Vietnamese company to export high-tech toys to US

The Hanoitimes - TOSY Robotics Joint Stock Company, a Vietnamese robotics firm, is negotiating with leading US distributors including Knotts, Topp Toy, and Preziosi to export its high-tech toys to the US market. 

TOSY Robotics is the first Vietnamese robotics firm to attend the New York Toy Fair, where it introduced three high-tech toys including the AFO flying object, the TOOP top, and the TOSY fire ring.

The company’s products have already been exported to seven international markets including Germany, Japan, and Turkey.

According to the US Toy Library Association, the US toy industry earns as much as US$75 billion every year, US$21 billion of which comes from domestic manufacturers.

The New York Toy Fair is o­ne of world’s three largest industrial events that involves more than 1,100 companies from 85 countries all over the world

MoIT pledges adequate oil and petrol supply

Businesses have confirmed they will import sufficient petrol and oil to align with their plans registered with the Ministry of Industry and Trade (MoIT), and will supply enough for domestic consumption.  

The MoIT emphasised this o­n February 20 in response to the recent information about the supply of petrol and oil.

It asked wholesalers to reserve all types of petrol and oil according to their annual plans and control their distribution network to ensure that all petrol stations are able to stay open during regular times.

The Market Management Department under the MoIT will work with related agencies to detect illegal activities related to selling price, measurements and quality as well as speculation, smuggling and misinformation.