VN milk prices now highest in the world, claims survey (03-09-2008) HCM CITY — The retail price of milk in Viet Nam is the highest in the world, according to a survey conducted by FTA Market Research Company, a representative of World ESOMAR Research in Viet Nam. Viet Nam's average milk retail price is US$0.82 per kilo, while it costs $0.8 per kilo in North America, China, Israel, and the EU, and $0.4 per kilo in Eastern Europe and South America, Tran Ngoc Dung of FTA Market Research Company, said. Last year, milk sales increased by only six per cent in volume but went up by 20 per cent in value. Milk consumption is estimated to register sales of $920 million this year and $1 billion for next year. The survey also indicates that average per capita milk consumption in Viet Nam is about 9-10 kilos per year. The price of a 400 gramme can of domestic milk ranges from VND70,000-100,000 ($4.2-$6), while the price of imported milk is VND150,000-160,000 ($9-$9.6). According to the … [Read more...] about VN milk prices now highest in the world, claims survey
Expensive cities in the world
Among the most expensive cities of the world Hanoi ranks 41st in Asia and 217th worldwide, ECA International has announced. Meanwhile Ho Chi Minh City placed 43rd in Asia and 224th in the world, according to a cost-of-living survey conducted by ECA International, the world's leader in the development and provision of solutions for the management and assignment of employees around the world. Tokyo is the most expensive city in Asia, following by Nagoya, Yokahama and Kobe (Japan), Seoul (the Republic of Korea-RoK), Singapore, Beijing, Shanghai and Hong Kong (China), and Busan (the RoK). Singapore overtook Hong Kong, jumping from 8th last year to 6th position in this year's list, because the Singapore dollar is increasingly stronger against other currencies in the world and average price of goods and services rose by 5.7 percent. The last city on the list in Asia is Karachi, southern Pakistan. According to the survey, four other ASEAN cities are more expensive than Hanoi: Jakarta … [Read more...] about Hanoi among the top 50 most expensive cities in Asia
A businessman behind a real estate company based in Ho Chi Minh City believes apartments in Vietnam are selling at the lowest prices on earth, fueling a controversial subject among local property firms. While Nguyen Xuan Quang, chairman of Nam Long Investment Co. JSC, admits that local salaried workers have to save for a long time to afford an apartment or a house, he does not think it is a sound reason to say that properties in Vietnam are too expensive. "Vietnam’s housing prices are the cheapest in the world if you apply a fair calculation," he was quoted by VnExpress as saying on the sidelines of the company’s shareholder meeting in Hanoi on Thursday. While an affordable apartment in Ho Chi Minh City fetches only US$30,000-$40,000, a similar flat in other cities of the same scale as the Vietnamese city, such as Bangkok, Hong Kong, or Manila is $300,000, Quang argued. The chairman claimed that Vietnam’s real estate market is facing a huge challenge of … [Read more...] about Realty man thinks Vietnam apartments ‘cheapest in the world’
VietNamNet Bridge - Experts have warned about the alarming nutritional health of preschool children in HCM City. Parents keep complaining about the lack of nursery schools. Meanwhile, the budget for preschool system development has been increasing steadily. Dr. Do Thi Ngoc Diep, Director of the center, said at a conference discussing the implementation of the school meal project in late February 2014 that the situation of the children's nutritional health is "alarming". According to Diep, 48 percent of preschool children in HCM City are "too fat," 10.5 percent obese and 4.3 percent malnourished. Some analysts have commented that the obesity in HCM City is even more serious than in the US. The nutrition center is considering designing the standard sets of menus for preschool children in an effort to help improve the children's health. The sets of menus would be implemented on a trial basis at six nursery schools in HCM City before they are applied in a large scale. The HCM … [Read more...] about Vietnamese preschool children receive best care in the world?
A vendor sells snail noodle at her open air street shop in downtown Hanoi. In Vietnam, many sidewalks are gobbled up by cafés, eateries, and motorbikes. Photo: AFP Never mind what people say - in my opinion, Vietnam has the most freedom in the world. My neighbor died recently. For a whole week they played drums and gongs all the time except occasionally when dozens of women gathered to pray to Amitabha loudly chanting a single word for three hours straight. Also in my neighborhood, when someone builds a house, they dump bricks, sand, and cement right on the road, killing any plants that may be there. My friend in Germany told me that he would have to complete a number of formalities if he wants to cut down trees in his own garden if they are more than three meters tall. He has to explain to authorities why he is cutting his trees and guarantee that he will plant at least the same number of trees he cuts. People can only cut down a tree after the replacement grows. In … [Read more...] about Vietnam, the freest country in the world