Author: the-shiv

This archive features news articles written by our staff team. To learn more about the-shiv, visit our about page.

Retail: Vietnam cracks down on counterfeit goods at Saigon Square

housands of items suspected of violating intellectual property laws were seized during a surprise inspection at Saigon Square on May 29, VN Express has reported. Brands targeted included Rolex, Louis Vuitton, Gucci, Chanel, Hermès, Dior, and more, with counterfeit goods ranging from watches and handbags to eyewear and suitcases.

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Gold: Vietnam GS calls for end to state monopoly on gold bars

Vietnam’s General Secretary To Lam has called for an end to the state monopoly on gold bar production, urging a shift toward a “controlled and planned market” model that allows qualified enterprises to produce gold bars under state oversight, VN Express has reported. The move comes after a decade of State Bank monopoly over gold bar production, which has led to market distortions, a reduction in trading points, and restricted raw material supply.

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Logistics: Vietnam, France firms team up on US$492 million Hai Phong port expansion

Saigon Newport Corporation (SNP), under the Ministry of National Defense, will partner with France’s CMA CGM to build berths 7 and 8 at Lach Huyen, Hai Phong, with operation targeted for 2028, Cafe F has reported. The deep-water project is valued at VND 12.79 trillion or US$492 million, including VND 1.92 trillion or US$73.8 million in equity from SNP and VND 10.87 trillion or US$418.2 million in mobilised capital.

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Garments & textiles: Vietnamese industry leaders weigh Trump tariff pause and future risks

Former President Donald Trump’s remark distancing the US from producing items like “sneakers and T-shirts” has been welcomed by Vietnamese textile and footwear leaders as a sign that US tariffs may spare essential consumer goods like apparel, Tuoi Tre is reporting. Industry leaders see it as a positive signal amid a 90-day suspension of reciprocal US tariffs—but remain wary of deeper vulnerabilities.

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