The Government will adopt stricter penalties to prevent foreign goods being exported to the other markets under Vietnamese labels to avoid tariffs.

 VietNamNet Bridge – Vietnam’s footwear exports have been worth US$9.45 billion in the first half of this year, a year-on-year increase of 8.4 per cent.

VietNamNet Bridge - Many Vietnamese businesses have been reportedly tricked by foreign partners from Morocco, Canada, New Zealand and the US recently.

The news that KhaiSilk, the premier Vietnamese silk brand, has been found selling made-in-China silk scarves under the name of Vietnam products has stunned the public. But KhaiSilk is not the only business doing so.  

VietNamNet Bridge - Vietnam spends tens of billions of dollars to import products already abundant in the domestic market.

 VietNamNet Bridge – Deputy Prime Minister Nguyen Xuan Phuc yesterday (April 23) called for more effective measures against smuggling, trade fraud and the production and trade of counterfeit goods.

Toyota to recall 43,000 cars in Vietnam; Heightened costs cut into Vinamilk profits; Banks target growth in consumer lending; Firms plan to issue convertible bonds; Number of new firms up by more than 8%

 Gov’t intensifies crackdown on trade fraud; Restrictions on foreign currency tightened; No gov't back up for foreign loans; Manufacturing output rises at fastest pace, says HSBC; Vietnam attracts nearly US$22 bln in FDI

 VietNamNet Bridge – Vietnamese businesses have been heading towards South Asia and Africa in an effort to expand their markets. However, a lot of them have become moneyless after some business deals.

VietNamNet Bridge – Tax departments in southwestern provinces that share a border with Cambodia have warned about an increase in trade fraud relating to value added tax refunds during unofficial cross-border trading by newly-established enterprises.