VCSC Daily - VN-Index advances for fourth straight week - Price caps on infant formula - CTD, SKG, NT2
MOIT: Price caps on infant formula will be in place until the end of Q1 2017. After taking over the responsibility of monitoring infant formula prices from the Ministry of Finance (MOF) earlier this year, the Ministry of Industry and Trade (MOIT) just issued a Decision stating that the price caps on infant formula (i.e. for children under six years old) will be in place until the end of March 2017. It is unclear whether the price caps will be renewed or removed after March 2017.