The Ministry of Industry and Trade of Vietnam shall have the responsibility to instruct and regulate the movement of goods

With regard to domestic trade and market, the Ministry of Industry and Trade of Vietnam shall perform the following tasks:

- Organize the implementation of mechanisms and policies on development of domestic trade and market; develop domestic trade and ensure the balance of goods supply and demand, and the supply of essential commodities to mountainous regions, islands, remote and isolated areas, border regions and ethnic minorities in accordance with the law regulations; Organize the implementation of mechanisms and policies on methods of transaction and business types in accordance with the law regulations;

- Take charge and cooperate with relevant ministries to instruct and regulate the movement of goods;

- Take charge and cooperate with ministries and local governments to manage and develop commercial services in accordance with the law regulations;

- Take charge and cooperate with Ministry of Finance to stipulate prices of certain commodities as per the law;

- Take charge and cooperate with ministries and local governments to formulate policies on development of commercial infrastructure facilities (including markets, supermarkets, shopping malls, trade centers, centers for auction of goods/commodities, goods trading centers, logistics centers, warehouses, trade fairs, exhibitions and retail stores) in accordance with the law regulations.

Decree No. 98/2017/NĐ-CP of Vietnam’s Government comes into force from August 18, 2017.

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