Ho Chi Minh City’s total retail sales and services revenue are expected to hit nearly VND450 trillion (US$19.8 billion) in the first half of 2017, up 10.2% from the same period last year.
Confectionery giants are struggling to compete for market share during the Tet (Lunar New Year), which falls on January 28.
A roundtable discussion was held in Hanoi on October 20 to look for ways to improve the effectiveness of cooperation among enforcement agencies in the fight against counterfeits and intellectual property rights (IPR) infringements.
VOV.VN - In Vietnam, the trade of fake goods is pervasive with many market analysts estimating that the overwhelming majority of retail consumer goods sold are counterfeit and likely to have been produced in China.
Vietnamese police have detained two Chinese for using fake cards to withdraw cash from ATMs.
Vietnam spends about US$3.4 billion on medication every year, officials of the Ministry of Health said on March 16.
Counterfeit and low-quality steel and iron products imported in bulk into Vietnam are tormenting the local steel sector’s major operators.
The 43rd session of the 13th National Assembly Standing Committee wrapped up in Hanoi on December 11 under the chair of NA Chairman Nguyen Sinh Hung.
Deputy Prime Minister Nguyen Xuan Phuc has urged relevant agencies to take tougher measures to curb smuggling, trade fraud and counterfeit, especially in the time running to the Lunar New Year.
(VOV) - The proliferation of counterfeit products in Vietnam - from consumer electronics to pharmaceuticals and fertilisers - is slowing the nation’s economic growth and even putting people’s lives at risk.
(VOV) - More than 100 businesses are showcasing their Made-in-Vietnam products at a fair in Hanoi to promote the campaign “Vietnamese prioritise using Vietnamese goods.”
(VOV) -More than 60% of “Made-in-Vietnam” products manufactured abroad and imported back into Vietnam are either pirated or counterfeit.
(VOV) -Police in the central province of Khanh Hoa has arrested three foreigners for using counterfeit ATM cards to withdraw money from banks’ ATMs.
(VOV) - Higher fines and more effective management are needed to curb the production and trade of counterfeit goods in Vietnam.
A store based in Ho Chi Minh City has been fined VND22.5 million (US$1076) for selling counterfeit condoms to their customers.
Consumers should protect their legitimate rights by improving their knowledge about the quality and design of products they buy.