Vietnam: Fines for trading in goods of unknown origin shall be up to VND 50.000.000

According to Article 17 of Decree No. 98/2020/NĐ-CP of Vietnam’s Government, violations involving expired goods or goods of unknown origin and involving in other violations include:

- Trading in goods (except pesticides and animal feeds) past the expiration date indicated in their labels or packages;

- Swapping or changing labels or packages of goods, erasing or altering the expiration dates indicated on labels or packages of goods, or committing other frauds to extend the expiration dates of goods;

- Trading in goods of unknown origin;

- Trading in, transporting, storing or consuming minerals of illicit origin.

The fine level based on the value of infringing goods is determined as follows:

- A warning or a fine ranging from VND 300.000 to VND 500.000 shall be imposed for one of the above-mentioned violations if the value of goods is less than VND 1.000.000:

- A fine ranging from VND 500.000 to VND 1.000.000 shall be imposed if one of the above-mentioned violations involves the goods worth from VND 1.000.000 to under VND 3.000.000.

- A fine ranging from VND 1.000.000 to VND 3.000.000 shall be imposed if one of the above-mentioned violations involves the goods worth from VND 3.000.000 to under VND 5.000.000.

- …

- A fine ranging from VND 20.000.000 to VND 30.000.000 shall be imposed if one of the above-mentioned violations involves the goods worth from VND 50.000.000 to under VND 70.000.000.

- A fine ranging from VND 30.000.000 to VND 40.000.000 shall be imposed if one of the above-mentioned violations involves the goods worth from VND 70.000.000 to under VND 100.000.000.

- A fine ranging from VND 40.000.000 to VND 50.000.000 shall be imposed if one of the above-mentioned violations involves the goods worth VND 100.000.000 or more.

Thus, based on the value of infringing goods, fines for trading in goods of unknown origin shall be up to VND 50.000.000 for infringing goods valued at VND 100.000.000 or more.

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

Thuy Tram

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