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Origin fraud risks rise as Chinese steel continues to pour into Vietnam

Origin fraud risks rise as Chinese steel continues to pour into Vietnam

Experts believe Vietnam is importing more steel than it can consume, mainly from China, increasing the risk of  origin fraud.
Goods origin fraud a mounting threat to Vietnamese exports

Goods origin fraud a mounting threat to Vietnamese exports

Authorities are finding more and more Chinese-made exports masquerading as Vietnam-made goods, threatening both domestic production and legitimate exports.
November 5, 2019 | 04:47 pm PT
Vietnam customs officers seize 2.5 tons of illegal chewing herbs smuggled from Africa

Vietnam customs officers seize 2.5 tons of illegal chewing herbs smuggled from Africa

The narcotic leaf contains cathinone, a stimulant that has similar effects to amphetamine.
May 12, 2018 | 12:04 am PT
Vietnamese subsidiary of Taiwan’s Formosa suspected of transfer pricing

Vietnamese subsidiary of Taiwan’s Formosa suspected of transfer pricing

Vietnamese customs authorities have accused Formosa Ha Tinh Steel Corporation (FHS) of transfer pricing after the Taiwanese-invested firm was found to have manipulated the prices of imported machinery and equipment on several ocassions.
May 27, 2016 | 03:19 am PT
Vietnam’s exports and imports lean on foreign enterprises

Vietnam’s exports and imports lean on foreign enterprises

Foreign enterprises accounted for about 65 percent and contributed nearly $70 billion to Vietnam’s total export and import value in the first four months.
May 20, 2016 | 08:32 pm PT
Vietnam fires up oil product imports from regional neighbors

Vietnam fires up oil product imports from regional neighbors

Vietnam imported a combined 4.2 million tons of refined products from Singapore and Malaysia in the first four months of 2016, with the two Southeast Asian neighbors topping the country's list of suppliers.
May 19, 2016 | 02:37 am PT
Automobile imports drop off but Thailand accelerates to pole position

Automobile imports drop off but Thailand accelerates to pole position

Vietnam imported 29,000 completely built unit cars in the first four months of 2016, with Thailand supplying around a third of them.
May 19, 2016 | 12:54 am PT
Vietnam posts trade surplus of $1.76 billion in first four months

Vietnam posts trade surplus of $1.76 billion in first four months

Vietnam registered a trade surplus of $1.76 billion in the first four months of the year, according to statistics from Vietnam Customs.
May 18, 2016 | 02:35 am PT
U.S. buys up over $10 billion worth of Vietnamese goods in first four months

U.S. buys up over $10 billion worth of Vietnamese goods in first four months

The U.S. was Vietnam's first export market to break the $10 billion barrier in the first four months of the year, and continued to be Vietnam’s largest export market making up nearly 21.6 percent of the nation’s total export value during that period.
May 17, 2016 | 04:29 am PT
Vietnam Customs names new director general

Vietnam Customs names new director general

Nguyen Van Can, current deputy director general of Vietnam Customs, is set to be appointed the new director general on May 1.
April 19, 2016 | 12:55 am PT
 
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