
Exclusive: Vietnam cranks up fight on imported counterfeits amid US tariff talks
HANOI, May 13 (Reuters) - Vietnam is stepping up its fight against counterfeits and digital piracy after the United States accused the country of being a major hub for these illegal activities and threatened crippling tariffs, documents reviewed by Reuters show.
Among products that are subject to increased inspections at borders to ascertain their authenticity are luxury goods from Prada (1913.F), opens new tab and Gucci owner Kering (PRTP.PA), opens new tab, electronic devices made by Google (GOOGL.O), opens new tab and Samsung (005930.KS), opens new tab, and toys from Mattel (MAT.O), opens new tab and Lego, according to a document dated April 1 from the customs department of the finance ministry.
Consumer goods such as shampoos and razors sold by Procter & Gamble (PG.N), opens new tab and Johnson and Johnson (JNJ.N), opens new tab products are also included in the list, the document showed.
The crackdown focuses on imported counterfeits, not those that could be made in Vietnam, which are also of concern to the administration of U.S. President Donald Trump.
A clampdown on the use of counterfeit software is also underway, according to a warning from inspectors at the Ministry of Culture sent on April 14 to a local company, whose name was redacted from the document seen by Reuters.
The letter, it says, followed a complaint from the Business Software Alliance (BSA), the industry's global trade association, whose members include Microsoft (MSFT.O), opens new tab, Oracle (ORCL.N), opens new tab and Adobe (ADBE.O), opens new tab.
A person familiar with the matter said similar letters have been sent to dozens of companies since the start of April.
Vietnam's finance and culture ministries and the customs department did not reply to requests for comment, nor did any of the mentioned companies.
A spokesperson for BSA said it has for years urged Vietnam to monitor and take action against the unauthorised use of software.
Vietnam's recent moves are part of an array of measures taken or pledged by the Southeast Asian export-reliant industrial hub to persuade the Trump administration to reconsider punitive tariffs. Vietnam faces duties of 46% on exports to the U.S., its largest market, if confirmed in July after a global pause.
Vietnam and the U.S. began informal talks to avoid tariffs well before Trump announced global "reciprocal" duties on April 2.
Enhanced protection of intellectual property, including the fight against counterfeits and digital piracy, is among the issues being discussed with the U.S. in ongoing tariff talks.
Also under discussion are the reduction of Vietnam's big trade surplus, the fight against trade fraud such as illegal transshipment, and lowering tariff and non-tariff barriers for U.S. businesses, according to a person briefed on the matter.
Prime Minister Pham Minh Chinh last month instructed officials to strengthen the fight against trade fraud, "especially regarding the origin of goods, counterfeit goods."
The measures are meant to please Washington but some may irk China, which is the main source of Vietnam's imports.
Despite enhanced controls on imported counterfeits, fake luxury goods targeted by the authorities were on display last week at Saigon Square Shopping Mall in Vietnam's business hub Ho Chi Minh City.
The mall is on the list of "notorious markets for counterfeiting" published in January by the U.S. Trade Representative.
"They are not authentic and are made in China," said an attendant in one of the stalls in the market, referring to Prada wallets and bags she's selling.
She noted counterfeit Prada belts, also available at her stall, were made in Vietnam. The person declined to be named due to the sensitivity of the subject.
Calls to Saigon Square went unanswered. Its website, opens new tab says the mall offers "imitations of famous brands at low prices".
The USTR removed a Vietnamese marketplace at the border with China from its latest watchlist published in January after a crackdown by local authorities. It praised Vietnam's efforts to combat illegal practices, but also expressed concerns over continuing online sales of counterfeit products and Vietnam's role in producing fakes.
The Vietnamese platform of Singapore-based e-commerce giant Shopee remained a major hub for the sale of counterfeits, the USTR said.
"As more brands have shifted production from China to Vietnam, stakeholders report that Vietnam has become a key manufacturer of counterfeit products," the USTR said in a separate report published in April.
The USTR and Shopee did not reply to requests for comment.
To improve copyright protection Vietnam is planning to set up specialised courts "to fulfil Vietnam's commitment... to strictly enforce intellectual property rights" and attract foreign investment, according to a draft law reviewed by Reuters scheduled to be approved by parliament in June.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Mail
4 hours ago
- Daily Mail
Layoffs sweep America as AI leads job cut 'bloodbath'
Elon Musk and hundreds of other tech mavens wrote an open letter two years ago warning AI would 'automate away all the jobs' and upend society. And it seems as if we should have listened to them. Layoffs are sweeping America, nixing thousands of roles at Microsoft, Walmart, and other titans, with the newly unemployed speaking of a'bloodbath' on the scale of the pandemic. This time it's not blue-collar and factory workers facing the ax - it's college grads with white-collar roles in tech, finance, law, and consulting. Entry-level jobs are vanishing the fastest, stoking fears of recession and a generation of disillusioned graduates left stranded with CVs no one wants. Graduates are now more likely to be unemployed than others, data has shown. Chatbots have already taken over data entry and customer service posts. Next-generation 'agentic' AI can solve problems, adapt, and work independently. These 'smartbots' are already spotting market trends, running logistics operations, writing legal contracts, and diagnosing patients. The markets have seen the future: AI investment funds are growing by as much as 60 per cent a year. 'The AI layoffs have begun, and they're not stopping,' says tech entrepreneur Alex Finn. Luddites who don't embrace the tech 'will be completely irrelevant in the next five years,' he posted on X. Procter & Gamble, which makes diapers, laundry detergent, and other household items, this week said it would cut 7,000 jobs, or about 15 per cent of non-manufacturing roles. Its two-year restructuring plan involves shedding managers who can be automated away. Microsoft last month announced a cull of 6,000 staff - about three per cent of its workforce - targeting managerial flab, after a smaller round of performance-related cuts in January. LA-based tech entrepreneur Jason Shafton said the software giant's layoffs spotlight a trend 'redefining' the job market. 'If AI saves each person 10 per cent of their time (and let's be real, it's probably more), what does that mean for a company of 200,000?' he wrote. Retail titan Walmart, America's biggest private employer, is slashing 1,500 tech, sales, and advertising jobs in a streamlining effort. Citigroup, cybersecurity firm CrowdStrike, Disney, online education firm Chegg, Amazon, and Warner Bros. Discovery have culled dozens or even hundreds of their workers in recent weeks. Musk himself led a federal sacking spree during his 130-day stint at the Department of Government Efficiency, which ended on May 30. Federal agencies lost some 135,000 to firings and voluntary resignation under his watch, and 150,000 more roles are set to be mothballed. Employers had already announced 220,000 job cuts by the end of February, the highest layoff rate seen since 2009. In announcing cuts, executives often talk about restructuring and tough economic headwinds. Many are spooked by President Donald Trump's on-and-off tariffs, which sent stock markets into free-fall and prompted CEOs to second-guess their long-term plans. Others say something deeper is happening, as companies embrace the next-generation models of chatbots and AI. Robots and machines have for decades usurped factory workers. AI chatbots have more recently replaced routine, repetitive, data entry, and customer service roles. A new and more sophisticated technology - called Agentic AI - now operates more independently: perceiving the environment, setting goals, making plans, and executing them. AI-powered software now writes reports, analyzes spreadsheets, creates legal contracts, designs logos, and even drafts press releases, all in seconds. Banks are axing graduate recruitment schemes. Law firms are replacing paralegals with AI-driven tools. Even tech startups, the birthplace of innovation, are swapping junior developers for code-writing bots. Managers increasingly seek to become 'AI first' and test whether tasks can be done by AI before hiring a human. That's now company policy at Shopify and is how fintech firm Klarna shrank its headcount by 40 per cent, CEO Sebastian Siemiatkowski told CNBC last month. Experienced workers are encouraged to automate tasks and get more work done; recent graduates are struggling to get their foot in the door. From a distance, the job market looks relatively buoyant, with unemployment holding steady at 4.2 per cent for the third consecutive month, the Labor Department reported on Friday. But it's unusually high - close to 6 per cent - among recent graduates. The Federal Reserve Bank of New York recently said job prospects for these workers had 'deteriorated noticeably'. That spells trouble not just for young workers, but for the long-term health of businesses - and the economy. Economists warn of an AI-induced downturn, as millions lose jobs, spending plummets, and social unrest festers. It's been dubbed an industrial revolution for the modern era, but one that's measured in years, not decades. Dario Amodei, CEO of Anthropic, one of the world's most powerful AI firms, says we're at the start of a storm. AI could wipe out half of all entry-level white-collar jobs - and spike unemployment to 10-20 per cent in the next one to five years, he told Axios. Lawmakers have their heads in the sand and must stop 'sugar-coating' the grim reality of the late 2020s, Amodei said. 'Most of them are unaware that this is about to happen,' he said. 'It sounds crazy, and people just don't believe it.' Frustrations: Sacked workers have taken to social media to vent their frustrations about the new tech crunch Young people who've been culled are taking to social media to vent their anger as the door to a middle-class lifestyle closes on them. Patrick Lyons calls it 'jarring and unexpected' how he lost his Austin-based program managing job in an 'emotionless business decision' by Microsoft. 'There's nothing the 6,000 of us could have done to prevent this,' he posted. A young woman coder, known by her TikTok handle dotisinfluencing, posts a daily video diary about the 'f***ing massacre' of layoffs at her tech company as 'AI is taking over'. Her job search is going badly. She claims one recruiter appeared more interested in taking her out for drinks than offering a paycheck. 'I feel like s***,' she added. Ben Wolfson, a young Meta software engineer, says entry-level software jobs dried up in 2023. 'Big tech doesn't want you, bro,' he said. Critics say universities are churning out graduates into a market that simply doesn't need them. A growing number of young professionals say they feel betrayed - promised opportunity, but handed a future of 'AI-enhanced' redundancy. Others are eyeing an opportunity for a payout to try something different. Donald King posted a recording of the meeting in which he was unceremoniously laid off from his data science job at consulting firm PwC. 'RIP my AI factory job,' he said. 'I built the thing that destroyed me.' He now posts from Porto, in Portugal - a popular spot for digital nomads - where he's founded a marketing startup. Industry insiders say it won't be long before another generation of AI arrives to automate new sectors. As AI improves, the difference between 'safe' and 'automatable' work gets blurrier by the day. Human workers are advised to stay one step ahead and build AI into their own jobs to increase productivity. Optimists point to such careers as radiology - where humans initially looked set to be outmoded by machines that could speedily read medical scans and pinpoint tumors. But the layoffs didn't happen. The technology has been adopted - but radiologists adapted, using AI to sharpen images and automate some tasks, and boost productivity. Some radiology units even expanded their increasingly efficient human workforce. Others say AI is a scapegoat for 2025's job cuts - that executives are downsizing for economic reasons, and blaming technology so as not to panic shareholders. But for those who have lost their jobs, the future looks bleak.


Daily Mail
21 hours ago
- Daily Mail
The silent bloodbath that's tearing through the middle-class and rapidly flipping the US economy on its head
Elon Musk and hundreds of other tech mavens wrote an open letter two years ago about how AI was coming to 'automate away all the jobs' and upend society. It looks like we should have listened to them. Layoffs are sweeping America, nixing hundreds of thousands of jobs at Microsoft, Walmart, and other titans. The newly jobless speak of a 'bloodbath' on the scale of the pandemic. This time, it's not blue-collar and factory workers getting whacked — it's college graduates with white-collar jobs in tech, finance, law, and consulting. Entry-level jobs are vanishing the fastest — stoking fears of recession and a generation of disillusioned graduates left stranded with CVs no one wants. College grads are now much more likely to be unemployed than others, official data show. Chatbots have already taken over data entry and customer service jobs. Next-generation 'agentic' AI can solve problems, adapt, and work independently. These 'smartbots' are already spotting market trends, running logistics operations, writing legal contracts, and diagnosing patients. The markets have seen the future: AI investment funds are growing by as much as 60 percent a year. 'The AI layoffs have begun, and they're not stopping,' says tech entrepreneur Alex Finn. Luddites who don't embrace the tech 'will be completely irrelevant in the next five years,' he posted on X. Procter & Gamble, which makes diapers, laundry detergent, and other household items, this week said it would cut 7,000 jobs, or about 15 percent of non-manufacturing roles. Its two-year restructuring plan involves shedding managers who can be automated away. Microsoft last month announced a cull of 6,000 staff — about 3 percent of its workforce — targeting managerial flab, after a smaller round of performance-related cuts in January. LA-based tech entrepreneur Jason Shafton said the software giant's layoffs spotlight a trend 'redefining' the job market. 'If AI saves each person 10 percent of their time (and let's be real, it's probably more), what does that mean for a company of 200,000?' he wrote. Retail titan Walmart, America's biggest private employer, is slashing 1,500 tech, sales, and advertising jobs in a streamlining effort. Citigroup, cybersecurity firm CrowdStrike, Disney, online education firm Chegg, Amazon, and Warner Bros. Discovery have culled dozens or even hundreds of their workers in recent weeks. Musk himself led a federal sacking spree during his 130-day stint at the Department of Government Efficiency, which ended on May 30. Federal agencies lost some 135,000 to firings and voluntary resignation under his watch, and 150,000 more roles are set to be mothballed. Memes like this being shared on social media reveal how badly white-collar jobs have been hit Employers had already announced 220,000 job cuts by the end of February, the highest layoff rate seen since 2009. In announcing cuts, executives often talk about restructuring and tough economic headwinds. Many are spooked by US President Donald Trump's on-and-off tariffs, which sent stock markets into free-fall and prompted CEOs to second-guess their long-term plans. Others say something deeper is happening, as companies embrace the next-generation models of chatbots and AI. Robots and machines have for decades usurped factory workers. AI chatbots have more recently replaced routine, repetitive, data entry and customer service roles. A new and more sophisticated technology — called Agentic AI — now operates more independently: perceiving the environment, setting goals, making plans, and executing them. AI-powered software now writes reports, analyses spreadsheets, creates legal contracts, designs logos, and even drafts press releases, all in seconds. Banks are axing graduate recruitment schemes. Law firms are replacing paralegals with AI-driven tools. Even tech startups, the birthplace of innovation, are swapping junior developers for code-writing bots. Managers increasingly seek to become 'AI first' and test whether tasks can be done by AI before hiring a human. That's now company policy at Shopify. It's how fintech firm Klarna shrank its headcount by 40 percent, CEO Sebastian Siemiatkowski told CNBC last month. Experienced workers are encouraged to automate tasks and get more work done; recent graduates are struggling to get their foot in the door. From a distance, the job market looks relatively buoyant, with unemployment holding steady at 4.2 percent for the third consecutive month, the Labor Department reported on Friday. But it's unusually high — close to 6 percent — among recent graduates. The Federal Reserve Bank of New York recently said job prospects for these workers had 'deteriorated noticeably.' That spells trouble not just for young workers, but for the long-term health of businesses — and the economy. Economists warn of an AI-induced downturn, as millions lose jobs, spending plummets, and social unrest festers. It's been dubbed an industrial revolution for the modern era, but one that's measured in years, not decades. Dario Amodei, CEO of Anthropic, one of the world's most powerful AI firms, says we're at the start of a storm. AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20 percent in the next one to five years, he told Axios. Lawmakers have their heads in the sand and must stop 'sugar-coating' the grim reality of the late 2020s, Amodei said. 'Most of them are unaware that this is about to happen,' he said. Sacked workers have taken to social media to vent their frustrations about the new tech crunch 'It sounds crazy, and people just don't believe it.' Young people who've been culled are taking to social media to vent their anger as the door to a middle-class lifestyle closes on them. Patrick Lyons calls it 'jarring and unexpected' how he lost his Austin-based program managing job in an 'emotionless business decision' by Microsoft. 'There's nothing the 6,000 of us could have done to prevent this,' he posted. A young woman coder, known by her TikTok handle dotisinfluencing, posts a daily video diary about the 'f*****g massacre' of layoffs at her tech company as 'AI is taking over,' she says. Her job search is going badly — one recruiter appeared more interested in taking her out for drinks than offering a paycheck, she said. 'I feel like s**t,' she added. Ben Wolfson, a young Meta software engineer, says entry-level software jobs dried up in 2023. 'Big tech doesn't want you, bro,' he says. Critics say universities are churning out graduates into a market that simply doesn't need them. A growing number of young professionals say they feel betrayed — promised opportunity, but handed a future of 'AI-enhanced' redundancy. Others are eyeing an opportunity for a payout to try something different. Donald King posted a recording of the meeting in which he was unceremoniously laid off from his data science job at consulting firm PwC. 'RIP my AI factory job,' he said. 'I built the thing that destroyed me.' He now posts from Porto, in Portugal — a popular spot for digital nomads — where he's founded a marketing startup. Industry insiders say it won't be long before another generation of AI arrives to automate new sectors. As AI improves, the difference between 'safe' and 'automatable' work gets blurrier by the day. Human workers are advised to stay one step ahead and build AI into their own jobs to increase productivity. Optimists point to such careers as radiology — where humans initially looked set to be outmoded by machines that could speedily read medical scans and pinpoint tumors. But the layoffs didn't happen. The technology has been adopted — but radiologists adapted, using AI to sharpen images and automate some tasks, and boost productivity. Some radiology units even expanded their increasingly efficient human workforce. Others say AI is a scapegoat for 2025's job cuts — that executives are downsizing for economic reasons, and blaming technology so as not to panic shareholders. But for those who have lost their jobs, the future looks bleak.


Reuters
a day ago
- Reuters
Philippines offers Indian nationals visa-free travel to boost tourism
MANILA, June 7 (Reuters) - The Philippines said on Saturday that Indian nationals will be allowed to enter the country without a visa for tourism purposes beginning June 8. The visa-free arrangement is aimed at boosting tourism arrivals from India, which rose 12% in 2024 to nearly 80,000, according to data from the Department of Tourism. Despite the growth, Indian arrivals to the Philippines remain a small portion of the over five million who travelled to Southeast Asia last year. Under the visa-free policy, Indian nationals can enter the Philippines without a visa for up to 14 days. Those holding valid visas or residence permits from the United States, Australia, Canada, Schengen countries, Singapore, or the United Kingdom can stay in the Philippines visa-free for up to 30 days.