Vietnam – Markets blacklisted for selling counterfeit goods

The United States Trade Representative (USTR) office has blacklisted Vietnam’s well-known markets in its 2020 review, for reasons of counterfeiting goods. Dong Xuan Market in Hanoi and Ben Thanh Market in Ho Chi Minh City have been named on the USTR blacklist.

Markets blacklisted for selling counterfeit goods

Blatant counterfeiting
Ben Thanh Market, Dong Xuan Market and the e-commerce platform Shopee are on the USTR blacklist for selling counterfeited goods of unknown origin. For many years now, e-commerce platforms and online shops in Vietnam have long been criticized for selling counterfeited goods and pirated brand names. An online shopper looking to buy a Rolex watch on e-commerce platform Shopee can choose from many suppliers of the world-famous Swiss brand. Prices could range from just VND 250,000 to about VND 2 mn for a watch. It has never been so simple and easy to buy products of famous brands.
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Fake and low-quality goods: the biggest problem for e-commerce platforms

Counterfeit and poor-quality goods are the biggest obstacle that customers face on online shopping platforms.

Mr. Bao, a customer in Ho Chi Minh City, wanted to buy 2XU brand jogging pants. He ordered the pants on a popular e-commerce site for VND350,000 and after receiving the product, he found out that it was fake.

Sàn thương mại điện tử nào chống được hàng giả sẽ thống lĩnh thị trường-1This sports pants advertised on an e-commerce site is cheaper than similar products sold at official stores. (Photo: H.D)
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Foreigners side with locals to run counterfeit market in Vietnam

NOV 26, 2019 / 18:16 Ngoc Thuy

The Hanoitimes – Many websites selling fake goods are hosted abroad, while Vietnam still lacks legal instruments to address rampant unfair competition and trade fraud activities in the cyber space.

The manufacturing and sales of counterfeit goods have been on the rise over the past few years, particularly with the involvement of foreigners and the use of sophisticated methods to avoid detection of customers and authorities, said Hoang Anh Duong, vice director general of the Vietnam Directorate of Market Surveillance. Tiếp tục đọc “Foreigners side with locals to run counterfeit market in Vietnam”