Vietnam: The case of 5 containers suspected of being scammed in UAE, filling the risk gap

Updated Aug 8, 2023
The Vietnam Trade Office in the UAE recommends that Vietnamese exporters be cautious, carefully negotiate payment terms to ensure safety and learn before signing the contract. In order to ensure the interests of Vietnamese exporters from the case of pepper, cinnamon, cashew and star anise shipments worth more than half a million USD exported to Dubai, the United Arab Emirates (UAE) is suspected of being cheated. In the past few days, the Vietnamese Embassy and the Vietnam Trade Office in the UAE, along with the Dubai authorities, have been actively involved. Up to now, 4 consignments of pepper, cinnamon and cashew have been taken out of the port by the buyer, while the seller, who is a Vietnamese enterprise, has not yet received payment. Another shipment of star anise is kept at the port in Dubai. Acknowledging this incident, Mr. Tran Thanh Hai, Deputy Director of the Import-Export Department (Ministry of Industry and Trade), said that through the information reflected, a common ...
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