Counterfeit crackdown in HCM City results in $24,600 in fines

2h ago
16-05-2026 13:22:54+07:00

Counterfeit crackdown in HCM City results in $24,600 in fines

Authorities in HCM City have intensified a sweeping crackdown on counterfeit and intellectual property-infringing goods across markets, shopping centres and e-commerce platforms, with administrative fines reaching VNĐ650 million (US$24,600).

Market surveillance officers inspect Bến Thành Market in HCM City. — VNA/VNS Photo

The city’s Market Surveillance Sub-Department said Market Surveillance Team No. 18 recently inspected 16 fashion retailers dealing in clothing, footwear and eyewear. Inspectors seized 405 counterfeit products bearing globally recognised brands such as Gucci, Ray-Ban and Adidas.

The 16 businesses were fined a combined VNĐ150 million, while counterfeit goods valued at more than VNĐ111 million were ordered be destroyed.

Meanwhile, Market Surveillance Team No. 4 uncovered a string of cases involving counterfeit, untraceable and trademark-infringing goods at major tourist shopping hubs, including Saigon Square and Bến Thành Market.

Authorities said vendors at Saigon Square quickly reacted when inspectors arrived, activating internal warning systems and shutting stalls to evade checks. Despite this, officers still found large quantities of watches, sunglasses, handbags, suitcases and fashion products suspected of violating trademark protections in Việt Nam.

At Bến Thành Market, hundreds of suspected counterfeit watches, handbags and sunglasses were also seized for further investigation.

​The city’s market surveillance force said inspections will continue to focus on hotspots linked to counterfeit and untraceable goods, while authorities will step up awareness campaigns encouraging traders to comply with regulations and help build a more transparent retail environment that protects consumers and the city’s tourism reputation.

Since the start of the year, Market Surveillance Team No. 4 has handled 49 violation cases, issuing fines of more than VNĐ500 million. All confiscated goods have been destroyed to prevent low-quality products from re-entering the market.

Officials noted that counterfeit goods trade remains difficult to curb due to strong demand for low-cost products among some consumers and tourists, combined with increasingly sophisticated supply chains and distribution networks.

In some instances, violators were found to treat administrative penalties as simply part of their operating costs.

Bizhub

- 16:59 15/05/2026





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam urged to shift from sourcing base to food hub

Vietnam should offer more policies to encourage a new generation of foreign investment in agriculture and food, including sourcing, processing, technology...

Lite-On Technology to inject additional $149 million into Vietnam

Taiwanese electronics maker Lite-On Technology plans to inject an additional $149 million into its wholly owned subsidiaries in Vietnam to expand production...

Việt Nam eyes deeper access to South Korea beyond traditional exports

Experts said one of the most effective new approaches for Vietnamese firms is to leverage the extensive network of South Korean manufacturers already operating in...

Vietnam’s gaming industry levels up for global expansion

Vietnam's gaming industry is entering a new growth phase as local developers expand beyond the domestic market, supported by rising digital capabilities, stronger...

Việt Nam's wood firms seek clarity on VAT rules amid export concerns

Việt Nam’s wood industry is seeking clearer VAT rules as inconsistent enforcement across provinces raises compliance risks, delays tax refunds and complicates...

Intel deepens engagement in Việt Nam’s semiconductor industry

According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global...

Vietnam targets $300 billion digital technology industry by 2030

Deputy Prime Minister Ho Quoc Dung approved a key decision on May 13, approving the digital technology industry development programme for 2026-2030.

Asia Ingredients Group breaks ground on coconut processing plant

On May 11, Asia Ingredients Group officially broke ground on the Asia Coconut Processing Plant II at Long Phuoc Industrial Cluster in Vinh Long province.

Poultry sector adapts to global challenges, eyes new export opportunities

Rising costs, export disruptions, and falling prices are putting pressure on the poultry industry, prompting firms to cut costs, diversify markets, and accelerate...

New Vietnam power technology catalogue maps renewable energy and grid expansion path

The Vietnam Technology Catalogue 2026 provides updated data on electricity generation, energy storage, and power transmission technologies to support the country’s...


MOST READ


Back To Top