Origin fraud threatens Vietnamese exports

by VTV419 November 2019 Last updated at 20:58 PM

VTV.vn - In late October, Vietnamese customs announced that it had discovered 4.3 billion USD worth of Chinese aluminium that was ready to be exported to the US.

This incident was a sign that Vietnam is possibly being exploited as a transit point for tax evasion. Export items such as plywood, artificial stones, iron, and steel are now being investigated by the US. In addition to the ministries monitoring the origin of goods, businesses themselves also need to be more responsible when it comes to combating origin fraud and tax evasion to avoid hurting the reputations of businesses as well as the exports of the whole economy.

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