Search Results for: Vietnam

BY KEITH NUTHALL
THE EUROPEAN Commission has ordered tests on all imports of shrimps from Vietnam, Thailand and Myanmar, (Burma), and poultry from Thailand to ensure antibiotic residues do not exceed EU health limits, following concerns raised by spot-checks.…

BY KEITH NUTHALL
THE PRICE of tobacco products fell in developing countries from 1990-2000, according to the World Health Organisation, which has concluded that they are now “sometimes even cheaper than bread or rice.” By contrast, the WHO tobacco price trends study assessing more than 80 countries concluded that cigarettes have become more expensive in most industrialised countries, such as Norway, Australia and Hong Kong.…

KEITH NUTHALL
THE EUROPEAN Commission is to order tests on all imports of shrimps from Vietnam, Thailand and Myanmar, (Burma), to ensure antibiotic residues do not exceed EU health limits, following concerns raised by spot-checks on cargoes from these countries.

Results showed unsatisfactory contamination of shrimps from Vietnam and Thailand by Nitrofuran, veterinary drugs banned for food producing fish and animals in the EU on health grounds, including a possible increased cancer risks through long-term consumption.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDONESIA has emerged as a major producer of desiccated coconut during the last three years, and is now threatening Sri Lanka’s position in the world market, the chairman of the island’s desiccated coconut millers association has claimed.…

BY MARK ROWE
THE INDONESIAN state-owned oil and gas firm Pertamina is to cut its workforce by more than 33 per cent as it moves towards privatisation. Up to 10,000 jobs will go, reducing the workforce to 16,000. Some 2,000 employees will be let go every year even though the company admitted the action was ” a drastic step” with a high social cost.…

BY KEITH NUTHALL
THE PROCESS of transforming the European Union’s anti-fraud office OLAF into a truly independent operator, with enough investigative muscle and legislative teeth to make an impact in Brussels’ fight against financial crime, has proved to be a slow and difficult task, its latest report admits.…

Keith Nuthall
A GERMAN fraudster has fled the European Union after investigators unmasked his certificate of origin scam involving Malaysian textile products, mostly denim jeans. Acting as an importer, he fraudulently exploited preferential trade regimes for Cambodia, Laos, Myanmar, Vietnam and Lesotho, by claiming that its Malaysian products were from these countries, losing EU coffers at least Euro 4.5 million in duty.…

BY SWINEETHA DIAS WICKRAMANAYAKE
JAPAN is to grant Vietnam loans totalling US$220 million, to help it expand Ho Chi Minh City’s international airport, which should enable the government to postpone its relocation

for at least 10 years, state media reports have said.…

BY MONICA DOBIE
ALBERTA- based Talisman Energy Inc., of Canada, has acquired Lundin Oil AB, of Sweden for CAN$529 million. The deal will bring Talisman exploitable land in Malysia and Lundin’s interests in the North Sea, Malaysia, Vietnam and Papua New Guinea.…

BY STEVE BAILEY, in Hanoi, Vietnam
WESTERN restaurateurs are opening businesses in Hanoi, the capital of Vietnam, and formerly the centre of a communist dictatorship that refused to allow foreign ownership of local companies and partnerships.

A string of western-owned restaurants, many under French control, have opened in the historic old quarter near St.…