News Updates – April 2008

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PM signs decree to protect consumers
Vietnam News Agency, Vietnam-April 26, 2008

Hanoi (VNA) - Prime Minister Nguyen Tan Dung has signed a decree intended to reinforce an ordinance designed in April 27, 1999 to protect consumers.

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The way to go
Saigon Times Weekly, Vietnam-April 24, 2008

Vietnam’s export performance after its WTO admission has not fared as well as expected. However, trade experts point out that boosting export is still the best way to maintain high economic growth and help reduce inflation.

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The Level of Openness
Saigon Times Weekly, Vietnam-April 24, 2008

Management agencies and economists often view the openness of Vietnam’s economy through the export revenue or the import-export revenue against the gross domestic product (GDP), and conclude that the economy has a high level of openness which has increased fast through years

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Monopoly hits Airlines’ Business
Saigon Times Weekly, Vietnam-April 24, 2008
The operation of Pacific Airlines has been facing some hiccups recently due to the arbitrary actions of air service companies
.

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4th East Asia Top Level Officials' Meeting on Competition Policy
ADB Institute, April 16, 2008

The Asian Development Bank Institute and the Japan Fair Trade Commission (JFTC) co-organized the 4th East Asia Top Level Officials' Meeting on Competition Policy held in Kyoto, Japan on 16 April 2008. 40 senior officials from 14 East Asian competition and related authorities/agencies participated in the meeting.

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Consumer prices begin to level off in April
Vietnam News, Vietnam-April 22, 2008

HA NOI — Prices in the domestic market have regained some stability during April, following a more volatile March, thanks to a series of comprehensive and bold measures taken by the Government.

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UN chief warns world must urgently increase food production  
The Associated Press - April 20, 2008

ACCRA, Ghana (AP) — The U.N. chief warned Sunday that the world must urgently increase food production to ease skyrocketing prices and pledged to set up a task force on a crisis threatening to destabilize developing nations.

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Foreign trade can be so tricky
Vietnam News, Vietnam- April, 19, 2008

HA NOI — The business of trading overseas can be very tricky, especially for companies unfamiliar with the detailed way accounts are paid.

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WTO deal seen having little impact on food prices
Reuters India, India- April 18, 2008

GENEVA/WASHINGTON (Reuters) - Soaring food prices have surfaced as a big concern in the delicately poised agriculture negotiations at the World Trade Organisation (WTO).

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Poor Thai farmers guard their fields as rice prices soar
AFP-April 8, 2008

BANGLANE, Thailand (AFP) — Crime had never really been a problem in Takham Uthao's impoverished rice farming village in central Thailand until prices for his crop began hitting record highs.

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