This is an important content of the Decree No. 98/2020/NĐ-CP of Vietnam’s Government prescribing penalties for administrative violations against regulations on commerce, production and trade in counterfeit and prohibited goods, and protection of consumer rights, effective from October 15, 2020.
According to Article 72 of Decree No. 98/2020/NĐ-CP of Vietnam’s Government, penalties for violations against regulations on commercial activities of foreigners in the territory of Vietnam are specified as follows:
1. A fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed for illegally consuming, within the territory of Vietnam, duty-free consumer goods imported under the prescribed standards.
2. A fine ranging from VND 20.000.000 to VND 30.000.000 shall be imposed upon foreigners for illegally performing commercial activities in the territory of Vietnam.
3. A fine ranging from VND 30.000.000 to VND 50.000.000 shall be imposed upon a foreigner for committing one of the following violations:
- Illegally performing organized commercial activities in the territory of Vietnam;
- Illegally selling, in the territory of Vietnam, duty-free means of transport, communications machinery, office stationery or interior equipment imported under the prescribed standards;
- Illegally selling, in the territory of Vietnam, means of transport temporarily imported into Vietnam.
Besides, the exhibits and instrumentalities of administrative violations prescribed in this Article shall be confiscated. The violating entity is compelled to return any benefits illegally obtained from one of the violations in this Article.
View more details at the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, issued on August 24, 2020.
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