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Henig: LNG, aircraft, agriculture contracts with US must be done in May: PM
April 29, 2025 - 17:00
Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. HÀ NỘI —
Prime Minister Phạm Minh Chính on Tuesday chaired a meeting in Hà Nội with ministries and relevant agencies to review preparations for bilateral trade negotiations with the United States.
This was the sixth cabinet meeting regarding the implementation of conclusions and directives issued by the Party Central Committee, the Politburo, and General Secretary Tô Lâm on adapting to the US’ new tariff policies, in which Việt Nam is subject to a 46 per cent rate.
PM Chính stated that Việt Nam had recently implemented a wide range of active and coordinated measures. Ministries and sectors have engaged with the highest sense of responsibility. The results so far are heading in a positive direction, yet the situation remains complex, requiring agencies to closely monitor developments, respond promptly and effectively, and address issues within their jurisdiction in a proactive, practical, and feasible manner.
Vietnamese agencies have been making great efforts to address issues related to the origin of goods, non-tariff barriers, intellectual property, copyright, and administrative procedure reduction.
PM Chính has instructed ministries and sectors to be proactive in working with the US, clearly explaining the issues of US concern that Việt Nam has been addressing.
He urged the swift negotiation and signing, by May 2025, of contracts for the purchase and import of goods from the United States, such as LNG, aircraft, pharmaceuticals, medical equipment, and agricultural products, to ensure a sustainable trade balance.
PM Chính emphasised that negotiations must be conducted with calmness, determination, and great flexibility – avoiding either perfectionism or haste – while safeguarding national sovereignty, security, and interests.
The negotiations must also honour Việt Nam’s international commitments, ensuring no one objective is pursued at the expense of another party or country, and adhering to the principle of “harmonised interests, shared risks”.
He requested Vietnamese agencies to engage in dialogue with the US so that both sides could reduce tariffs on each other’s goods to mutually appropriate levels. He also called on the US to soon recognise Việt Nam as a market economy and lift restrictions on the export of high-tech goods.
These measures would contribute to trade balance and technology transfer, while reflecting US’s support for a strong, independent, self-reliant, and prosperous Việt Nam. Việt Nam will continue to revise its legal framework to address US’ concerns, while ensuring sovereignty, fulfilling international commitments, and maintaining compatibility with the legal systems of both countries.
The Government leader noted that Việt Nam had recently focused on amending numerous laws. At the upcoming ninth session of the National Assembly, the Government will submit proposals to amend laws related to intellectual property, copyright protection, and administrative procedure reform to better reflect the current context.
Việt Nam is also working closely with ASEAN and regional partners to conduct negotiations in a manner that ensures harmonised interests and a sustainable, balanced trade relationship, in line with the ASEAN–US Comprehensive Strategic Partnership. PM Chính instructed each relevant ministry and agency to develop specific negotiation plans, and tasked the Ministry of Industry and Trade with consolidating and finalising these plans by April 30. — VNS LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: ..."the country's massive financial reserves are one of the main reasons behind the improvement in the value of the Iraqi dinar against the dollar. We expect the dinar's value to continue to improve in the coming period." That' kind of a heads up without saying, 'Hey, we're revaluing our currency!' But they did say we expect the dinar's value to continue to improve in the coming period...
Boots-On-The-Ground Guru Maxis I am in Baghdad (Green Zone). A few of my guys [Iraqi employees] have [bank] accounts but they have not deposited their large notes until they are sure about the new lower notes and a revaluation. There are no consequences if they don’t [make a deposit]. The GOI has offered bonds but they are weary of these. They do expect a revaluation but all it will mean to them is cheaper prices on goods and services. Yes they are [excited about purchasing power] but they are getting frustrated about the delays.
When Trump is Finished, Federal Reserve will be Insignificant, Long Live Gold and Bitcoin
X22 Report (with Bob Kudla): 4-29-2025
Bob begins the conversation talking about how Germany is going to block out the sun, which means solar power will not work they way they said it will to power the country.
Gold and Bitcoin are making moves as the fiat currency implodes on itself.
Oil is going to come down to counter the tariff temp price increase, but when the temp price increase is gone because companies are paying for it people are going to see prices come down.
In the end the Federal Reserve will be insignificant.
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The Quiet Coup: BIS Just Rewrote The Global Monetary Rules With One Gold Ruling | Andy Schectman
Two dollars investing: 4-30-2025
In a move that went unnoticed by nearly everyone, the Bank for International Settlements (BIS) quietly reclassified gold—forever altering the structure of the global financial system.
Andy Schectman breaks down how this one ruling reshaped the balance of monetary power, signaled a silent collapse of confidence in fiat, and exposed the coming gold-backed shift few are prepared for.
Discover why central banks are hoarding gold, what this means for the U.S. dollar, and how the BIS may have just staged the greatest monetary coup of our lifetime.