Vietnam's opportunity in a shifting global EV market
The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.
Vinacafé Bien Hoa’s Wake-up instant coffee is being recalled in the US due to its mistake of improper labeling other than the quality of products, according to Vinacafé Bien Hoa, a subsidiary of Masan Group.
On September 28, 2017, the United States Food and Drug Administration (FDA) revealed that Hong Lee Trading, a New York-based trading company, is recalling the Wake-up instant coffee due to the undeclared milk allergens. The products were delivered in New York, New Jersey, and Connecticut.
"It is life-threatening to people who are allergic to these substances," said FDA in its announcement. However, there has been no illness or allergic reactions related to Wake-up coffee reported.
The recall of the product was implemented right after the milk allergens undeclared on its labels were found in a routine sampling. Under FDA guidelines, consumers can return Wake-up instant coffee products to the place of purchase and receive a 100 per cent refund.
Wake-up instant coffee exported to the United State via Hong Lee Trading is a product of Vinacafé Bien Hoa, a subsidiary of Masan Group.
A Masan Group’s representative told theLEADER that Vinacafé's products always met the export and trading standards of FDA in the US market. Since the beginning of 2017, 43,797 shipments of Wake-up coffee have been exported and sold in this market. Only 100 boxes out of 4,300 shipments delivered to Hong Lee Trading were improperly labeled.
Currently, Vinacafé Bien Hoa is printing the labels in order to send to the US to address the problem The company said that this is the problem of labeling which is not related to the quality of products. In case FDA rejects this solution, it will compensate Hong Lee Trading with 100 new correctly labeled shipments.
The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.
A.P. Moller–Maersk has launched its first bonded warehouse in Vietnam, situated in the SLP Park in Nam Dinh Vu Industrial Park, Haiphong.
Vietnam's T&T Group and Qatar’s JTA investment group have unveiled plan to develop a $4.5 billion international-standard sports complex and Disneyland-style theme park in Hanoi’s Dong Anh district.
This initiative aims to bring unique agricultural products from the region to visitors and consumers in Vietnam.
Michelin has been selected by NASA to participate in the research team for phase 1 of the Artemis project. The company's task involves researching and developing specialized airless wheels intended for lunar rovers.
Bcons Group has been leaving a lasting impression on the southern Vietnam’s real estate market. At the core of its achievements lies a single principle - “Trust” - the foundation that has propelled the company toward success and accelerated its transformation into a multi-industry conglomerate.