[Weekly Economic Bulletin – April 14, 2025]

Macroeconomic insights – Risk assessment – Asset allocation strategy powered by BeQ Holdings

“The market doesn’t reward those who chase the news, but those who connect the dots and act strategically.” – BeQ Insights

•  U.S. – China Trade War Heats Up Again

On April 10, U.S. President Donald Trump announced a sharp tariff hike on Chinese imports from 104% to 125%, while postponing counter-tariffs for 90 days on 75 other countries, including Vietnam, Singapore, Luxembourg, and the UAE.

Immediate market reaction: U.S. stock markets saw a historic wipeout of $5 trillion in value within just two sessions (April 3–4).

• Vietnam’s advantage: As one of the countries granted temporary tariff relief, Vietnamese export sectors like apparel, agriculture, and electronics may enjoy short-term breathing space.

1. Stock Market Rally: VN-Index Breaks Out After Policy Signals

VN-Index soared by 74+ points on April 14, with 98% of HoSE-listed stocks in the green.

Sectors leading the rally: Banking (VCB, CTG), Technology (FPT), Steel (HPG), Real Estate (NVL, KDH).

• BeQ’s insight: This is a technical rebound following weeks of downtrend. Investors should remain cautious as sustainability depends on underlying liquidity and earnings.

2. FX – Interest Rates – Gold: The Return of the “Risk Triangle”

USD exchange rate: Set at 24,923 VND/USD by the State Bank of Vietnam, while the parallel market climbed to 25,500 VND/USD.

Interbank interest rates: Slight uptick, suggesting short-term liquidity tightening.

Gold prices: Soared to a new high – buying at 103 million VND, selling at 106.5 million VND/tael, far surpassing global gold prices.

• Investor strategy: With inflation risk returning (especially from China), this is the ideal time to diversify portfolios into real assets, digital assets, and passive income-generating instruments.

 3. Commodities & Oil: Market Reactions to Geopolitical Risks

Brent Crude: Up 2.26%, hitting $64.59/barrel.

Copper Futures: Surged past $4.4/pound, rebounding from a 3-month low – an indicator of speculative capital inflow.

“When markets tremble, smart investors don’t retreat – they reallocate.”

• BeQ Investment Recommendations:

Wealth Farming: A robust passive income product delivering monthly USD returns – ideal for risk-averse investors.

Tokenized Real World Assets (RWA) & NFTs: A rising global trend offering inflation-resistant, on-chain opportunities.

Emerging Market Focus: Southeast Asia and the Middle East are benefiting from global supply chain reallocation and capital flows.

BeQ Holdings delivers accurate, real-time, and insightful financial analysis to support investors in building sustainable, high-growth portfolios.

• Website: BeQHoldings.com
• Hotline: +84 34 255 7068
• Email: contact@beqholdings.com