Category Archives: CUTS In Media

Fine transport firms over fare cut delays

September 10, 2015

- HCMC – The vice chairman and general secretary of the Vietnam Valuation Association has called on authorities to fine transport enterprises that have delayed lowering fares despite multiple rounds of fuel price cuts.

It is unacceptable that transport charges have not gone down though fuel prices have been sharply slashed, Nguyen Tien Thoa said at a seminar on transport charges and benefits of consumers held by the Vietnam Standards and Consumers Association (VINASTAS) on September 8.
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Consumers urged to unite for their rights

March 13, 2015

- HA NOI — Consumers should come together to find effective solutions for ensuring the protection of their rights as 90 per cent of consumers are ignorant about the organisations that protect their benefits.

This was revealed by a recent online survey of more than 1,200 customers, conducted by the Institute for Studies of Society, Economy and Environment (iSEE).
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ASEAN Formulates a Post-2015 Vision and Strategic Action Plan on Competition

ASEANFormulatesaPost2015VisionandStrategicActionPlanonCompetition_21ee64691650951ef683edbf0133d096September 11, 2014

JAKARTA – The ASEAN Experts Group on Competition (AEGC) gathered at the ASEAN Secretariat from 9-10 September to deliberate a post-2015 vision, with new targets and a regional plan of action on competition for the period 2016-2025. The envisaged establishment of the ASEAN Economic Community (AEC) at the end of 2015 will mark an important milestone on ASEAN’s way towards deeper regional economic integration and community-building. The Brainstorming Meeting was convened in compliance with the directives of the ASEAN High-Level Task Force on Economic Integration (HLTF-EI) to develop a strategic framework towards 2025.


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Vietnam: A competitive market for infant formula products

Communist Party of Vietnam Online Newspaper, October 18, 2012

A research study on the competitive landscape of the market for infant formula products for babies under 12 months of age in Vietnam between 2009 – 2011 period was officially released on October 17 by the Central Institute of Economic Management.

The research which has been undertaken by the Consumer Unity & Trust Society (CUTS International) shows that strong competition in the market brings benefits to consumers in terms of both wide products ranges and price points that are available for consumers.
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Small firms urged to join global distribution network

Vietnam News, July 28, 2012

HA NOI — Integration into a global supply chain should be a lifeline for Viet Nam’s small and medium-sized enterprises (SMEs), a conference in the capital last week was told.

Chairman of the Viet Nam Chamber of Commerce and Industry Vu Tien Loc told the conference on the global supply chain that SMEs have proved their durability and flexibility. However, their competitiveness was stunted and only weak links have been made with other SMEs and large businesses.
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Ensuring healthy business competition

Vietnam News, April 06, 2011

Co-operation between the Government’s Competition Authority and regulatory bodies in sectors needs to be promoted to ensure a healthy competitive business environment in Viet Nam, says Vu Ba Phu, vice head of the Viet Nam Competition Authority (VCA).

Attending a seminar org-anised yesterday by the Industry and Trade Ministry’s VCA and Swiss Competition Commission, Phu said that although Viet Nam’s Competition Law was passed in 2004 and took effect one year later, firms, as competitors, were still confused which institutions they should go to when they met competition-related issues.
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