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Update news formula price
Ceiling formula price for milk removed
VietNamNet Bridge - After two years and nine months of applying the ceiling price, the price of formula milk products for children aged below six remained stable. However, the policy was removed on April 1.
State proposes price ceiling for milk products
The Prime Minister approved the Ministry of Finance's proposal on applying a price ceiling on milk products for children.
Baby formula market chaotic, uncontrollable
The formula products imported through unofficial channels to Vietnam have been available on the market and favored by customers, even though their quality has not been certified by state management agencies.
Loopholes exist, businesses dodge laws, management agencies powerless
Despite a lot of efforts, the watchdog agencies still fail to control the formula prices. The market remains chaotic because of low quality products and sky high prices.
