Politics

☕ Afternoon briefing on June 11

The following is a brief review of the day’s events as reported by the Vietnam News Agency.

☕ Afternoon briefing on June 11

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency.

- The second phase of the ninth session of the 15th National Assembly (NA) started on June 11 with many important issues high on the agenda, including the reorganisation of provincial-level administrative units.

In the morning, lawmakers listened to a proposal and a verification report on the reorganisation of provincial-level administrative units in 2025. Read full story

- The new international financial centre will help turn Vietnam into an important financial gateway which is capable of welcoming international capital flows and taking advantage of opportunities from the trend of shifting global supply chains, Permanent Deputy Prime Minister Nguyen Hoa Binh told the National Assembly on June 11.

Introducing the centre’s role and significance at the 15th legislature’s ongoing 9th session, Binh stated that it will be a diverse ecosystem of financial services concentrated within a specific area, bringing together many financial institutions such as banks, investment funds, financial service companies and trading platforms like securities, currency, and commodities exchanges, along with a wide range of supporting services. Read full story

- Prime Minister Pham Minh Chinh’s official visit to Sweden from June 11 to 13 is expected to inject fresh momentum and open up new avenues for breakthrough cooperation between Vietnam and Sweden across multiple fields, stated Vietnamese Ambassador to Sweden Tran Van Tuan.

Talking to the Vietnam News Agency, the ambassador noted that this is the highest-level visit by a Vietnamese leader to Sweden since 2019, and also marks PM Chinh’s first visit to a Nordic country. It is a major political and diplomatic event with strategic importance for bilateral relations. Read full story

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Many Vietnamese people in Lithuania do business in shopping centres in Vilnius capital city. (Photo: VNA)

- The official visit to Vietnam by Lithuanian President Gitanas Nauseda and his spouse from June 11 to 12 is expected to help strengthen political trust and promote strategic connectivity between the two countries, particularly within the framework of ASEAN-EU cooperation.

This is a highly significant diplomatic event, demonstrating the two countries’ mutual regard for their traditional friendship and multifaceted cooperation, while also opening a new chapter in bilateral relations. Read full story

- The Argentine Chamber of Deputies and the ASEAN Committee in Buenos Aires (ACBA) co-organised a seminar on June 10 to promote cooperation between the Argentine parliament and the Association of Southeast Asian Nations (ASEAN), following an initiative by the Vietnamese Embassy, which currently chairs the ACBA.

The event gathered diplomats from Vietnam, Malaysia, Indonesia, and Thailand, along with Argentine lawmakers and officials from the Chamber of Deputies and ASEAN parliamentary friendship groups. Read full story

- The UK and Vietnam possess significant untapped potential for cooperation in digital trade, services, green technology, fintech, artificial intelligence (AI), semiconductor, quantum technology, and other emerging sectors, heard a workshop held in London on June 9.

The event was jointly organised by the Vietnamese Embassy in the UK and the British Embassy in Vietnam, with the aim of further promoting bilateral ties in these areas. Read full story

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A corner of Da Nang (Photo: VNA)

- Vietnam is on the right track with its strategy to develop an International Financial Centre (IFC). Experts both domestically and internationally have praised the decision to avoid concentrating the initiative in a single location, opting instead to create a coordinated financial ecosystem anchored by Ho Chi Minh City — the country’s economic powerhouse — and Da Nang — the innovation-driven hub of the central region.

This functional zoning model aims to capitalise on the unique strengths of each locality, promoting mutual support and balanced regional development. Read full story

- As Canada seeks to diversify its supply sources and reduce dependence on a single partner like the US, Vietnamese rice enterprises are presented with a golden opportunity to expand their share in this market.

Tran Thu Quynh, Trade Counsellor at the Vietnamese Embassy in Canada, stated that Canada, housing approximately 7 million people of Asian origin, is one of the world’s seven largest rice importers, with an annual demand worth around 500 million USD and a growing trend. Read full story

- Total state budget collection in the first five months of 2025 was estimated to reach 1,139 trillion VND (43.76 billion USD), equivalent to 57.9% of the yearly estimate, representing a year-on-year rise of almost 24.5%, according to the Ministry of Finance (MoF).

Of the sum, domestic revenue was estimated at 987.5 trillion VND, equivalent to 59.2% of the estimate and up 27.6% year-on-year, the ministry reported on June 10 at a meeting to review activities in May and implement tasks for June./. Read full story

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