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Search Results for: Vietnam

10 results out of 800 results found for 'Vietnam'.

ASIAN REGULATORY ROUND UP – INTEGRATED INDIAN PIGMENT AND RESIN PLANTS TO AVOID EIA ASSESSMENTS



NEW integrated paint manufacturing units in India with an annual production capacity of less than Indian Rupees INR500 million (USD6.6 million) will soon be exempt from securing prior environment clearance by the ministry of environment and forests (MoEF). This rule, covering plants with production facilities for resins and pigments, is expected to come into force early next year (2021) once the central government formalises and gazettes a new Environment Impact Assessment (EIA) Notification.…

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CORRUPTION REMAINS A MAJOR PROBLEM IN ASIA, SURVEY FINDS



A new Transparency International (TI) survey has reported significant concern in 17 Asian countries (1) that corruption continues to be a problem or is getting worse, undermining equitable access to public services and trust in government. TI’s ‘Global Corruption Barometer – Asia’ (2) found 74% of the 20,000 people surveyed believe that government corruption is a major problem in their country, with 19% of citizens surveyed admitting to paying a bribe and 22% using personal connections when accessing public services in the previous year.…

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CHINA PET MATERIALS MARKET FACES NEW IMPORT BAN THREAT



China’s recycled polyethylene terephthalate (PET) materials market is heading for another distortion with repercussions for apparel and footwear brands. While the likes of Adidas, Nike and Decathlon continue shifting from virgin fibre to recycled fibre to improve their environmental impact standings, China’s PET market is heading for another distortion, raising the spectre for supply bottlenecks and price increases.  …

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AUSTRALIA’S BRIBERY AND MONEY LAUNDERING LEGISLATION: SLOW UPTAKE OF INTERNATIONAL STANDARDS



DESPITE Australia’s uninterrupted economic growth since 1991 ahead of the Covid-19 pandemic, lax rules on bribery and money laundering have dented its government’s reputation. Reforms to the country’s foreign bribery and commercial crime laws are on the horizon and there is talk about lawyers, accountants and real estate agents having to report on suspicious transactions, but progress has been painstakingly slow.…

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VIETNAM APPAREL SECTOR OPTIMISTIC ABOUT GROWTH DURING ANTICIPATED 2021 REBOUND FROM COVID-19



VIETNAM clothing industry insiders have told just-style that they are optimistic that the Vietnamese apparel supply chain will emerge strengthened from the Covid-19 crisis in 2021. This is despite an ongoing shortage of orders during 2020, only partly mitigated by switching production to make masks.…

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ASIAN REGULATORY ROUND UP - CHINESE GOVERNMENT LAUNCHES COATINGS SECTOR POLLUTION PROBE



The China National Coatings Industry Association (NCIA) on July 31 informed members that it has been told by the ministry of ecology and environment to investigate the production, treatment and disposal of hazardous waste in the coating industry and compile a management guide based on the investigation’s findings.…

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NOVARTIS AND SUBSIDIARIES HIT BY MAJOR US FINES OVER CORRUPTION



Swiss pharmaceuticals giant, Novartis AG, plus a former subsidiary Alcon Pte and its current Greek wing, are together to pay out USD345.9 million in fines to American regulators because of corrupt practices. The penalties follow admissions that staff bribed public and private healthcare providers in Greece and Vietnam to choose Novartis products in breach of the United States Foreign Corrupt Practices Act (FCPA).…

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SRI LANKA’S CLOTHING SECTOR STRUGGLES BACK TO WORK AMIDST TOUGH AND UNEVEN GOVERNMENT COVID-19 HEALTH CONTROLS.



COVID-19 has taken its toll on Sri Lanka’s textile and clothing sector, with exports forecast to plummet for 2021 (the financial year ending March) from a target of USD5.6 billion, by USD1.7 billion to USD3.9 billion, falling 30% year-on-year for April 2020 to March 2021, the country’s national clothing industry told just-style.…

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HONG KONG CLOTHING INDUSTRY ORGANISATIONS SEEK TO REASSURE TERRITORY COMPANIES OVER CHINA SECURITY LAW DIPLOMATIC ROW



HONG Kong textile industry leaders have tried to reassure clothing traders and manufacturers operating from the territory they will not face serious harm by any change of diplomatic recognition prompted by the passage of a new HK security law. Speaking to just-style, Louis Chan, assistant principal economist (global research), for the Hong Kong Trade Development Council (HKTDC), claimed that sourcing offices in HK would continue to operate smoothly: “As long as the subject merchandise is not made in Hong Kong, the possible revocation of the special trading relationship or any suspension of HKCO (Hong Kong country of origin) recognition should have little or even no direct impacts on HK’s re-exports (of those items),” he argued.…

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ASIAN PAINT AND COATINGS REGULATORY ROUNDUP - AUSTRALIA LAUNCHES NEW CHEMICAL CONTROL SYSTEM



AUSTRALIA’S existing regulatory framework for importing and manufacturing industrial chemicals, the National Industrial Chemicals Notification and Assessment Scheme (NICNAS) will be replaced by a new system called the Australian Industrial Chemicals Introduction Scheme (AICIS), starting July 1. The AICIS covers a broad range of chemicals and polymers used in adhesives, paints and solvents among many others. …

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