Chinese farm produce floods Vietnam market Massive quantities of Chinese agricultural products are routinely smuggled into the Vietnamese market, despite repeated warnings of pesticide residues. The produce is often laced with a toxic cocktail of pesticide residues causing leading agricultural experts to raise the alarm that Vietnamese consumers may be unwittingly exposed to hazardous levels of pesticides. The Hanoi-based Long Bien wholesale market, the largest farm produce market in northern Vietnam, imports between 200-300 tonnes of grapes, apples, cabbages, tomatoes, carrots, potatoes and onions from China every day. These products are mixed with similar Vietnamese fruits and vegetables in retail markets, making it difficult for consumers to distinguish with the naked eye. Tran Thu Huong, a consumer in Hanoi’s Thanh Xuan district, said that most of the cabbages, tomatoes, carrots, and potatoes available at her nearby markets are imported from China. “My family refuses … [Read more...] about BUSINESS IN BRIEF 22/7
Dubai customs clearance
Forum discusses state of supporting industry The practical experience of non-governmental organisations and businesses in developing the supporting industry was shared at the 10th Vietnam Supporting Industry Forum in Ho Chi Minh City on May 22. Organised by the Reed Tradex company, in conjunction with the city’s Investment and Trade Promotion Centre and the Japan External Trade Organisation (JETRO), the event focused on the importance of developing partnerships to foster the development of the industry, which provides parts and components to manufacturers, in the future. The forum helped Vietnamese manufacturers operating in the field to realise their weaknesses and ways to overcome them, thus setting new development targets and improving the quality of their products to meet the demand of investors. According to Bui Quang Hai, Deputy President of the municipal Mechanics Association, the supporting industry plays an important role in attracting investors. He said that most … [Read more...] about BUSINESS IN BRIEF 27/5
Editor-in-Chief of the Industry and Trade Review Nguyen Huu Quy (third from the left) attends the conferenceAs one of the seven emirates of the UAE, Dubai for a long time has been known as the largest trade center in the Middle East and a gateway to many markets. A conference was held in Dubai on the occasion of Gulfood 2016 - the largest annual agricultural products, food and beverage fair in the Middle East - to share experiences in taking Vietnamese agricultural and food brands abroad. Vietnamese Ambassador to the UAE Pham Binh Dam said Dubai was considered as a major marketing gateway to the world, and exports to Dubai would be transported for sale in the other six emirates of the UAE, including Abu Dhabi, Sharjah, Ras Al-Khaimah, Umm Ai-Qaiwain, Ajman, and Fujairah, and countries in the Middle East, North Africa, and Central Asia. Vietnamese exports to Dubai have increased rapidly in recent years, and Dubai has become a major export market for Vietnam. As the first Vietnamese … [Read more...] about Agricultural exports: Good signals from Dubai
Two Vietnamese persons were caught smuggling elephant tusks by the Tan Son Nhat airport customs officials in HCM City last Saturday, the government website chinhphu.vn reported. Tusks and tusk-made handicrafts seized by the Tan Son Nhat airport customs last June. Last Saturday, the same customs caught two Vietnamese persons smuggling a combined 43.5kg of tusk hidden in their baggage. Nguyen Van Ha and Nguyen Van Hien, residents of Nam Dinh Province, had nothing to declare when they applied for customs clearance at the airport on their return from Dubai. However, the customs officials reportedly found 19.2kg and 24.3kg of tusks in the baggage of Ha and Hien respectively. The two persons allegedly could not produce any valid documents related to the cargo. Tests conducted by the HCM City branch of the public security ministry's Institute of Criminal Science identified the tusks as being of African elephants, whose trade is banned by the Convention on International trade in … [Read more...] about Customs officials detain Vietnamese passengers for smuggling tusks
Earlier this month Idemitsu Q8 Petroleum LLC opened its first retail outlet in Hà Nội’s Thăng Long Industrial Park, marking the first time a wholly foreign-owned company has entered the fuel retail sector. Idemitsu Q8 is a joint venture between Japan’s Idemitsu and Kuwait Petroleum International Ltd. It was the first to benefit from a landmark government decision last year to allow foreign businesses to distribute fuel in Việt Nam if they invest in oil refining in the country. The entrance of Idemitsu Q8 has been welcomed as a positive change for the petroleum retail sector. The modern new petrol pump has the best equipment from Japan, the latest management software and international standard service by well- trained staff. Idemitsu Q8 is soon expected to expand its retail network along Highway No.5, which links Hải Phòng and Hà Nội. Market observers said the newcomer is like a breath of fresh air in the … [Read more...] about Entry of foreign fuel: a game changer?