Legal Counselling

Vietnam: Illegally luring customers from other enterprises shall be fined up to VND 40 million

08:20, 29/09/2019

This is a content mentioned in Decree No. 75/2019/ND-CP of Vietnam’s Government providing for penalties for administrative violations against regulations on competition.

According to Decree No. 75/2019/ND-CP of Vietnam’s Government, a fine ranging from VND 100,000,000 to VND 200,000,000 shall be imposed for luring or poaching customers from other enterprises in one of the following forms:

loi keo khach hang bat chinh, Nghi dinh 75/2019/NĐ-CP

- The enterprise provides false or misleading information about its profiles or its products, services, promotion programs or trading conditions relating to its goods or services with the aim of attracting customers of other enterprises;

- The enterprise compares its goods or services with those of the same types provided by other enterprises without giving persuasive evidence.

A fine twice as much as the fine for the above-mentioned administrative violation shall be imposed if the violation involves two provinces or central-affiliated cities or more.

In addition to being fined, the violating entity shall also have its/his/her license, practicing certificate or operations suspended for a fixed period; the exhibits and instrumentalities for committing the administrative violation shall be confiscated; profits illegally obtained from the administrative violation shall be confiscated.

Concurrently, the violating entity is forced to make public correction of information and remove violating elements on its goods, goods labels, and means of trading or articles.

View other provisions at Decree No. 75/2019/ND-CP of Vietnam’s Government, effective from December 01, 2019.

Thu Ba

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

11 lượt xem

- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn