Recently, the Government of Vietnam has 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.
1. The following fines shall be imposed for exporting or importing goods included in the list of goods banned from export or the list of goods banned from import:
- A fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed for the violation involving goods worth less than VND 20.000.000;
- A fine ranging from VND 20.000.000 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 100.000.000 shall be imposed for the violation involving goods worth VND 100.000.000 or more, if not liable to criminal prosecution.
2. Additional penalty:
The exhibits of the violations prescribed in this Article shall be confiscated, except the case of application of the remedial measure prescribed by law.
3. Remedial measures:
- The exhibits of the violations prescribed in this Article that cause harm to human health, domestic animals, plants and environment shall be confiscated;
- The violating entity is compelled to transport to out of the territory of the Socialist Republic of Vietnam or re-export the goods involving in one of the violations in this Article;
- The violating entity is compelled to return any benefits illegally obtained from the violation.
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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