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Archive for the Category ‘Trade’

Vietnam to Apply Int’l Standards on Imported Foods from July

Vietnam to Apply Int’l Standards on Imported Foods from July

Vietnam is set to apply requirements on imported animal food products as strict as those of the European Union and the United States from July 1, according to an official from the Ministry of Agriculture and Rural Development.
The regulations, embodied in Decree 25/2010/TT-BNNPTNT and Decree 26/2010/TT-BNNPTNT by the ministry, will be based on the International [...]

Toys decline in popularity for Children’s Day

Toys decline in popularity for Children’s Day

In previous years, toys made in China seemed to be the only choice for parents who wanted to celebrate Children’s Day on June 1 with their children. Now, toys are no longer a favourite.
A lot of parents told VietNamNet that they do not plan to purchase toys for Children’s Day. They noted that they can [...]

It’s easier to buy counterfeit than real goods

It’s easier to buy counterfeit than real goods

“Counterfeit goods appear everywhere, from popular markets to luxury trade centres, which are still beyond government agencies’ control,” noted Nguyen Thanh Binh, Chief Representative of the HCM City office for National Office for Intellectual Property (NOIP).
Popular counterfeit goods
According to Nguoi lao dong, it is easier to buy counterfeit goods than real goods, because counterfeits are [...]

Weather heats up food prices

Weather heats up food prices

Vegetables, fruits and seafood products have increased in price. The price increases have been explained by the hot weather, which is said to raise demand.
According to Thoi bao Kinh te Saigon, the prices of vegetables have increased by 5-15 percent. For example, salad is selling at 15,000-20,000 dong per kilo, an increase of 2000-3000 dong [...]

Milk markups remain high, especially for imported formula

Milk markups remain high, especially for imported formula

Surveys by reputable market research firms reveal that products sold by importers of powdered milk fetch a profit of 22 to 86 percent, Tien Phong reports.
Most dairy products firms evade discussion of the profits they can earn, saying only that the maximum profit is a little higher than twenty percent.
A milk products distributor in the [...]

City to stabilise price of goods

City to stabilise price of goods

The municipal People’s Committee has approved a plan to stabilise prices and to ensure the supply of essential goods until the end of the year.
The plan will provide price stabilisation assistance to eight essential commodities: rice, sugar, cooking oil, red meat, poultry, fruits and vegetables, poultry eggs and processed foods.
Reserve stocks of these commodities will [...]

Authorities urged to help fight fraud

Authorities urged to help fight fraud

City and provincial authorities should strengthen inspection of key products to help curb inflation and stimulate consumption, Minister of Industry and Trade Vu Huy Hoang said.
Each locality should draw up inspection plans to suit their own areas, Hoang told a two-day conference on anti-trafficking, counterfeit goods and trade fraud which ended yesterday.
He asked local steering [...]

Paper prices jump, expensive materials blamed

Paper prices jump, expensive materials blamed

Paper prices have been increasing rapidly due to increases in material prices. Just over the last two months, the prices of different kinds of paper have increased by 2.5 million dong per ton.
Prices jump by 15 percent just within 2 months
Nguyen Minh Trung, Director of Vinh Tien Company, a notebook producer, has informed sales agents [...]

Diamonds on show in HCM City expo

Diamonds on show in HCM City expo

The fifth exhibition on diamond, jewellery and clocks will take place at the Tan Binh Exhibition and Convention Centre from this Saturday till Tuesday.
The HongKong GSSP company will introduce various kinds of swiss-made clocks at the exhibition.
Goldsmiths will also take part.

Electronics device market grows

Electronics device market grows

Viet Nam’s consumer electronic device market is projected to be worth around US$4.3 billion in 2010 and is expected to increase to $6.6 billion by 2014, driven by the growing affordability of key products, says a Viet Nam consumer electronics report for the second quarter of 2010.
The report, posted by the Companies and Markets website [...]