Georgia and Azerbaijan sign landmark energy and transport agreements in Baku
In a sweeping diplomatic push in Baku, Georgia and Azerbaijan have signed a landmark package of energy and transport agreements, cementing a partne...
Vietnamese authorities have confiscated thousands of counterfeit luxury products, including fake Rolex watches and Prada handbags, during a raid at Saigon Square Shopping Mall in Ho Chi Minh City, state media reported Friday.
The operation marks a high-profile step in Vietnam’s intensifying crackdown on counterfeit goods and digital piracy, a campaign spurred by mounting pressure from the United States, which has threatened punitive tariffs and labeled Vietnam a major hub for counterfeit trade.
According to state radio broadcaster VOV, the seizure also included alleged fake products mimicking several other luxury brands, such as Gucci, Louis Vuitton, Dior, Hermès, and Longines.
“All of these products show signs of counterfeiting genuine goods, seriously affecting the interests of consumers as well as the reputation of protected brands in Vietnam,” the country’s market surveillance department under the Ministry of Industry and Trade said in a statement.
High-Profile Target
Saigon Square, a prominent shopping venue popular with tourists and locals, had already been identified in January by the U.S. Trade Representative (USTR) as one of the world’s "notorious markets for counterfeiting". Earlier this month, Reuters reported that fake luxury goods were openly displayed at the mall.
An employee at the mall, speaking anonymously, confirmed the raid to Reuters, but distanced management from the vendors' activities.
“We lease the space to the sellers and are not aware of the origins and authenticity of the products they sell,” the employee said.
International Pressure and Trade Risks
The seizure underscores Vietnam’s response to growing international scrutiny. Washington has previously warned that Vietnam’s failure to curb counterfeit trade and digital piracy could trigger trade penalties, including tariffs on key exports.
With Vietnam playing an increasingly vital role in global supply chains, particularly in electronics, textiles, and consumer goods, compliance with intellectual property protections is becoming a strategic trade issue for Hanoi.
Further inspections and enforcement actions are expected as authorities signal a broader effort to clean up the country’s image and improve compliance with international trade norms.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialogue and advancing cooperation in urban development. Organisers say there are nearly 3 billion people globally who face some form of housing inadequacy.
U.S. President Donald Trump said on Monday he had paused a planned attack on Iran after appeals from the leaders of Qatar, Saudi Arabia and the United Arab Emirates, allowing negotiations to continue over a possible deal to end the conflict.
A 5.2 magnitude earthquake struck China’s Guangxi region early on Monday, killing two people and forcing more than 7,000 residents in Liuzhou to evacuate as rescue efforts continued.
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo (DRC) and Uganda a Public Health Emergency of International Concern (PHEIC), warning that the situation poses a significant risk of cross-border spread in Central Africa.
Germany will deploy a Patriot air-defence battery to Türkiye in the coming weeks as part of a NATO mission aimed at strengthening the alliance’s south-eastern flank, German officials have said.
Estonia said on Tuesday (19 May) that a NATO fighter jet shot down a suspected Ukrainian drone over its territory, in the latest reported airspace violation in the region amid ongoing Ukrainian strikes against Russia.
Sweden has agreed to buy four naval frigates from France’s Naval Group in a deal worth more than $4 billion, as Stockholm moves to strengthen its defence capabilities in the Baltic Sea, Prime Minister Ulf Kristersson said on Tuesday.
Spanish police said on Tuesday they had detained a 25-year-old man suspected of killing his two parents and injuring four other people, including his son, in a shooting in the southern city of El Ejido in Almeria province overnight.
European Union negotiators are expected to agree on Tuesday (19 May) on legislation removing import duties on U.S. industrial goods, in a move aimed at implementing last year’s trade agreement with the United States and avoiding higher tariffs threatened by U.S. President Donald Trump.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment