WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Industry
Trade ministry warns against foreign goods forging Vietnam’s origin
Ngoc Mai 21:04, 2019/02/11
Foreign goods are finding ways to secure a Vietnam certificate of origin in a bid to enjoy preferential treatments from the participation of Vietnam in free trade agreements.
The Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT) warned against a growing trend of foreign goods forging Vietnamese origin to commit trade fraud and cheat customers. 
 
Illustrative photo.
Illustrative photo.
Following the agency’s statement, foreign goods are finding ways to secure a Vietnam certificate of origin in a bid to enjoy preferential treatments from the participation of Vietnam in free trade agreements. 

Additionally, a Vietnam certificate of origin could also be used as means to evade trade barriers from import markets. 

According to the MoIT, an origin certificate fraud not only affects customers, but also causes negative impacts on domestic production, reducing credibility and competitiveness of made-in-Vietnam products. 

However, as Vietnam currently does not have specific regulations and criteria for products to be certified as made-in-Vietnam, customers do not have appropriate measures to verify the products. 

Existing requirements are mainly related to label, geographical indications and brands, while there are no standards to determine whether a product is considered to be made-in-Vietnam. 

As of present, made-in-Vietnam products must be partly or wholly produced in Vietnam. 

The MoIT urged the facilitation of new legal framework specifying requirements for products to be labelled as made-in-Vietnam in the near future. 
Other news
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.
14:48, 2024/10/29
Hanoi steps up inspections to crack down on unsafe food
The purpose of the survey is to gain a thorough understanding of the local food safety situation and to identify non-compliance promptly, allowing for corrective actions to be taken to mitigate health risks.
22:24, 2024/10/23
SEMIEXPO Vietnam 2024 to foster growth of semiconductor industry
The exhibition aims to develop the ancillary industry ecosystem and attract investment from the world's leading semiconductor companies.