Breakfast @ Tuoi Tre News - April 13

What you need to know today in Vietnam:

Politics

-- The 11th plenum of the 13th Party Central Committee wrapped up on Saturday with its members agreeing that the number of provincial-level administrative units after the ongoing merger will be 34, including 28 provinces and six centrally-governed cities.

Society

-- The Vietnamese Ministry of Public Security has dismantled a large-scale counterfeit milk powder operation that manufactured and distributed 573 fake products targeting diabetics, people with kidney failure, premature infants, and pregnant women.

-- Police in Quang Nam Province, central Vietnam have criminally detained the owner of a private kindergarten for acts of child abuse.

Economy

-- The European Chamber of Commerce in Vietnam on Friday released the 2025 Whitebook, giving a series of proposals regarding visas, entry procedures, and value-added tax refunds, aiming to help make Vietnam a more attractive business environment for investors and tourists.

-- The administration in Hau Giang Province, southern Vietnam announced on Saturday that it had assigned the provincial Department of Culture, Sports, and Tourism to organize another auction for leasing a 200-passenger tourist boat, after four previous auctions failed to attract any individual or organization.

-- Vietnam currently has 5,459 individuals with a net worth of over US$10 million each, accounting for 0.2 percent of the total number of high-net-worth individuals worldwide, according to the Wealth Report 2025 by property consultancy Knight Frank. 

-- The VIC stock of Vietnam’s leading private conglomerate Vingroup has experienced two consecutive ceiling-hitting sessions, resulting in its chairman Pham Nhat Vuong’s net worth to surpass $8 billion for the first time. 

US Tariffs

-- Vietnamese Prime Minister Pham Minh Chinh on Saturday signed a decision to establish a government-level delegation to negotiate a reciprocal trade agreement with the U.S. led by Minister of Industry and Trade Nguyen Hong Dien.

-- President Donald Trump's administration granted exclusions from steep reciprocal tariffs to smartphones, computers and some other electronics imported largely from China, providing a big break to tech companies like Apple that rely on imported products, according to Reuters.

Travel

-- The Vietnam Military History Museum in Hanoi welcomed over 20,000 visitors on Saturday, the first day of ticketed entry.