Breakfast @ Tuoi Tre News - August 2

Check out the latest news in Vietnam today:

Economy

-- Vietnam's Ministry of Industry and Trade confirmed that the United States has reduced its retaliatory tariff on Vietnamese goods from 46 percent to 20 percent, following an executive order signed by President Donald Trump.

-- Vietnam and Singapore have jointly launched a bilateral B2B e-commerce platform, Vietnamsgp.arobid.com, aiming to create a comprehensive digital ecosystem that promotes global trade between businesses in both countries.

Society

-- Much of Vietnam is experiencing dry and hot weather on Saturday, with intense heat expected to persist in many regions. Thunderstorms are likely in the late afternoon, according to the National Center for Hydro-Meteorological Forecasting.

-- At least nine people were confirmed dead and one remains missing following days of torrential rain and landslides in Dien Bien Province, northern Vietnam, with extensive damage to homes, infrastructure, and roads, authorities confirmed on Friday evening.

-- A 16-year-old boy drowned while swimming with friends in the Huong River in Hue City on Friday afternoon, despite efforts by rescue teams to save him.

-- Eight members of two Vietnamese families were hospitalized in Hanoi late last month after suffering from ciguatera poisoning, a type of seafood toxin linked to reef fish, following seafood meals during a vacation and at home, according to Bach Mai Hospital’s Poison Control Center.

-- The Pasteur Institute in Ho Chi Minh City signed a memorandum of understanding with Japan’s Nagasaki University on Friday, marking the beginning of a bilateral partnership in scientific research, training, and epidemic prevention.

Travel

-- Da Nang marked a major tourism milestone on Friday as it celebrated its one millionth South Korean visitor this year, highlighting more than a decade of strong tourism ties between the central Vietnamese city and its largest international market.

-- An Australian tourist whose daughter lost a diamond ring while swimming at a beach in Da Nang had it returned thanks to the efforts of local beach management staff, the Son Tra Peninsula and Da Nang tourist beaches management board confirmed on Friday.

World News

-- U.S. President Donald Trump's latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling on Friday and countries and companies scrambling to seek ways to strike better deals, Reuters reported.