Vietnam, China exchange market management experience
Deputy Minister of Industry and Trade Dang Hoang An held talks with deputy head of the Chinese State Administration for Market Supervision (SAMR) Pu Chun in Hanoi on June 5, during which they exchanged information and experience regarding market management.
Hanoi (VNA) – Deputy Minister of Industry andTrade Dang Hoang An held talks with deputy head of the Chinese StateAdministration for Market Supervision (SAMR) Pu Chun in Hanoi on June 5, duringwhich they exchanged information and experience regarding market management.
The meeting is expected to mark a start forcooperation between the Vietnamese Ministry of Industry and Trade (MoIT) and theVietnam Directorate of Market Surveillance (DMS), and the SAMR, said An.
Pu Chun, for his part, said the MoIT is the first agency a SAMR leader has visited since its establishment in 2018, expressing hiswillingness and wish to partner with the MoIT and its DMS, especially in foodsafety inspection and management.
Tran Huu Linh, head of the DMS, suggested the twosides increase the exchange of information about counterfeit goods, particularlyfood of unknown origin, and soon sign a memorandum of understanding (MoU) on cooperationbetween the MoIT and the SAMR in order to step up their information exchanges.
Statistics by Vietnamese customs show that trade betweenVietnam and China reached 175.56 billion USD last year, up 5.47% from 2021, ofwhich Vietnam’s exports were value at 57.7 billion USD, up 3.18% and itsimports were 117.8 billion USD, up 6.63%.
Notably, China remained Vietnam’s biggest tradepartner, largest exporter and second biggest buyer, after only the US./.
Minister of Industry and Trade Tran Tuan Anh has asked market management forces to improve their performance in protecting the legitimate rights and interests of businesses and people.
The General Department of Market Surveillance under the Ministry of Industry and Trade said that the market management force would focus on fighting counterfeit goods, goods that infringe intellectual property rights and goods of unknown origin on both traditional trade and digital platforms from April 1 to the end of December 2025.
The Vietnam Directorate of Market Surveillance (DMS) on April 25 signed a Memorandum of Understanding (MoU) with Schott AG, a leading group in the areas of specialty glass, glass-ceramics and glass innovations from Germany, aiming to promote cooperation in combating counterfeits products and enforcing intellectual property (IP) rights of Schott AG brands in Vietnam.
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