link ae888

Exporters advised to update Singapore’s food safety, security act

Vietnamese businesses need to thoroughly study the Food Safety and Security Act 2025 (FSSA), which was passed by the Singapore Parliament on January 8, to ensure compliance with relevant regulations in their import and export activities to the Singaporean market.
Trade Counsellor of Vietnam in Singapore Cao Xuan Thang (Photo: VNA)
Trade Counsellor of Vietnam in Singapore Cao Xuan Thang (Photo: VNA)

Singapore (VNA) – Vietnamese industry associations and businesses should stay updated on Singapore’s new regulations on food security and safety, following the country’s enactment of laws to tighten management in this sector, according to Trade Counsellor of Vietnam in Singapore Cao Xuan Thang.

Thang said that Vietnamese businesses need to thoroughly study the Food Safety and Security Act 2025 (FSSA), which was passed by the Singapore Parliament on January 8, to ensure compliance with relevant regulations in their import and export activities to the Singaporean market.

The act was designed to consolidate laws and refresh existing food-related laws, while also adapting its agrifood systems to climate change and the advancement of novel foods.

The FSSA consolidates Singapore’s existing food-related acts into a unified framework and aims to address food safety issues by requiring importers and licensable food businesses to obtain a permit. It also requires food traders to keep records for traceability and recalls, and food and feed businesses to develop a ‘Control Plan’, and outlines strategies for achieving food safety. It will also establish a regulatory framework for pre-market approval of “defined food”, and increase the maximum penalties for violations.

♔ The safety protocols will be implemented in phases to allow businesses time to adapt. Regulations for “defined food” are expected to be rolled out by the end of 2025, with full implementation of other provisions are scheduled to begin in 2028./.

VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

𝓰 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

🥂 Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

ꦐ Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

ও Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|