Prices of many products had returned to normal pre-Tet levels as of Sunday, the eighth day of the Lunar New Year, but the popular food items or those for worship rituals are still expensive. At some of HCMC-based markets like Ba Chieu in Binh Thanh District, Cay Thi in Go Vap District and Vuon Lai in District 12, prices of beef, shrimp, crab, squid, mackerel and a number of fruits such as custard-apple,... 

A lot of foreign investors are hunting for business premises on advantageous positions, preparing to pour their capital into the food service market – the market with great potentials. The commitment on opening the market to foreign food service providers would only be valid in the next few years. However, the move by foreign investors from Japan, South Korea, China and Singapore to look for premises... 

December’s Consumer Price Index is forecast to increase by 0.5 to 0.6 per cent compared to the previous month due to the advent of Christmas and Tet holidays alongside flooding in several areas. Accordingly, the price of a number of foods will increase due to demand. Gas prices will also surge this month, following an increase in world prices, while steel, cement and other construction material... 

Food & Hotel Vietnam 2011, Vietnam’s leading biennial food and hospitality trade show, opened in HCMC on Wednesday, featuring a record number of 15 international group pavilions and hundreds of exhibitors. The 15 international group pavilions include Australia, Belgium, France, Germany, Korea (8 pavilions), Singapore, the U.S., and a new pavilion from Poland, according to organizers. At the... 

An unsatisfied demand for some agriculture foodstuffs was the main reason for increased prices, said Minister of Agriculture and Rural Development Cao Duc Phat. He told a meeting on Tuesday to discuss methods of stabil-ising food prices that domestic demand had reached a peak while supply was still low. Imports of many types of agricultural food had also fallen. Prices of some agriculture foodstuff... 

Six wine exporters and three food producers will visit Vietnam to promote their products at a trade show slated to start this Friday. The two-day Food and Wine Show 2011 is expected to bring opportunities for local importers of Australian wine and food and Australian exporters to meet and build business links. The event at the Caravelle Hotel in downtown HCMC provides an opportunity for both commercial... 

On Thursday enterprises joining HCMC’s price stabilization program will be able to increase prices of some meat products including pork, chicken, and duck by VND4,000-9,000 a kilo, said the city’s Finance Department. Pork prices will rise to VND84,000-89,000 a kilo and chicken VND45,000-63,000 per kilo while duck prices rise to VND64,000 a kilo. The enterprises will also add more pork products... 

Prices of foodstuff have dropped this month thanks to an abundant supply, provincial officials have said. For instance, prices of processed food, beef and chicken are remaining stable while the price of pork has dropped in many places, said price and market management authorities under the ministries of Finance and Industry and Trade. Nguyen Tan Phuong, director of Dong Nai Food Factory, said as pork... 

HCMC – The April consumer price index (CPI) in HCMC is forecast to rise 3.16% from the previous month, pushing up inflation in the first four months to 8.2%, according to the city statistics department. All 11 groups of items in the basket of goods used to calculate the CPI are projected to pick up in prices this month, with transport, food services and building materials seen climbing over 4% from... 

Vietnam would continue to import farm products from Japan but would strengthen inspection on radiation safety, the Ministry of Agriculture and Rural Development announced. At a meeting last Friday, Minister Cao Duc Phat requested agencies to publish regulations on the permitted level of radioactivity for each specific type of food products. The ministry would be responsible for inspecting raw products...