Việt Nam imported petroleum mainly from ASEAN and South Korea in the first seven months of 2017, which together accounted for 90 per cent of petrol imports.

The month-long sales promotion programme has been running for nine years now, and is attracting more and more interest from consumers.

Southernmost Cà Mau Province is seeking investment to develop a US$3.5 billion seaport complex, which can receive vessels of up to 250,000 tonnes capacity, on Hòn Khoai Island.

Domestic pepper prices have been fluctuating abnormally from late July until now, with the VPA blaming price manipulating measures used by Chinese businesses.

The national one-door customs mechanism, first introduced   in 2011, has considerably reduced time spent on customs procedures and facilitated import and export activities. This forms an important premise for Việt Nam as it develops its National Single Window (NSW) that will have to integrate with the ASEAN Single Window (ASW).

Management over the fertiliser market must be enhanced to prevent fake and low-quality products which caused an estimated losses of about US$2.5 billion each year for the country with more than 70 per cent of its population working in the farming sector, experts said at an online conference on Wednesday.

The Hà Nội Department of Transport (DoT) is now asking for opinions on a regulation draft over the business and conditions for transportation business by auto within the city limit, set to be approved by the end of 2017, to which there have been controversial responses from taxi firms and association.

Authorities in the southern province of Cà Mau should accelerate the administrative reform process and offer the most beneficial policies for investors, business leaders have said.

Vietnamese shares tumbled on Wednesday on both local markets as investors triggered large-scale sell-offs following rising tension between the US and North Korea and false news about the arrest of a former banker.