The move was made after the media reported some individuals and small traders in border areas, especially at Quảng Trị''s Lao Bảo Border Gate, smuggled fuel into neighbouring countries for sale, profiting from price differences.
As of March 9, the retail price of RON95 gasoline in Việt Nam stood at VNĐ27,047 (US$1.04) per litre, compared with about VNĐ31,000 per litre in Cambodia and VNĐ39,000 per litre in Laos.
There needs to be a long-term plan to manage agricultural input markets, protect consumers and safeguard the reputation of Việt Nam’s agriculture sector.
The total estimated value of confiscated goods exceeded VNĐ31.35 trillion (US$1.23 billion), marking a 12.5 per cent increase in cases and a 151.3 per cent surge in the value compared to the previous year.
