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The fact that Asanzo only assembled products with components made by other companies but then labeled them as “Made-in Vietnam” is not an offense. The lack of specific criteria for “Made-in-Vietnam” products as well as for products assembled and then sold domestically means electronic firm Asanzo has not committed trade fraud, according to the conclusion the Anti-corruption, Economic crimes and Smuggling Department, aka C03, under the Ministry of Public Security. Electronic firm Asanzo is concluded not to commit trade fraud. As a result, the fact that Asanzo only assembled products with components made by other companies but then labeled them as “Made-in Vietnam”, “Manufactured in Vietnam”, or “Origin from Vietnam”, is not an offense, said C03. C03 requested the General Department of Vietnam Customs to check components and parts imported by Asanzo after they had been cleared by the customs authorities to ensure the firm’s compliance with laws on … [Read more...] about Vietnam electronic firm Asanzo not committed trade fraud

Vietnam’s stock market system has been improved in recent times through more transparent management, Photo: Le Toan At a seminar in March on the strategy for development of Vietnam’s securities market for this decade, Shimizu Akira, chief representative of the Japan International Cooperation Agency (JICA) in Vietnam said it is urgent to improve the fairness and transparency of the domestic market for Vietnam’s stock sector to become a more attractive and efficient capital mobilisation channel. “The Vietnamese government has made strides and implemented swift remedies to the issue, including on the revised Law on Securities and launching the Vietnam Stock Exchange,” Akira said. Based on the proposal of the Vietnamese government, JICA has implemented a technical cooperation project to strengthen the capacity of the State Securities Commission (SSC) and the three stock exchanges through providing practical knowledge and know-how on the regulatory activities in Japan and other … [Read more...] about Hurdles still to climb for stock market gain

An air force plane drops water above Muang district of Chiang Rai to help clean the dust from the air and lighten the choking smog on May 28. (Photo source:bangkokpost.com) Bangkok - Parts of the upper northern and northeastern areas of Thailand remained cloaked in hazardous levels of smoke haze on March 28 with the worst pollution still in Chiang Rai's Mae Sai district. The Pollution Control Department reported unsafe and red-coded levels of particulate matter 2.5 micrometres and less in diameter (PM2.5) in the northern provinces of Chiang Mai, Chiang Rai, Lamphun, Lampang, Mae Hong Son, Nan, Phayao, and Phrae. Their PM2.5 levels ranged from 99 to 517 microgrammes per cubic metre (μg/m³) of air over 24 hours as of 10am on March 28. The government-set safe threshold is at 50μg/m³. By VNA … [Read more...] about Air pollution remains alert in Thailand”s northern areas

An air force plane drops water above Muang district of Chiang Rai to help clean the dust from the air and lighten the choking smog on May 28. (Photo:bangkokpost.com) Bangkok (VNA) - Parts of the upper northern and northeastern areas of Thailand remained cloaked in hazardous levels of smoke haze on March 28 with the worst pollution still in Chiang Rai's Mae Sai district. The Pollution Control Department reported unsafe and red-coded levels of particulate matter 2.5 micrometres and less in diameter (PM2.5) in the northern provinces of Chiang Mai, Chiang Rai, Lamphun, Lampang, Mae Hong Son, Nan, Phayao, and Phrae. Their PM2.5 levels ranged from 99 to 517 microgrammes per cubic metre (μg/m³) of air over 24 hours as of 10am on March 28. The government-set safe threshold is at 50μg/m³. smoke haze in line with the guidelines of the Ministry of Natural Resources and Environment, but the key to the successful implementation depends on people's cooperation./. VNA … [Read more...] about Air pollution remains alert in Thailand’s northern areas