Viet Nam has become an emerging market for SKorean formula milk companies in recent years, making up for shortfalls in demand in China and the domestic market, according to statistics published by the Korea Customs Service.
Nestlé Research Centre has claimed a breakthrough in its research to add human milk oligosaccharides (HMOs) and a probiotic known as Bifidus BL, to its NAN Supreme 3 formula for children aged two to six years to boost their immune system.
The Ministry of Finance (MoF) on Friday delivered documents to the Ministry of Industry and Trade (MoIT) regarding the management of 877 formula milk products for children less than six years old.
In late April the finance ministry examined the country''s five largest
formula milk producers and decided to cap the prices of the 25 most
popular products in an attempt to protect consumers.
The Prime Minister asked the ministries of Health and Finance on Thursday to report the high price of milk on the local market.Because the milk price is not controlled by the Government, dairy companies can increase prices at any time.
The Ministry of Health wants to extend a ban on the use of baby photos
on milk products for children under 24 months - or advertising the
products in hospitals, clinics - or the media.