expressed towards past leaders and international allies. Multiple speakers, including notable U.S. veterans and diplomats, recognized Vietnam's unique capacity to mediate and develop cooperative relationships, particularly in light of its historical collaborations with the United States and other nations.

Conclusion remarks by Deputy Prime Minister Bui Thanh Son emphasized ongoing commitment to an independent and diversified foreign policy. He reiterated Vietnam's role in addressing regional and global issues, aiming for continued peace, stability, and prosperity through diplomatic channels. The event was significant not only for reflecting on Vietnam’s historical journey but also for strategizing future diplomatic endeavors.

Trung Quốc: Hãng bay và Boeing đều thiệt hại vì thuế nhập khẩu

VN Express | Local Language | News | May 1, 2025 | UndeterminedTrade Issues and Numbers

China's Ministry of Commerce acknowledged the longstanding cooperation between China and the United States in civil aviation, which has fostered bilateral trade and personnel exchanges. However, a spokesperson highlighted that U.S. import tariffs have caused significant disruptions in the global industrial sector and the international air transport market, leading to substantial losses for Chinese airlines and Boeing.

As of April 19, several Boeing airplanes intended for delivery to Chinese customers had to return to Seattle due to the inability of customers to procure new aircraft, attributed to the tariffs. Boeing is now considering reselling numerous planes as a result. Previously, reports indicated that Beijing had instructed its airlines to halt all purchases of U.S. aircraft and components in retaliation for the 145% tariffs imposed on Chinese goods by the U.S.

Despite the trade tensions, there have been signs of concern from China regarding the effects of the trade war. Many businesses have reported that they have not yet faced the 125% tax on imports from the U.S. Additionally, officials have requested companies to identify essential goods for exemption from this tax. French manufacturer Safran recently received communication from Beijing regarding tariff exemptions for certain components, including engines and landing gear.

Hoạt động sản xuất của Trung Quốc thấp nhất gần 2 năm

VN Express | Local Language | News | May 1, 2025 | UndeterminedSupply Chain Issues

China's manufacturing Purchasing Managers' Index (PMI) fell to 49 in April, marking a contraction in activity for the first time since January and the lowest level since December 2023. According to the National Bureau of Statistics (NBS), the decline is attributed to a high base from March and a rapidly changing external environment. In March, the PMI was at its highest in over a year due to exporters accelerating deliveries ahead of anticipated US import tariffs.

The PMI drop comes as the US has imposed significant tariffs on Chinese goods, with rates reaching as high as 245% for certain products. In retaliation, China has applied a 125% tariff on US goods. The two nations are experiencing severely reduced trade flows, as evidenced by a sharp decrease in the number of container ships departing from China for the US. Although there are no current negotiations for a trade deal, both countries appear to be exploring ways to mitigate the economic fallout from the tariffs.

Nomura estimates that the US tariffs could affect approximately 2.2% of China's GDP and threaten about 9 million manufacturing jobs. In response, Chinese officials have expressed commitment to support impacted businesses and workers while aiming for a growth target of around 5% for the year. Furthermore, Dan Wang from Eurasia Group suggests that for China to counter the negative impact of the tariffs, it would need to significantly increase its fiscal stimulus to at least 2,000 billion yuan.