Vietnamese firm found inflating Chinese COVID-19 test kit prices by 21 times dispatchist.com


Source: dispatchist.com dispatchist.com

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The import price was US$0.955 per unit compared with the selling price of $20.75 The unit price for the rapid coronavirus test kits imported by Ho Chi Minh City-based Viet A Technology Corporation (Viet A Corp) from China was US$0.This is among the latest findings in the case against the corporation’s founder and CEO Phan Quoc Viet and the director of the Hai Duong CDC, Pham Duy Tuyen, who were arrested and prosecuted last December for allegedly colluding to inflate the price of COVID-19 PCR test kits and pocket the difference.85 million) importing three million rapid COVID-19 test kits from...