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.
According to the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, the following fines shall be imposed for trading in goods which are not stamped with “Vietnam duty not paid” stamp as prescribed or selling duty-free goods which are imported cigars and cigarettes or those which are exported or imported under certain conditions without obtaining the export or import license as prescribed:
- A fine ranging from VND 1.000.000 to VND 3.000.000 shall be imposed for the violation involving goods worth less than VND 5.000.000;
- A fine ranging from VND 3.000.000 to VND 5.000.000 shall be imposed for the violation involving goods worth from VND 5.000.000 to under VND 10.000.000;
- A fine ranging from VND 5.000.000 to VND 10.000.000 shall be imposed for the violation involving goods worth from VND 10.000.000 to under VND 20.000.000;
- A fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed for the violation involving goods worth from VND 20.000.000 to under VND 30.000.000;
- A fine ranging from VND 20.000.000 to VND 30.000.000 shall be imposed for the violation involving goods worth from VND 30.000.000 to under VND 50.000.000;
- A fine ranging from VND 30.000.000 to VND 40.000.000 shall be imposed for the violation involving goods worth VND 50.000.000 or more.
Moreover, this Decree also specified other penalties as follows:
A fine ranging from VND 40.000.000 to VND 50.000.000 shall be imposed for committing one of the following violations:
- Trading in goods of illicit goods at the duty-free shop;
- Illegally selling goods which are imported for sale at the duty-free shop on the domestic market.
A fine ranging from VND 50.000.000 to VND 70.000.000 shall be imposed for trading goods which are banned from export or import or subject to suspended export or import at the duty-free shop.
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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