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Vietnam takes measures to prevent trade frauds

Vietnam resolutely prevents and strictly handles trade and origin frauds in the domestic market as well as export-import activities in a bid to protect legitimate interests of local businesses and consumers, Foreign Ministry spokesperson Le Thi Thu Hang said on August 8.
Vietnam takes measures to prevent trade frauds ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA)
– Vietnam resolutely prevents and strictly handles trade andorigin frauds in the domestic market as well as export-import activities in abid to protect legitimate interests of local businesses and consumers, ForeignMinistry spokesperson Le Thi Thu Hang said on August 8.

Answering reporters’ queries on Vietnam’s measures to prevent foreign goods disguisedas “made-in-Vietnam” products for exports to the US, Hang said the VietnamesePrime Minister has ratified a project on strengthening State management over the prevention of trade remediesevasion and origin frauds.

The leader has instructed relevant ministries and agencies to drastically andsynchronously implement many measures to raise the awareness and intensify theState management over export-import activities and foreign investment,seriously observe legal regulations on trade remedies, origins and customs, theprevention of trade remedies evasion and mete out strict punishment to anyviolation.

The spokesperson said Vietnam’s relevant ministries and agencies have seriouslymaterialised the project, adding that the Ministry of Industry and Trade ispromptly building specific regulations and criteria, which will serve as thefoundation to identify made-in-Vietnam products.

Customs agencies have also coordinated with competent agencies to stepup inspection and supervision over export-import activities, especially goods proneto trade frauds, investigate and strictly handle trade frauds.

Besides, competent Vietnamese agencies have enhanced cooperation andinformation exchange with competent agencies of foreign countries in order toprevent, detect and promptly handle trade frauds in export-import activities,Hang said.-VNA 
VNA

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