How Are Enterprises Prosecuted for the Crime of Hoarding?

According to Clause 2, Article 75 of the Civil Code 2015, the regulation on commercial juridical persons is as follows:

Commercial juridical persons include enterprises and other economic organizations.

Clause 5, Article 196 of the Criminal Code 2015 provides for the handling of commercial juridical persons committing the crime of speculation as follows:

- A commercial juridical person that exploits the scarcity situation or creates an artificial scarcity during natural disasters, epidemics, wars, or economic difficulties to hoard goods on the price stabilization list or goods priced by the State intended for resale to gain illicit profits falls into one of the following cases, shall be fined from 300,000,000 VND to 1,000,000,000 VND:

+ Goods valued from 500,000,000 VND to under 1,500,000,000 VND;

+ Illicit profits from 100,000,000 VND to under 500,000,000 VND.

- Committing the crime in the following cases shall be fined from 1,000,000,000 VND to 4,000,000,000 VND:

+ Having an organization;

+ Goods valued from 1,500,000,000 VND to under 3,000,000,000 VND;

+ Illicit profits from 500,000,000 VND to under 1,000,000,000 VND;

+ Adversely affecting national security, order, and social safety.

- Committing the crime in one of the following cases, shall be fined from 4,000,000,000 VND to 9,000,000,000 VND:

+ Goods valued 3,000,000,000 VND or more;

+ Illicit profits 1,000,000,000 VND or more;

+ Dangerous recidivism.

- A commercial juridical person may also be fined from 100,000,000 VND to 300,000,000 VND, banned from business activities, banned from operations in certain fields, or prohibited from raising capital for 1 year to 3 years.

Above is the response regarding the handling of enterprises committing the crime of speculation.

Respectfully!