# Tags
#News #World Economy

Vietnam Unleashes Crackdown on $12B Export Fraud Scheme to U.S.

Vietnam is mobilizing its entire trade enforcement apparatus in an emergency crackdown on fraudulent exports to the United States, according to a leaked government blueprint. The sweeping 15-page directive, marked ‘Confidential,’ orders immediate implementation of:

Key Fraud Tactics Under Scrutiny

  • False labeling of Chinese goods as “Made in Vietnam” (estimated $12B/year scheme)
  • Chinese solar manufacturers exploiting Vietnamese trade lanes to circumvent American sanctions
  • Falsified certificates for agricultural products
  • Underreporting of steel and aluminum exports to evade U.S. tariffs

New Enforcement Measures

  • 24/7 monitoring at 12 major export hubs
  • Mandatory blockchain-based certificates of origin by Q3 2025
  • 200% fines on fraudulent shipments (up from current 50%)
  • Lifetime export bans for repeat offenders

The crackdown comes as U.S.-Vietnam trade hits record 139 billion annually, with Washington increasingly vocal about “systemic abuse” of trade preferences. Just last month, U.S. Customs rejected 47 million in suspect Vietnamese textile shipments.

Leave a comment

Your email address will not be published. Required fields are marked *