Vietnamese products faked overseas

(VOV) -More than 60% of “Made-in-Vietnam” products manufactured abroad and imported back into Vietnam are either pirated or counterfeit.

The information was revealed by by Nguyen Vu Hai, Director of the Anti-counterfeit goods centre, at a seminar in HCM City on July 19 discussing measures to counter infringements upon trademarks of local businesses.

Hai said such a violation of intellectual property rights has not only negatively impacted the image of Vietnamese products both at home and abroad, but has significantly cut into business sales.

Participants at the seminar pointed out a number of difficulties in dealing with counterfeit products, including ineffective coordination between relevant agencies and local producers.

A recent survey showed that counterfeit and low-quality products are marketed everywhere in Vietnam, from remote rural to the large metropolitan areas. Many product imitations are even sold at renowned supermarkets in Hanoi and Ho Chi Minh City.

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