Finance ministry to cap prices of all formula milk
The ministry issued the decision capping the prices of 25 products with big market shares made by fi…The ministry
issued the decision capping the prices of 25 products with big market shares made by five companies on May 20.Tuan said the ministry is set to issue guidelines to control more prices this week and targets capping all prices as required by the Ministry of Health.
The decision was based on the market situation and prices of the same products in other Asian countries like Thailand and Indonesia.
It will be in force for a year, and the ministry will decide later whether or not to continue with it.
