Ajman Bank (UAE) has refunded money to businesses, the total amount of money businesses have been refunded for 4 shipments is 354,990.42 USD…
On October 13, information from the Vietnam Pepper and Spice Association said that 4/5 containers of pepper, cinnamon, and cashew goods that were scammed in Dubai were recovered.
The information clearly states that on July 15, 2023, after receiving reports of a number of businesses being defrauded of 5 containers of pepper, cinnamon, cashew and star anise in Dubai, the Pepper and Spice Association Vietnam has coordinated with the Vietnam Cashew Association and businesses, banks, express delivery companies, and shipping lines to compile information and report the incident, including recommendations to Government agencies, Ministries, and branches. Vietnam Embassy and Trade Office in UAE, UAE Embassy in Hanoi and press and television news agencies.
Previously, on the afternoon of July 17, the Vietnam Pepper Association sent an official dispatch to businesses in the Association and issued warnings when trading into the Dubai-UAE market. Official dispatch warns of the risk of export fraud recurring. According to warnings of some agricultural export enterprises shared with the Association, from June 2023, some Vietnamese enterprises, when signing contracts to export agricultural products such as pepper, cinnamon, cashew… to Dubai, have encountered difficulties. payment problems.
After nearly 3 months of active work, with coordination and cooperation between the parties, from October 10-12, 2023, Ajman Bank (UAE) refunded money to businesses, the total amount The businesses were reimbursed for four shipments of $354,990.42 out of a total of $355,232 in total value of the shipments.
As for one shipment of star anise currently located at Jebel Ali port from July 26, 2023, the business is continuing to work with Ajman Bank and requires payment of all costs incurred including warehouse fees, Lawyer fees, costs of bringing goods back to the port of origin (Hai Phong)…
The Vietnam Pepper and Spice Association will continue to report and update the situation in the following days.
According to the representative of the Vietnam Pepper and Spice Association, today’s results cannot fail to mention the timely attention and direction of the Prime Minister, the focal role of the Ministry of Foreign Affairs and the Ministry of Foreign Affairs. with the support and cooperation of relevant ministries including: Ministry of Industry and Trade, State Bank, Ministry of Agriculture and Rural Development, Ministry of Transport, Ministry of Justice, diplomatic representative agencies of Vietnam in the UAE, including Ambassador Nguyen Manh Tuan and Commercial Counselor Truong Xuan Trung.
The Association thanks the Prime Minister’s attention and direction, the participation of ministries, branches, and diplomatic agencies of Vietnam and the UAE for actively supporting and cooperating to help protect legitimate interests. of Vietnamese export enterprises.
Through this incident, the Association also notes that businesses need to be more careful in negotiating, choosing partner verification, signing payment terms and contracts to avoid repeating similar incidents. sorry next time.
Source: vneconomy.vn