return icon

Vietnam, US investigate $4b aluminum origin fraud

Ba Ria-Vung Tau Province's Customs Department had seized a suspicious aluminum shipment worth US$4 million that was heading to the US and other countries, a General Department of Viet Nam Customs official said.




Ba Ria-Vung Tau Province's Customs Department had seized a suspicious aluminum shipment worth US$4 million that was heading to the US and other countries. — Photo



This was the largest place-of-origin fraud ever uncovered in the country, according to General Director of Vietnam Customs Nguyen Van Can.

Can said the shipment belonged to a corporation which had its own production line but imported aluminum ingots, bars and semi-finished products from China to export to the US, among others.

After becoming suspicious, the General Department of Viet Nam Customs (GDC) collaborated with the Ministry of Public Security, the Ministry of Industry and Trade, the Viet Nam Chamber of Commerce and Industry and other relevant agencies to investigate and block the shipment, he said.

“The Vietnamese customs authority has also worked with US customs officers and the Department of Homeland Security who have sent agents to Viet Nam to verify the case,” Can was quoted as saying by

According to a report of the Ba Ria-Vung Tau Province customs, the company's inventory amounted to 1.8 million tonnes worth about $4.3 billion.

Trade tensions between the US and China have been ongoing for more than a year. Their impacts, together with temporary trade protection measures around the world such as anti-dumping and countervailing duties, affect trade flows. Some products are being disguised with ‘made in Vietnam’ labels to try to evade US anti-dumping duties.

Viet Nam’s aluminum exports to the US were subject to a tax of about 15 per cent, but products from China were levied at up to 374 per cent, Can said.

According to US customs, even if businesses imported aluminum ingots and bars and finished aluminum products to process, they were still not eligible to be labelled made-in-Viet Nam.

Because of the high tax benefit, many businesses in Ba Ria-Vung Tau Province had imported billions of US dollars worth of aluminum products, according to Can.

“The customs authority is continuing to fight place-of-origin fraud to stop Viet Nam becoming a trans-shipment point for fraudulent goods,” Can said. The authority had also detected and prevented other cases involving importing semi-finished and finished products to Viet Nam and faking their origin, he added.

This month, the Trade Remedies Authority under the Ministry of Industry and Trade announced a list of 25 items at risk of trade remedies investigation, an increase of 12 items compared to the list published in August this year.

The list includes hardwood plywood, artificial stone, iron racks, foam cushions, electric bicycles, truck and passenger car tires, and corrosion-resistant steel (2 codes HS), stainless steel rims, hot rolled steel sheets, cast iron products, synthetic fibers, mechanical pipes of steel and cold alloys, aluminum foil, forged steel accessories, common aluminum alloy plates, elastic bands and steel wheels. — VNS

Vietnam stops US-bound Chinese aluminum forging Vietnam origin worth US$4.3 billion

Vietnam stops US-bound Chinese aluminum forging Vietnam origin worth US$4.3 billion

Currently, Vietnamese aluminum exported to the US is subject to 15% import tariff, while similar Chinese products are applicable to a tax rate of up to 374%.


Japanese travelers love to visit Da Nang, experience Vietnamese culture

Yoshinori Yakabe, Japanese Consulate General in Da Nang, said Japanese travelers love to experience ecological tours and learn about culture when they come to Vietnam.

After 7 years of study, young doctors earn less than VND5 million a month

Citing low income as one of the reasons behind the brain drain from the public to the private sector, the Ministry of Health (MOH) believes this is causing problems in the health sector.


Foreign investment from ASEAN important to Vietnam: HSBC

Defence Minister meets with RoK Prime Minister in Seoul

Prime Minister of the Republic of Korea (RoK) Han Duck-soo hosted a reception in Seoul on March 29 for Vietnamese Minister of National Defence Gen. Phan Van Giang.

Ninth National External Information Service Awards launched

The ninth National External Information Service Awards was launched in Hanoi on March 29.

Vietnam draws over 2.69 million foreign tourists in Q1

Vietnam welcomed more than 2.69 million foreign tourist arrivals in the first quarter of 2023, 29.7 times higher than that of the same period last year, the General Statistics Office (GSO) has reported.

Doha Cup 2023: Vietnam's U23 football team return home with "empty hand"

Vietnam’s U23 team left Doha Cup 2023 with an "empty hand" after a close loss to their Kyrgyz rivals on March 29 (Vietnam time).


Government issues details on aid for ethnic minority housing, land reclamation

GDP growth of 3.32% in Q1 nears lowest level in 13 years

Vietnam’s gross domestic product (GDP) grew by 3.32% in the first quarter of the year, higher only than the growth rate of 3.21% recorded in the first quarter of 2020 in the 2011 to 2023 period, according to the General Statistics Office.

Four Japanese banks to provide US$300 million for Vietnamese renewable energy

Four Japanese banks are set to co-finance a total of US$300 million to provide credit lines to power producers using renewable energy in the nation as part of efforts to help the growing country in its decarbonising process.

15 short stories by Vietnamese writer published in RoK

A collection of 15 short stories written by local author Nguyen Huy Thiep were introduced to Korean readers by Wisdom Publishing House in March.

Hanoi’s ancient pagoda in the red-silk cotton tree season

In March, red-silk cotton trees bloom, showing off their beauty at the thousand-year-old Thay Pagoda in Quoc Oai district in Hanoi.

VN Government calls for broad-based measures to help realty sector

The Vietnamese Government has recently urged ministries to take measures to help the realty sector get back on track and sustain its healthy growth.

EC drops health certificates requirement for Vietnamese noodles

The European Commission (EC) has recommended removing Vietnamese rice noodle and vermicelli brands from conditions that require health certificates and 20 per cent random testing at the port of entry.

Ministry of Industry and Trade proposes draft on cross-border trade

The Ministry of Industry and Trade (MOIT) is seeking public comments on a legal draft amending Decree No14 on cross-border commercial activities.