Vietnam: Trading fertilizers which have expired shall be fined up to VND 80,000,000

Thuy Phu

09:46, 18/04/2018

This is a notable new point specified in Decree No. 55/2018/ND-CP of Vietnam’s Government prescribing administrative penalties for violations arising in the fertilizer sector.

Depending on the value of the fertilizer batch, the act of trading fertilizers which have expired shall be fined up to VND 80,000,000. To be specific:

- Trading a batch of fertilizers worth less than VND 1,000,000: Warning;

- Trading a batch of fertilizers worth from VND 1,000,000 to VND 2,000,000: Monetary penalty ranging from VND 500,000 to VND 1,000,000;

- Trading a batch of fertilizers worth from VND 7,000,000 to VND 10,000,000: Monetary penalty ranging from VND 6,000,000 to VND 7,000,000;

- Trading a batch of fertilizers worth from VND 150,000,000 to VND 200,000,000: Monetary penalty ranging from VND 70,000,000 to VND 80,000,000.

The amount of monetary penalties mentioned above shall be the amount of penalties for administrative violations committed by individuals. If organizations commit the same violation, the amount of monetary penalties imposed on these organizations shall be 02 times as much as that imposed on individuals.

Moreover, violating individuals and organizations must also recall expired fertilizers which are then returned to manufacturers.

Decree No. 55/2018/ND-CP of Vietnam’s Government takes effect from April 16, 2018 and abrogates relevant provisions in Decree No. 163/2013/ND-CP and Decree No. 115/2016/ND-CP.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

3 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- 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