How are fines for violations against regulations on goods subject to suspended import or export in Vietnam?

14:02, 29/08/2020

On August 26, 2020, the Government of Vietnam issued the Decree No. 98/2020/NĐ-CP prescribing penalties for administrative violations against regulations on commerce, production and trade in counterfeit and prohibited goods, and protection of consumer rights.

Xuất nhập khẩu hàng hóa tạm ngừng XNK, Nghị định 98/2020/NĐ-CP

According to Article 42 of the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, the following fines shall be imposed for exporting or importing goods subject to suspended import or export without obtaining written approval from a competent authority:

- A fine ranging from VND 5.000.000 to VND 10.000.000 shall be imposed for the violation involving goods worth less than VND 20.000.000;

- A fine ranging from VND 10.000.000 to VND 30.000.000 shall be imposed for the violation involving goods worth from VND 20.000.000 to under VND 50.000.000;

- A fine ranging from VND 30.000.000 to VND 50.000.000 shall be imposed for the violation involving goods worth from VND 50.000.000 to under VND 70.000.000;

- A fine ranging from VND 50.000.000 to VND 70.000.000 shall be imposed for the violation involving goods worth from VND 70.000.000 to under VND 100.000.000;

- A fine ranging from VND 70.000.000 to VND 80.000.000 shall be imposed for the violation involving goods worth VND 100.000.000 or more, if not liable to criminal prosecution.

Besides, the exhibits of the violations of exporting or importing goods subject to suspended import or export without obtaining written approval shall be confiscated, except the case of application of the remedial measure prescribed by law.

View more details at the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, effective from October 15, 2020.

Ty Na

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