Standards for Wholesale Markets from August 1, 2024: What Are They? Obligations of Traders in Wholesale Markets
What are the Standards for Wholesale Markets from August 1, 2024?
According to Article 3 of Decree 60/2024/ND-CP, the standards for wholesale markets are stipulated as follows:
Scale (area): The minimum land area for the market's foundation is 10,000 m2, excluding the area for the precinct, paths, parking lots, and other auxiliary works.
Location: Connected with various forms of transportation, facilitating the flow of goods.
The categories of infrastructure include:
Essential infrastructure: parking lot, water supply and drainage systems, wastewater treatment, waste collection points, sanitation areas, and warehouses, goods collection parking lots;
Technical infrastructure requirements: fire prevention and fighting, food safety and environmental protection, and climate change response according to legal regulations;
Main areas: business areas for goods segmented by industry (including wholesale and retail zones); office headquarters; inspection, control, and quarantine zones (goods of animal and plant origin, import and export), traceability and quality management; sorting and preliminary processing areas, packaging, and goods packing areas; warehouses for collection, delivery, and receipt of goods; service areas supporting essential services and goods loading and unloading areas for trucks and Containers.
Wholesale markets that have been invested in, constructed, and are already operational before this Decree takes effect, may continue to operate according to the investment project.
What are the standards for wholesale markets from August 1, 2024? What are the obligations of merchants operating in wholesale markets? (Image from the Internet)
What is a Wholesale Market?
As per Clause 3, Article 2 of Decree 60/2024/ND-CP, a wholesale market is defined as follows:
A wholesale market primarily attracts and aggregates a large amount of goods from production and business sources in the economic region or industry to continue distributing to other markets and distribution channels, without residential areas.
What are the Obligations of Merchants Operating in Wholesale Markets?
According to Article 12 of Decree 60/2024/ND-CP, the rights and obligations of merchants operating in wholesale markets are stipulated as follows:
Rights and obligations of merchants operating in the market
- Rights of merchants operating in the market:
a) Merchants with a contract to use or lease a business point in the market have the right to conduct business activities according to the signed contract;
b) Merchants are allowed to transfer business points or lease their business points to other merchants within the contract period, subject to written approval from the market management organization;
c) Irregular traders are arranged to sell goods in the market in separate areas and must comply with the market rules.
- Obligations of merchants operating in the market:
a) Merchants must follow the market management organization's plan for arranging and allocating business areas in the market;
b) Merchants must not only comply with legal regulations but also adhere to market rules and be subject to the management of the market management organization;
c) The goods and services of merchants operating in the market must not fall under prohibited categories and must meet the conditions stipulated by law for restricted business goods and services, and conditional business;
d) Merchants’ business operations in the market must not fall under industries and trades that are legally prohibited, and must meet the conditions stipulated by law for conditional business industries and sectors.
Therefore, merchants operating in wholesale markets have the following obligations:
- Merchants must follow the market management organization's plan for arranging and allocating business areas in the market;
- Merchants must not only comply with legal regulations but also adhere to market rules and be subject to the management of the market management organization;
- The goods and services of merchants operating in the market must not fall under prohibited categories and must meet the conditions stipulated by law for restricted business goods and services, and conditional business;
- Merchants’ business operations in the market must not fall under industries and trades that are legally prohibited and must meet the conditions stipulated by law for conditional business industries and sectors.
