The Ministry of Industry and Trade (MoIT)’s draft decree on the development and management of traditional markets and supermarkets is facing criticism as it imposes restrictions on retail businesses.

VN is committed to maintaining a stable environment to ensure the rights and interests of foreign businesses investing in the country, said Deputy Prime Minister Truong Hoa Binh at the 24th International Conference on the Future of Asia.

 Hau Giang Pharmaceutical Joint Stock Company (DHG) is gradually losing its share on the traditional OTC distribution channel, according to Viet Dragon Securities Company (VDSC).

 Nguyen Trong Tuan and Pham Nguyen Quoc Trung, the selected 12 year old ambassadors from Viet Nam have arrived in Moscow to participate in the Football for Friendship (F4F) Programme.

VietNamNet Bridge - The prosperity of the stock market in 2017 and the first months of 2018 has helped banks increase accumulated capital.   

 A total of 23,065 automobiles were sold in the domestic market in May, up 9 percent against the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA).

 The National Assembly passed a resolution approving the State budget balance in 2016 and another on the NA’s supervision programme for 2019 during its sitting in the morning of June 12. 

 The Cybersecurity Law was passed this morning of June 12 by the National Assembly, with 86.86% of NA deputies voting for the legislation.

Deputy PM Truong Hoa Binh expressed his delight at the strong development of the Vietnam-Japan extensive strategic partnership while meeting with Japanese Prime Minister Shinzo Abe and Speaker of the House of Representatives Tadamori Oshima.

 Three Lao nationals were caught red-handed trafficking 10 bricks of heroin, 31,000 meth pills, 2 kg of opium and four guns near the shared border with Vietnam on June 11.

 A recent graduation ceremony of Duy Tan University in Da Nang city saw a special postgraduate, an 85-year-old man, who got a master's degree in business administration.

 Seventy-five jockeys from ethnic groups gathered at the annual horse race festival in Bac Plateau in the northern mountainous province of Lao Cai during last weekends. 

 The 2018 national traditional rowing contest took place in Phan Thiet city of the central province of Binh Thuan. 

 The first-ever Thanh Ha litchi festival took place in the northern province of Hai Duong to promote the local specialty fruit.

 The Asia Pacific Foundation of Canada has published on its website an interview with Vietnam’s Prime Minister Nguyen Xuan Phuc at the conclusion of the 44th G7 summit held on June 8–9, 2018, in Quebec. 

 The National Assembly is slated to adopt two resolutions and three laws during its morning sitting on June 12, part of the on-going fifth session. 

Prime Minister Nguyen Xuan Phuc arrived in Hanoi on June 11, concluding his trip to Canada to attend the G7 Outreach Summit from June 8-10 and for a visit of Canada at the invitation of his Canadian counterpart Justine Trudeau. 

 Authorities in the central province of Thanh Hoa have allocated more money to further excavate Trieu Tuong Mausoleum site.

VietNamNet Bridge - A large part of capital is still going to non-priority sectors, including real estate.

VietNamNet Bridge - Though 4G is still in early development, experts say Vietnam should think of preparing for 5G soon.