Scandals shake up drinks sector

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Báo Đầu Tư English 4 day(s) ago

Scandals shake up drinks sector

The beverage market has seen significant upheavals recently as big players like Number 1 Group and Suntory PepsiCo face scandals over their production quality. The latest shock to local consumers was last week’s allegations of high lead content in the green tea product C2 and energy drink Red Dragon, produced by the Universal Robina Corporation. Nguyen Van Viet, chairman of the Vietnam Beer, Alcohol Beverage Association, shared his analysis on this unfolding issue with VIR’s Thanh Xuan.

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Identifying current trends is key to consumer market

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Báo Đầu Tư English 2 week(s) ago

Identifying current trends is key to consumer market

Vietnam’s fast-moving consumer goods market has great development potential for 2016 and beyond. Nguyen Huy Hoang, business development director of Kantar Worldpanel – a world leader in consumer and shopper knowledge and information – provides some insights on this topic.

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BASF cements footprint in Vietnam

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Báo Đầu Tư English 2 week(s) ago

BASF cements footprint in Vietnam

Construction chemicals could be the necessary ingredients to fostering Vietnam’s sustainable growth, both in terms of building the country’s infrastructure and securing greater investments in the construction industry. Christian Mombaur, senior vice president of BASF Construction Chemicals Asia Pacific, spoke to VIR’s Trang Nguyen about BASF’s innovative products, the benefits they offer local consumers, and their scope for inspiring confidence in the local construction market.

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Acleda, Forte deal to boost insurance sector

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VietStock FI English 2 week(s) ago

ACLEDA Bank Plc and Forte Insurance (Cambodia) Plc have signed a memorandum of understanding (MoU) to expand general insurance and micro-insurance options for the Kingdom’s consumers, a press release said on Friday.

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CAIF hopes to put a dent in used auto market

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VietStock FI English 1 month(s) ago

The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately American imports that void dealership warranty and service guarantees.

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Ethanol plants in troubles as Vietnam’s plan to boost biofuel fails

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Báo Tuổi Trẻ English 1 month(s) ago

Ethanol plants in troubles as Vietnam’s plan to boost biofuel fails

An ambitious plan by the Vietnamese government to encourage the use of biofuel, or ethanol-mixed petrol, is not working as well as expected, sealing the fate of three multimillion-dollar ethanol plants.

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Agri-minister apologizes for saying most foods in Vietnam are safe

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Agri-minister apologizes for saying most foods in Vietnam are safe

Vietnam’s Minister of Agriculture and Rural Development Cao Duc Phat has had to extend a public apology for claiming that most foods in the country are safe and that consumers are to blame for being unaware of that so-called 'fact.'

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Vinataba’s monopoly aspirations go up in smoke

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Báo Đầu Tư English 1 month(s) ago

Vinataba’s monopoly aspirations go up in smoke

The Vietnamese government last week stubbed out cigarette monopoly producer Vinataba’s self-serving ambitions to rid the local market of popular brands from Indonesia’s Sumatra Tobacco.

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Achieving stronger development with high-quality workforce

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Báo Thanh Niên English 2 month(s) ago

Achieving stronger development with high-quality workforce

Kien Giang hopes to gradually build up the high-quality workforce thanks to more and more modern plants put into operation in the Mekong Delta province.

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Cost of petrol dips as price caps take effect

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VietStock FI English 2 month(s) ago 1 related news

Cost of petrol dips as price caps take effect

Prices at the pumps dropped yesterday as the government’s fuel-pricing formula came into effect, with the country’s major petrol retailers advertising regular gasoline at 3,050 riel per litre, premium at 3,150 riel per litre and diesel at 2,700 riel per litre, in accordance with government-mandated price caps.

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MOIT issues warning on virtual currencies

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Báo Đầu Tư English 2 month(s) ago

MOIT issues warning on virtual currencies

The industry and trade ministry's E-commerce and Information Technology Agency (VECITA) has warned consumers and investors to be cautious while purchasing virtual currencies on e-commerce websites.

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March 15 announced as Vietnamese Consumers Rights Day

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Báo Dân Trí English 2 month(s) ago

March 15 announced as Vietnamese Consumers Rights Day

The Ministry of Industry and Trade held a ceremony in Hanoi on March 12 to announce that March 15 has been selected as Vietnamese Consumers Rights Day.

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Visa expands electronic payments into Mai Linh taxis

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Báo Đầu Tư English 2 month(s) ago

Visa expands electronic payments into Mai Linh taxis

Visa cards are now accepted in Mai Linh taxis in Hanoi, Thai Nguyen, Bac Ninh and some central districts in Ho Chi Minh City, providing commuters with a faster and more convenient way to pay for their taxi rides.

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Scandal leaves multinational companies facing boycott

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Báo Đầu Tư English 3 month(s) ago

Scandal leaves multinational companies facing boycott

A range of goods from various multinational companies sold in Vietnam are being boycotted by consumers due to the bad reputation of their brand ambassador.

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Vietnamese businesses suffer after misleading news reports

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VietnamNet English 3 month(s) ago 1 related news

Vietnamese businesses suffer after misleading news reports

VietNamNet Bridge - Communications is a double-edge knife. Information can help businesses polish their images in public’s eyes, but can also hinder their development.

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