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Words in the News
 
Friday 23 May 2003
 
Mobile Phones in Vietnam
 
Mobile phoneMobile telephone companies have been pushing the government of Vietnam to drop taxes to help fight the huge trade in smuggled handsets.
 
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The mobile phone companies argue that reducing taxes will make legally imported phones more attractive than the cheaper smuggled models. Consumers can save about forty dollars by buying what many call “a hand luggage phone” carried into the country tax free. They're often sold by the same shops which stock the legally imported models.

The telecoms ministry says that last year there were more than seven hundred thousand phones sold in Vietnam. Two thirds of them had been smuggled in. But Nokia, which sells some of the most popular phones, estimates that figure has jumped. Company officials say that even more smugglers have entered the market, since the principals of a major distributor, Doug Nam Associates, were prosecuted for a multi-million dollar tax fraud.
 
 
ListenListen to the words
 
imported
 
when goods are brought from one country to your own
 
smuggled
 
when someone takes people or things illegally or secretly from one place to another
 
tax free
 
you do not have to pay any money on the goods that provide a country with public services
 
stock
 
the total amount of goods in a shop
 
estimates
 
an approximate calculation
 
figure
 
number
 
the market
 
the number of people who want to buy something
 
distributor
 
a person, company or organisation that that supplies goods or provisions to shops, businesses or countries
 
fraud
 
gaining money by deceit
 
 
 
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