Vietnamese goods dumped to control domestic market
To welcome the Lunar New Year, many domestic enterprises dump various kinds of goods to control the country’s market, particularly candies, cakes, jams and soft drinks.
According to a representative of Bien Hoa Confectionery Joint Stock Company (Bibica), the company is scheduled to supply for the market over 40 kinds of candies, cakes and jam, up 12 percent against 2007, to meet the increasing demand of consumers.
Meanwhile, Kinh Do Food JSC will increase by one-third of its production with 30 kinds of candies, cakes and jam to serve this coming Lunar New Year.
Now enterprises in Ho Chi Minh City are finished stock-piling goods to serve the Tet holiday, using mainly domestic sources. Several imported goods must be tested for melamine to ensure the quality before being put on sale.
The candy, cake and jam market to welcome the Lunar New Year in Ho Chi Minh City has started eventfully with a sudden increase in the purchasing power.
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