Market Management Team No.27 under HCMC Market Management Department sequestered over 1,800 wallets and handbags suspect to be counterfeits of well-known brand names such as Gucci, Chanel and Versace at a location in District 12 on December 20.
The owner of the consignment said that the above products were made in China and transported from Hanoi to HCMC without invoices and related documents.
Previously the team inspected and seized a similar consignment in District 9.
Last week the city Market Management Department continuously uncovered and seized tens of thousands of illicit cosmetics, clothes and handbags counterfeiting famous brand names in the word .
The agency has furthered supervision over production and trading of consumer goods especially commodities for Tet holidays.
The Hai Phong City People's Committee in coordination with Hateco Group held the inauguration ceremony for Hateco Hai Phong International Container Terminal (HHIT) at Lach Huyen Port on April 5.
A team of inspectors from multiple responsible agencies has concluded its inspection of 44 rice export traders operating in the Mekong Delta region, said the Ministry of Industry and Trade.
While AmCham acknowledges the need to address the growing trade deficit between the two nations, it strongly urges the US administration to consider implementing a grace period.
Enterprises in HCMC are proactively exploring new markets beyond the traditional US market while diversifying their product offerings tailored to various customer segments across different countries.
Vietnam, with a population exceeding 100 million, has fewer than 1 million registered businesses. Hence, the country is strategically building a large, strong business community as a national priority.
Minister of Industry and Trade Nguyen Hong Dien sent an official diplomatic note to the US authorities, proposing a temporary suspension of the decision to implement a 46 percent tariff on certain goods imported from Vietnam.
Prime Minister Pham Minh Chinh signed Decision No.713/QD-TTg to establish a task force to strengthen cooperation and proactively adapt to changes in US economic and trade policies on April 4.
Ho Chi Minh City is exploring a "one-stop" mechanism to facilitate investment in creative start-up firms, according to Director Lam Dinh Thang of the Department of Science and Technology.
The VN-Index suffered its steepest single-day drop in history, plunging 89 points, or 6.68 percent, just shy of the 7 percent daily limit set by HOSE regulations.
The retail prices of petrol were revised upward on April 3 afternoon following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Vietnam’s transfer of state-owned enterprises (SOEs) to the Ministry of Finance signals a push for reform, aiming to improve efficiency and contribution to national growth amidst evolving economic policies.
The agricultural sector is increasingly adopting smart devices, IoT, and AI-based technologies to foster sustainable development, enhance crop yields, manage pests and diseases, and improve farmer productivity.
To effectively implement Ho Chi Minh City's 2025 digital transformation agenda, local authorities, organizations, and businesses have focused on enhancing digitization within their respective sectors.
As part of its ongoing efforts to address housing needs, Ho Chi Minh City has announced plans to initiate the construction of eight social housing projects in 2025, said Director of the Ho Chi Minh City Department of Construction Tran Hoang Quan.
Vietnam has been attracting and utilizing foreign direct investment (FDI) for nearly four decades since 1988. This capital flow is regarded as one of the key pillars of economic growth.
PM Pham Minh Chinh affirmed that Vietnam’s recent concrete and practical actions have been highly positive and appropriate, demonstrating its goodwill in fostering balanced and sustainable economic and trade cooperation with the US.
Despite recognising the importance of innovation, Vietnam still lacks specific mechanisms and policies to promote innovation in key emerging fields in business and technology.
The Ho Chi Minh City Public Security launched a special 50-day emulation campaign to mark the 50th anniversary of Southern Liberation and National Reunification (April 30, 1975-2025) on April 1.
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