Local media last month reported that Asanzo, a local electronics manufacturer currently holding more than 16 percent of Vietnam’s TV receiver market share, did not produce but imported spare parts from China, then assembled them into finished products with “Made in Vietnam” labels for domestic sale.

‘Made in Vietnam’ products are required to have a localization rate of 30 percent and be partly produced in Vietnam. This is one of the criteria set by the Ministry of Industry and Trade in a draft circular providing criteria for products eligible to be classified as ‘made in Vietnam’.