Cancel
News

Vietnam’s electronic firm Asanzo found cheating customers

Xuan Thinh Tuesday | 10/29/2019 21:53

Photo: Vietnamnet

Asanzo’s electronic products were falsely labeled as "made in Vietnam" while most of accessories and components were imported.

The company has committed a series of offenses, including cheating customers, origin fraud, use of fake labels and tax evation, a news article posted on Government news portal cited Vice General Director of the General Department of Vietnam Customs Mai Xuan Thanh. 

The official unveiled the information at the meeting on Monday that made public the findings of the investigation regarding allegations that Asanzo has been selling Chinese goods disguised as made-in-Vietnam. 

Thanh said the assembly processes for some products were not carried out as the firm advertised with modern equipment, but in reality, all processes are executed manually by screwing different parts into complete products. 

Earlier, the Ho Chi Minh City Tax Department announced fine of $2.04 million against Asanzo. Vietnam’s customs authority is scheduled to report the case to Prime Minister Nguyen Xuan Phuc before October 30. 

The case was unveiled by Tuoi Tre newspaper, saying Asanzo had been found selling its self-claimed "made-in-Vietnam" products but actually imported from China.

Source: VGP

Same category news

Hot news of the day

Latest news