What are tasks and powers of Vietnam Multi-Level Marketing Association?

What are tasks and powers of Vietnam Multi-Level Marketing Association? (Internet image)

1. What is Vietnam Multi-Level Marketing Association?

Vietnam Multi-Level Marketing Association is a socio-professional organization of Vietnamese enterprises doing business in accordance with the multi-level sale method in accordance with Vietnamese law; it was voluntarily established for the purpose of gathering and uniting members, protecting their legitimate rights and interests, supporting each other to operate effectively, and contributing to the country's socio-economic development.

(Article 2 of the Charter (amended) of Vietnam Multi-Level Marketing Association promulgated together with Decision 705/QD-BNV)

2. Powers of Vietnam Multi-Level Marketing Association

- Propagate the principles and operational goals of the Association.

- Represent members in internal and external relationships related to the Association's functions and duties as prescribed by law.

- Protect the legitimate rights and interests of members in accordance with the principles and purposes of the Association.

- Participate in programs, projects, research topics, consulting, criticism, and social assessment at the request of state agencies; carry out activities in accordance with the law and the Association's Charter.

- Give opinions on legal documents related to the Association's activities in accordance with the law. To propose to competent state agencies issues related to the development of the Association and the fields of the Association's activities.

- Raise funds for the Association on the basis of membership fees and revenues from business and service activities as prescribed by law to cover operating expenses.

- Cooperate with domestic and foreign organizations and individuals to exchange, study, and improve capacity. Receive legal funding sources from domestic and foreign organizations and individuals according to the provisions of the law.

- Join the respective international organizations, sign and implement international agreements, and report to the state management agency in charge of the industry and field in which the Association operates and the agency that decides to allow the establishment of the Association on joining the respective international organizations, signing international agreements, and implementing international agreements.

(Article 6 of the Charter (amended) of Vietnam Multi-Level Marketing Association promulgated together with Decision 705/QD-BNV)

3. Tasks of Vietnam Multi-Level Marketing Association

- Comply with the provisions of the law related to the organization and operation of the Association; organize and operate according to the approved Association Charter in accordance with the law; and not take advantage of the Association's activities to harm national security, social order, fine customs and traditions of the nation, and legitimate rights and interests of individuals and organizations.

- Gather and unite members; organize, connect, and coordinate activities among members for the common benefit of the Association; strictly implement the principles and purposes of the Association to participate in the development of fields related to the Association's activities, contributing to the construction and economic development of the country.

- Disseminate and foster knowledge for members, guiding them to comply with the laws, regimes, and policies of the State and the Association's Charter, regulations, and policies.

- Represent  members to participate in and make recommendations to competent authorities on guidelines and policies related to the Association's field of operation in accordance with law.

- Commence, conciliate disputes, and settle complaints and denunciations within the Association in accordance with the law and the Association's Charter.

- Develop and promulgate the code of ethics in the Association's activities.

- Annually, the Association must report on the organization and operation of the association to the competent state management agency specified in Article 14 of Decree 45/2010/ND-CP and state management agencies in charge of industries and fields in which the Association operates, no later than December 1 of each year.

- Comply with the guidance, examination, and inspection of the competent state agencies in the observance of the law.

- Make and keep at the Association's headquarters the list of members, branches, and representative offices.
and affiliates of the Association, books and documents on the assets and finances of the Association and representative offices, and minutes of meetings of the Association's leadership.

- Manage and use the Association's funding sources in accordance with the provisions of the law.

- Perform other duties when required by competent authorities.

(Article 7 of the Charter (amended) of Vietnam Multi-Level Marketing Association promulgated together with Decision 705/QD-BNV)

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE