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Vietnam launches crackdown on counterfeits amid US pressure

Chanel, Louis Vuitton, Gucci… Tran Le Chi loved fashion, but the US customs crackdown wreaked havoc on her wardrobe of counterfeits ‘made in Vietnam,’ caught in Washington’s crosshairs. “Clothes help me look trendy,” explained the 53-year-old woman, who sells illegal lottery tickets in Hanoi, the Vietnamese capital. “What does it matter to me...

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Business

The textile and clothing sector is recovering in Vietnam

After an unprecedented wave of layoffs, the sector recovered rapidly in the last quarter by abandoning its "zero-covid" policy. Vietnam, along with Cambodia, Bangladesh and more recently Burma, is a major supplier of clothing and textiles to the European Union (and the Western world in general). Its economy has been one of the best performing in...

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