The worldwide counterfeit and pirated goods industry is estimated to be worth almost half-a-trillion US dollars, and Vietnam is one of the most significant players in the illicit trade. But now the country’s government is seeking to change that.
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In May 2026, Vietnam was named by the US government as one of the worst offenders for Intellectual Property right violations.
Combined with fresh threats of renewed tariffs from the Trump administration, Vietnam’s government has launched a crackdown, targeting local vendors selling counterfeit goods.
On this episode of Asia Specific, host Mariko Oi delves into the counterfeit crackdown in Vietnam with two journalists: Duc Ha from the BBC World Service and Lindsey Tramuta, a freelance journalist based in Paris.
Read more about Vietnam’s crackdown here 👉🏽
https://www.bbc.com/news/articles/cdx7zzywz7wo
00:00 Introduction
01:10 The counterfeit industry’s global value and Asia’s role
02:10 Vietnam’s counterfeit industry
04:32 What’s behind Vietnam’s crackdown
06:33 Superfakes and ‘greedflation’
09:08 Tourism and how it affects fake goods vendors
10:48 Consumers preferring fake over authentic goods
12:23 Why are counterfeit goods bad for their buyers?
13:37 How is Vietnam dealing with the problem?
15:02 What is digital ID and will Vietnam use it?
15:41 Spotlighting local brands
16:41 Will the crackdown still happen without pressure from the US?
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