Milk producers said they did not spend a lot of money on advertising and marketing and then pass on the costs to consumers, rejecting findings of a recent inspection by the Finance Ministry. The ministry announced December 22 that it found dairy companies spending too much on promotion, pushing retail prices up. According to the ministry, advertising and marketing expenditure accounted for more than... 

MasterCard’s latest survey on consumer confidence shows that Vietnamese consumers are the most optimistic among 24 countries in Asia Pacific, the Middle East and Africa. The U.S.-based group’s Index of Consumer Confidence (ICC), released twice yearly, provides insights into consumer confidence based on five factors, including quality of life, economy, regular income, employment and the stock...