VietNamNet Bridge - The sky-high prices of formula milk products for children aged under six have angered many consumers, who question why domestic prices remain high despite the sharp input material price drop of 20 percent.

VietNamNet Bridge - Dairy producers are complaining that the ceiling price applied over the last year has dealt another blow to sales at a time when purchases are already at a low due to the recession.

VietNamNet Bridge - A ceiling price has been applied to formula milk for children aged below six for one year. Most recently, the government decided to continue it for one more year, until December 31, 2016.

 VietNamNet Bridge – The government has agreed to set up ceiling prices on formula products in an effort to control the formula market, in which prices have been uncontrollably escalating. But analysts don’t think this will help.

  VietNamNet Bridge – Formula manufacturers and distributors have laughed scornfully at the statement by the Ministry of Finance (MOF) to set ceiling for the formula selling prices, believing that this is unfeasible.

 VietNamNet Bridge - Abbott Nutrition Vietnam said that it would revoke Similac GainPlus EyeQ 400g and 900g for children of 1-3 years old in Vietnam, due to suspicion of contamination.