The Kim Biên Market has 534 booths which are operated by 316 households, 16 of which sell food additives.Viet Nam News HCM CITY – Authorities in HCM City have tightened control of harmful food additives for the Tết (Lunar New Year) holiday. Lao Động (Labour) newspaper, reports that locals’ demand for cakes, jams, and candies has significantly increased for the holiday. However, the plethora of products makes it difficult for them to spot whether a food item is authentic or fake. Consumption of fake products with unclear origins can be detrimental to locals’ health, the newspaper said Bình Tây Market sells most of the cakes, jams and candies for Tết. These food items can be bought by kilo, with each kilo typically selling under VNĐ100,000. Most products sold in Bình Tây Market have clear origins and legal documents with them. In addition to traditional markets, locals can find Tết food items online where … [Read more...] about HCM City cracks down on use of harmful food additives
Cracked apk market
Vietnam’s crude offers condensate; Asia-Pacific market awaits tender results
SINGAPORE, May 19 - Trade for July-loading regional cargoes remains sluggish as traders adopt a wait-and-see approach ahead of various regional sell tenders that are due to be awarded in the coming days. SINGAPORE, May 19 - Trade for July-loading regional cargoes remains sluggish as traders adopt a wait-and-see approach ahead of various regional sell tenders that are due to be awarded in the coming days. July premiums are expected to be steady to slightly firmer than June-loading cargoes that traded last month as demand from Asian refiners is expected to resume after coming out of the seasonal spring maintenance period, traders said. But lacklustre refining margins and ample supplies could cap gains, they cautioned. Naphtha refining margins fell to $56.90 per tonne on May 18, the lowest since mid-December. Vietnam's Nam Con Son condensate PV Oil is offering three 25,000-barrel cargoes of the Vietnamese condensate grade for loading in July, August-September and November-December … [Read more...] about Vietnam’s crude offers condensate; Asia-Pacific market awaits tender results
Vietnam’s life insurance market faces challenges
Twenty-four-year-old Ms. Trinh Van Anh, the manager of an international school in Hanoi, does not have a life insurance policy and hasn’t thought about getting one, even though her monthly salary of $1,000 is higher than most of her peers. “No one recommends I take out a policy,” she said. “No one knows what life insurance covers, what it gives the policyholder, or what the benefits are.” Like Ms. Anh, many other Vietnamese people remain confused about what life insurance can actually bring. Even though premiums in Vietnam are on track for yet another record year, the gains are coming from a very low base and foreign insurers have yet to truly crack the market despite dominating. It should take only a few more years, though, for them to make more substantial headway. Foreign insurers’ playground 2016 continued to see robust growth in Vietnam’s insurance market, with the life insurance segment reaching a ten-year high. Insurance … [Read more...] about Vietnam’s life insurance market faces challenges
Quality key to Japan seafood market
HCM CITY — Vietnamese firms should focus on food safety standards if they want to export seafood to Japan, a seminar held in HCM City on Wednesday heard. Vo Thanh Ha, deputy head, North East Asia Division, at the Industry and Trade Ministry's Asia Pacific Market Department, said: "Japanese consumers are particular about quality, durability, and convenience of products." Last year the Japanese government lifted a ban on Vietnamese dragon fruits after they began to be treated to get rid of melon flies in accordance with Japanese standards. Ha apprised delegates about Japanese Industrial Standards for industrial products and Japan Agricultural Standards. Officials from the Japan Environment Association urged exporters to apply for "Ecomark," a certification that a product does not harm the environment. Exporters need to find information about business and technical barriers in Japan from Vietnamese commercial counsellors, Japan External Trade Organisation, and trade groups to crack … [Read more...] about Quality key to Japan seafood market
Vietnamese fashion tries to crack domestic market
Many garment businesses over the past few years have only focused on exporting clothes and forgot the potential domestic market of 86 million of people. Some companies have decided to crack the market, including Viet Tien. In the last five to ten years, the country has seen many new fashion labels which sit in consumers' minds, like Ninomax, PT 2000, Blue Exchange, Viethy and Forci. However, most of them are just for the medium priced market for young fashion. High and low ends of the market are currently flooded by Chinese goods and foreign high fashion businesses. In spite of economic difficulties, the growth rate of domestic fashion consumption has been 25 percent up year on year. This is a good sign for domestic businesses to develop in their own country. However, they have met a lot of difficulties. First is materials, Vietnam has seriously lacked materials for domestic fashion commodities, as well as export items. The next problem is high expenditure for … [Read more...] about Vietnamese fashion tries to crack domestic market