December 27, 2009
Milk producers said they did not spend a lot of money on advertising and marketing and then pass on the costs to consumers, rejecting findings of a recent inspection by the Finance Ministry. The ministry announced December 22 that it found dairy companies spending too much on promotion, pushing retail prices up. According to the [...]
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July 29, 2009
LookAtVietnam – The retail price of milk is likely to keep going up under a plan by the Ministry of Finance to increase import taxes on milk. Experts spoke with Tuoi tre (Youth) newspaper about the high cost of milk. Many milk agents decided to increase milk prices themselves to boost profits as a result [...]
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July 14, 2009
A woman buys a milk can from a shop in Hanoi. The National Food Safety and Hygiene Administration Monday said around 25 percent of milk products inspected had much lower protein contents than their labels indicated. âSome milk products have protein content as low as less than 2 percent in reality,â said Nguyen Cong Khan, [...]
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July 8, 2009
LookAtVietnam – Consumer protection officials say it’s true that multinational firms are marketing milk products for infants at considerably higher markups than in Thailand, Malaysia and other nearby countries. Seventy-two percent of the liquid milk sold in Vietnam is imported, and 100 percent of the powdered milk sold here.On the heels of reports that imported [...]
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July 8, 2009
A woman buys a can of powdered milk at a shop in Hanoi. Vietnamâs consumer agency has challenged powdered milk importers justifications of high milk prices following a regional price survey. Imported powdered milk in Vietnam sometimes retails more than three times the price in neighboring countries, according to a national comparative study released Tuesday.The [...]
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May 27, 2009
The dairy section at a Co.op Mart supermarket in Ho Chi Minh City’s District 1. VietNamNet Bridge – Milk products in Vietnam are unreasonably expensive, experts say, adding that local consumers may be paying the price for their own “expensive is good” mindset.Ho Tat Thang, vice chairman of the Vietnam Standard and Consumer Association (Vinastas), [...]
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May 26, 2009
The dairy section at a Co.op Mart supermarket in Ho Chi Minh Cityâs District 1. Milk products in Vietnam are unreasonably expensive, experts say, adding that local consumers may be paying the price for their own âexpensive is goodâ mindset. Ho Tat Thang, vice chairman of the Vietnam Standard and Consumer Association (Vinastas), said at [...]
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May 26, 2009
The dairy section at a Co.op Mart supermarket in Ho Chi Minh Cityâs District 1. Milk products in Vietnam are unreasonably expensive, experts say, adding that local consumers may be paying the price for their own âexpensive is goodâ mindset. Ho Tat Thang, vice chairman of the Vietnam Standard and Consumer Association (Vinastas), said at [...]
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April 29, 2009
Dairy companies are taking a bulk of their profits by selling their products at higher prices than in neighboring countries, the Vietnam Standards and Consumersâ Association (Vinastas) said. Ho Tat Thang, Vinastas vice chairman, said at a Monday conference in Hanoi that it was ridiculous that milk product prices in Vietnam were 1.5 times higher [...]
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February 21, 2009
Powdered milk products displayed at a dairy shop in Ho Chi Minh Cityâs District 3. Statistics from Vinamilk show that the domestic dairy market was worth VND8 trillion last year, with foreign producers holding an 80 percent market share. Some foreign dairy firms plan to increase prices but local producers call it unreasonable since costs [...]
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