Vietnamese consumers have been duped into buying mobile devices of famous brands at attractive prices by a telesales company, only to eventually have copycats or knockoffs delivered to their door. Vietnamese consumers have been duped into buying mobile devices of famous brands at attractive prices by a telesales company, only to eventually have copycats or knockoffs delivered to their door. The consumer rights protection agency under the Vietnam Competition Authority (VCA) said it had recently been flooded with complaints from victims of the deception, all of whom had agreed to buy the products after listening to the honeyed words of the company’s telesales people. The most common method is to provide consumers with misleading information regarding the name of the company and the products themselves, and to insist that delivery be made via post using cash-on-delivery (COD). The fraudulent company also requests that the COD parcels only be opened once payment is cleared. This … [Read more...] about Vietnam firm sells iPad by phone, delivers iPed
Tin vietnam
Vietnam may allow importing waste for recycling
VietNamNet Bridge - The HCM City People's Committee now works with competent agencies on the initiative to allow the Vietnam Waste Solution (VWS) to import waste to be recycled at the company's $10 million factory. The factory, developed by VWS over the last three years, reportedly needs thousands of tons of rubbish every day to generate power. VWS's General Director David Duong said since the city has been slow in implementing the waste classification program, the compose factory and the recycling factories have been left idle since 2011 because of the lack of materials. Therefore, he has proposed to allow VWS to import waste to ensure sufficient materials for the factories. According to Tin, Vietnam now prohibits enterprises and organizations to import materials for recycling, while this is a very popular thing permitted in other countries. In 2011, VWS once asked for the permission to import 10,000 tons of waste for domestic recycling to run the factories on a trial basis. … [Read more...] about Vietnam may allow importing waste for recycling
Vietnam urged to revamp outlook on agriculture
While the demand for vegetables, fruits and dairy increase recently compared to grains, Vietnam has been urged to map out new agricultural strategies to keep up with these new market trends. The issue was top on agenda at the forum "Strengthening agricultural productivity and supply chains in Vietnam", which was co-organised on October 3 in Hanoi by the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD)'s Centre for Agricultural Policy, the ADB Institute and the French Development Agency (AFD). Speaking at the forum, Tin Htut Oo, Chairman of National Economic and Social Advisory Council of Myanmar, said that after the world food crisis in the 2007-2008 period, more countries became aware of the importance of agricultural production in the national economy and started to strengthen food production, and the food supply in the world has significantly increased. He added, however, that in recent years, as several economies have gradually rebounded, living … [Read more...] about Vietnam urged to revamp outlook on agriculture
Vietnam’s first condom maker to list on stock market
Merufa Joint Stock Company, the first condom producer in Vietnam, has announced plans to list on the capital's stock exchange on December 12. According to a decision singed on Tuesday by the Hanoi Stock Exchange, Merufa will be listed on the Unlisted Public Companies (UPCoM) market under the code MRF, and will offer 3.67 million shares. The reference price for the shares has been set at VND18,600 ($82 cents). Merufa was formed in 1987 under the Ministry of Health as part of an agreement between Vietnam’s government and the United Nations Population Fund. In 2002, it started operating as a joint stock company with a charter capital of VND20 billion ($880,600), which now stands at VND37 billion. The company’s annual financial report last year showed it had four main shareholders: the state-owned Vietnam Medical Equipment Corporation Co., Ltd with a 16.16 percent stake, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) with a 6.59 percent stake, Military Commercial … [Read more...] about Vietnam’s first condom maker to list on stock market
Tin Nghia Corporation Together with Dong Nai Province’s Economic Development
Through 28 years of development, Tin Nghia has become one of the leading corporations in Dong Nai province, reaching the Top 500 largest enterprises in Vietnam, as voted by the Vietnam Report Company (VNR). Efforts paid off Tin Nghia’s industrial parks are increasingly appreciated by customers, and attracting more and more attention of investors. At present, most enterprises operating in Tin Nghia industrial parks have achieved good results in production and business. Some enterprises are step by step expanding their production scale, increasing land area to respond promptly to the needs of the market and customers, such as YKK (Japan), Koken (Japan), Plus (Japan), ProMax (Taiwan), Viet Long (Taiwan), and Fashion Garment 2 Company (Sri Lanka) …. To achieve these successes, Tin Nghia Corporation always adheres to the principle that “industrial park development must be stable and sustainable to contribute to the development of local socio-economy”. Tin … [Read more...] about Tin Nghia Corporation Together with Dong Nai Province’s Economic Development