Enhancing safety and capacity are the top priorities for the railway sector as it receives a much-needed package of VND7 trillion (US$301 million) from the State budget. A section of the North-South railway. - VNA/VNS Photo Minh Son Earlier in August, the National Assembly Standing Committee approved the amount, which is nearly half of the Government’s contingency fund of VND15 trillion for public investment in the 2016-20 period. The package is nowhere near the estimates of funds needed to ensure a robust revival of the flagging sector, given that the money will be used only for four critical projects along the Hanoi – HCM City route. VND1.6 trillion ($68.6 million) was allocated for the renovation and upgrading of infrastructure on the Hanoi-Vinh route in the north and VND1.8 trillion for the Nha Trang-HCM City route in the south. The cost of upgrading degraded tunnels and important infrastructure along the Vinh-Nha Trang route, and upgrading degraded tunnels … [Read more...] about Railway sector plans to improve safety, capacity with $300m
Hanoi will support the development of supply chains in the city, from production to consumption, to control quality, increase value of products, as well as help ensure the benefits of all parties involved. A safe food shop on Ta Quang Buu Street in Hanoi. The capital city has developed 80 food safety supply chains, of which 36 are of animal origin and 44 are of plant origin. - VNA/VNS Photo Do Phuong Anh The capital city has developed 80 safe food supply chains, of which 36 are of animal origin and 44 are of plant origin, according to the Hanoi Department of Agriculture and Rural Development. Hanoi is also implementing a pilot programme granting safe-food certificates for 11 production units in the vegetable and meat supply chains, and for 23 food shops. Hanoi has over 10 million residents with rising demand for agricultural products. However, the city’s production output meets only 60 per cent of its needs, while many products are dependent on neighbouring localities. … [Read more...] about Hanoi promotes supply chains
Hung Yen longan (Source: http://nhanlonghungyen.com.vn) Hanoi (VNA) – The national flag carrier Vietnam Airlines will work with the northern province of Hung Yen to supply the locality’s specialty product – Hung Yen longan – in its flights under an agreement recently reached between the two sides. Hung Yen fresh longan fruit will be served to business-class passengers on Vietnam Airlines’ 70 domestic and international flights departing from Hanoi and HCM City to destinations in Asia, Australia and Europe. Hung Yen province is a large longan farming hub in northern Vietnam with more than 3,800ha of longan at harvest time. Hung Yen longan is known for its thick pulp and sweet taste. Longan served on Vietnam Airlines’ flights is cultivated in line with Good Agriculture Practice (VietGAP). This dessert fruit, which undergo several food safety tests, will be available on flights for one month, from August 15 to September 15. Le Hong Ha, … [Read more...] about Vietnam Airlines to serve passengers Hung Yen longans
Along with the scandals around the origin of Mumuso and Con Cung’s goods, Vietnam is awash with fake versions of famous fashion labels and the authorities are proving ineffective in doling out punishments. Abundance of fake labels Fake clothing labels on sale on Shopee As labels play a great part in determining the origins and the price of goods, small traders often enter into co-operation with label manufacturers to slap the labels of famous fashion brands or Vietnamese exports on their products. Clothes labeled this way can then be sold for dozens of times more than otherwise, but at the same time, it goes at the expense of customer confidence. However, fake labels are rampant in the market with extremely cheap prices. Just by searching “purchasing clothing labels” on Google and e-commerce platforms like Lazada and Shopee, thousands of results pop up immediately. Accordingly, the price of labels depends on the material and the popularity of the brand in … [Read more...] about Vietnamese customers cornered by fake labels
With their huge revenue from selling goods of unclear origins, the VND100-140 million ($4,400-6,200) administrative fines may not be enough to discourage stores like Mumuso. Mumuso, Miniso, and similar brands are being investigated Mumuso and similar firms are facing the highest administrative fines of VND100 million ($4,424) and VND140 million ($6,194), according to Decree No.185/2013/ND-CP stipulating fines for administrative violations for producing and trading in fake goods and Decree No.71/2014/ND-CP stipulating the sanctions on violations of the Law on Competition. However, lawyer Kieu Anh Vu from KAV Lawyers Company in Ho Chi Minh City told VIR that the administrative fines of violating the origin of goods and labelling rules are not high enough to discourage such practices because the illicit profit earned from these violations is likely much higher than the fines. Despite no reports being at hand about the brands’ revenues in Vietnam, with Mumuso’s rapid … [Read more...] about Mumuso and likes getting away with gentle fines?