Trade Ministry suggests alternatives to “Made in Vietnam” label

The Ministry of Trade and Industry (MoIT) is drafting a decree relating to the origin of items produced or manufactured in Vietnam in an effort to protect the interests of domestic consumers and combat trade fraud.

According to the MoIT, many local businesses have deceived consumers by importing spare parts to assemble a product locally and then labelling it as a “Vietnamese product”, “Country of origin: Vietnam”, or “Made in Vietnam”. Many even go so far as to label it as a “high-quality product”.

The MoIT has stated that Vietnam has released regulations on the origin of a product, including methods on naming a product of Vietnamese origin. These regulations apply to imported and exported products, helping the products enjoy preferential tariffs in line with free trade agreements that the country has signed up to.

In terms of locally made products, including those that are manufactured from imported materials and then put into circulation, the country has yet to issue any regulations regarding whether they are “products of Vietnam” or “manufactured in Vietnam”.

Under the draft decree, Vietnamese products will class as those that are purely of Vietnamese origin, or those that are made in Vietnam from all raw materials which originate in the country. Products that are of non-pure origin or are not produced locally but are fully fabricated and processed in Vietnam that fundamentally change their nature are Vietnamese products.

Items which are simply fabricated or processed domestically therefore cannot be considered to be products of Vietnamese origin.

Furthermore, the common phrase “Made in Vietnam” will no longer exist, instead the MoIT has put forward several phrases to replace it. These include “Produced in Vietnam”, “Manufactured in Vietnam”, “Country of Production: Vietnam”, “Country of Origin: Vietnam”, and “Produced by Vietnam”.

In the event that there is uncertainty surrounding the origin of a product, organisations and inpiduals may choose from a number of different phrases that describe the main process of fabrication or processing locally. These include “Designed in Vietnam”, “Designed by + name of Company / Group”, “Assembled in Vietnam”, “Completed in Vietnam”, “Assembled by + name of Company / Group”, “Processed by + name of Company / Group”, “A product of + name of Company / Group Name”, or “Packaged and labeled by + name of Company / Group”.

The MoIT hopes that the impending decree will provide a mechanism in order to help prevent trade fraud, safeguard domestic production, and ultimately protect the interests of consumers.

Source: VOV
vov.vn

Related News

Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2024

Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2024

The Vietnam Customs Statistics announced that in the second half of November, 2024 the total Vietnam’s exports of US dollars 16.9 billion and imports of nearly US dollars 15.73 billion resulted in a trade surplus of US dollars 1.17 billion.
Prioritizing semiconductor workforce training

Prioritizing semiconductor workforce training

VCN - Vietnam is well-positioned to participate deeply in the global semiconductor industry. Experts believe that developing a skilled workforce in microchips and semiconductors should be a long-term priority to effectively capitalize on this opportunity.
Total import-export turnover reaches US$715.55 billion in 11 months

Total import-export turnover reaches US$715.55 billion in 11 months

VCN - In November, total import-export turnover amounted to US$66.4 billion, down 4.1% compared to the previous month but up 9.0% compared to the same period last year.
Customs sector collects over VND384 trillion in revenue

Customs sector collects over VND384 trillion in revenue

VCN - By the end of November, the Customs revenue exceeded the estimate by 2.6% and increased by 14.8% compared to the same period in 2023, the General Department of Vietnam Customs released on December 11.

Latest News

Year-end stimulus expected to boost economic growth

Year-end stimulus expected to boost economic growth

A series of year-end stimulus solutions is expected to spur Việt Nam’s economy to achieve the GDP growth target of over 7 per cent this year.
Enterprises focus on Tet care for employees

Enterprises focus on Tet care for employees

VCN - Tet bonuses are always an issue that receives special attention from employees at the end of each year. This year, the economy is facing many difficulties, many enterprises in the southern provinces have announced Tet bonuses, reflecting their tireless efforts to ensure the rights of employees.
Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.

More News

PM asks efforts to achieve more than 8 per cent economic growth in 2025

PM asks efforts to achieve more than 8 per cent economic growth in 2025

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.
Việt Nam

Việt Nam's administrative restructuring will not impact foreign investors, says Foreign Ministry

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.
Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Prime Minister Pham Minh Chinh, head of the Government Steering Committee for summarising the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, which seeks to streamline the political system for greater efficiency and effectiveness, chaired the fifth meeting of the committee in Hanoi on December 19.
Vietnam among Asia’s 15 largest economies

Vietnam among Asia’s 15 largest economies

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.
Chinese media praises Vietnam’s economic achievements, outlook

Chinese media praises Vietnam’s economic achievements, outlook

Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.
Vietnam International Defence Expo 2024 opens

Vietnam International Defence Expo 2024 opens

The Vietnam International Defence Expo 2024 is due to kick off on December 19 morning at Gia Lam airport in Hanoi, gathering more than 200 units and enterprises from over 30 countries worldwide.
Vietnam sees growing number of Chinese investors: forum

Vietnam sees growing number of Chinese investors: forum

With sustained economic growth over years, Vietnam continues to impress and attract an increasing number of Chinese investors, participants said at an investment and trade forum between Ho Chi Minh City and China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in the southern economic hub on December 17.
Border gate planning: Issues for Lang Son

Border gate planning: Issues for Lang Son

VCN - In order to exploit and promote the potential and economic strengths of border gates, helping to realize the aspiration of turning Lang Son into a "green border city" with a "border gate urban area", the requirements for openness and connectivity in border gate planning need to be clearly oriented, allocated and used effectively. In particular, the planning of border gate areas must be associated with the goal of digital transformation, in which human resources, equipment and infrastructure are prioritized.
Read More

Your care

Latest Most read
Year-end stimulus expected to boost economic growth

Year-end stimulus expected to boost economic growth

A series of year-end stimulus solutions is expected to spur Việt Nam’s economy to achieve the GDP growth target of over 7 per cent this year.
Enterprises focus on Tet care for employees

Enterprises focus on Tet care for employees

VCN - Tet bonuses are always an issue that receives special attention from employees at the end of each year. This year, the economy is facing many difficulties, many enterprises in the southern provinces have announced Tet bonuses, reflecting their tirel
Experts point out economic growth drivers, challenges for next year

Experts point out economic growth drivers, challenges for next year

Several growth drivers are in place to help Việt Nam achieve its GDP growth rate goal of 6.5-7 per cent next year, but rapid and strong international fluctuations remain challenges to watch out for.
Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
PM asks efforts to achieve more than 8 per cent economic growth in 2025

PM asks efforts to achieve more than 8 per cent economic growth in 2025

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.
Mobile Version