The Department of Customs reported on December 9 that State budget revenue from import–export activities in the first 11 months of this year reached VND420.63 trillion (US$15.95 billion), equivalent to 102.3% of the annual estimate and 89.5% of the sector’s target.

VOV.VN - The Ministry of Industry and Trade (MoIT) is stepping up strong measures to prevent counterfeit and imitation goods on e-commerce platforms, protect consumers, and maintain public trust in online commerce, said MoIT Deputy Minister Nguyen Sinh Nhat Tan.

Product identification and traceability remain the two pillars of modern market management, Tran Huu Linh, Director General of the Department of Domestic Market Management and Development under the Ministry of Industry and Trade, said at a conference on October 9 on enhancing the value of Vietnamese products.

VOV.VN - Police of the Phu Quoc Special Zone in the Mekong Delta province of An Giang on October 3 announced that they have issued arrest warrants and prosecuted two Algerian nationals for circulating counterfeit US dollars in Phu Quoc.

Goods traceability is not only a filter to prevent counterfeits and substandard products but also acts as a "digital passport" for Vietnamese goods to reach international markets.

VOV.VN - The fight against smuggling, trade fraud, the production and sale of counterfeit and imitation goods, and intellectual property violations is a key, long-term, and ongoing task that must be carried out relentlessly and without exceptions, said Prime Minister Pham Minh Chinh.

Prime Minister Pham Minh Chinh on June 23 chaired a national teleconference to review the fight against smuggling, trade fraud, counterfeit goods, and intellectual property rights infringement in the first half of 2025 and conclude the peak combat campaign.

Minister of Industry and Trade Nguyen Hong Dien called for intensified market surveillance and stronger legal frameworks to combat the rising tide of counterfeit goods and online trade fraud while addressing at the 15th National Assembly’s 9th session on June 17.

VOV.VN - Market surveillance teams nationwide carried out 3,891 inspections between May 15 and June 15, detecting 3,114 violations related to smuggling and counterfeit goods. The campaign resulted in more than VND63 billion in fines.

Amid a surge in counterfeit and smuggled goods, efforts by law enforcement forces are crucial, but businesses themselves must also proactively protect their brands and forge strong connections with consumers.