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
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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