Prime Ministerial Directive on enhancing management of multi-level marketing businesses
Multi-level marketing business has various disguises causing damage to many people. Photo: internet. |
Strictly handle unregistered yet active organizations.
The Prime Minister has directed the Ministry of Industry and Trade in collaboration with other ministries and branches involved to timely detect and strictly handle multi-level marketing companies without registration certificates as prescribed in regulations.
And to inspect, examine and handle violators (if any) about the satisfaction of business conditions for certified multi-level marketing companies’ items under the competent management as prescribed by law.
Also to enhance inspections and examinations for the implementation of the provision of the law on food safety, promotional activities, advertisement, conferrnces, workshops and communications on products permitted to conduct business in the form of multi-level marketing as prescribed by law.
At the same time, the Minstry of Industry and Trade directs market forces at all levels in collaboration with competent forces to inspect and assess the origin and quality of the certificated multi-level marketing enterprises’ goods, especially products manufactured and processed in the country.
The Ministry of Public Security directs professional forces and police at all levels to understand the situation, timely detect, inspect and make clear organizations, and individuals in business in the form of multi-level marketing or disguised as a legitimate multi-level marketing enterprise to carry out illegal acts.
Observe closely in exports, imports, and trade.
The Prime Minister has also asked the Ministry of Justice in cooperation with other ministries and branches to urgently study and propose competent authorities to draft supplementary regulations in criminal penalties for enterprises using multi-level marketing form for illegal business.
The Ministry of Health hosts and collaborates with other ministries and branches to inspect, examine and tackle law violations in the process of manufacturing, processing, storage, transport, exports, imports, and sales of food, cosmetics, and other products of multi-level marketing enterprises under its management as prescribed by law.
The Ministry of Finance discloses information timely, accurately,and objectively of the inspection results and taxation of multi-level marketing enterprises in the whole country.
The Ministry of Science and Technology hosts and coordinates with other ministries, branches, and units in implementing inspections and examinations to deal with law violation activities of multi-level marketing enterprises in the field of standards, measures, goods quality, and intellectual property under its management provided by law.
The Ministry of Agriculture and Rural Development hosts and cooperates with other agencies in detecting, preventing, and tackling violations in the production, processing, bottling, extracting, packing, imports, business, shipping, and advertiseing for multi-level marketing enterprises under its management prescribed by law, specifically focusing on fertilizers.
The State Bank directs credit institutions to comply with the regulations on certification and management of multi-level marketing enterprises’ deposits as stipulated in Article 19 Decree 42/2014/ND-CP; frozen account, timely stops organizations, individual dispersing assets, facilitate for investigation, handle and recoveriy of criminal assets in the multi-level marketing activities.
The Prime Minister has also required the People Commitees of provinces and cities to direct competent authorities at all levels to enhance management, monitoring, inspection, detecting, verification, investigation and handling the violations of activities in the form of multi-level marketing under their competence, communicate and dissemenate the provisions of the law in multi-level business and the tactics of multi-level businesses for fraudulent appropriation of assets.
Related News
Hanoi Customs connects data to ensure customs clearance and management requirements
09:26 | 27/02/2024 Customs
Create a fair "playing field" for the gold market
09:28 | 27/02/2024 Import-Export
The situation of "one product, two management agencies" is still existing
14:07 | 18/01/2024 Customs
Interest rate management: From high rates to loosening
13:50 | 17/01/2024 Finance
Latest News
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Three groups of export commodities achieved billions of USD
10:36 | 05/05/2024 Import-Export
Speed up the process of issuing "passports" for durian exports
15:14 | 04/05/2024 Import-Export
Vietnamese pomelo likely to be exported to Australia
15:12 | 04/05/2024 Import-Export
More News
Take advantage of E-commerce leverage for export.
13:48 | 04/05/2024 Import-Export
Central beach city to lure investment from potential partners
14:54 | 03/05/2024 Import-Export
Vietnam to have enough 8 million tonnes of rice for export
14:47 | 03/05/2024 Import-Export
Binh Duong: Fertile ground for logistics businesses
10:16 | 03/05/2024 Import-Export
Some 51,600 new firms established in four months
17:17 | 02/05/2024 Import-Export
Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months
17:13 | 02/05/2024 Import-Export
Enhance the core values of the national brand
15:36 | 02/05/2024 Import-Export
Solutions for maintaining Vietnam's position as a bright spot for foreign direct investment
15:36 | 02/05/2024 Import-Export
FDI disbursement in January-April period reaches five-year record
19:43 | 01/05/2024 Import-Export
Your care
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Three groups of export commodities achieved billions of USD
10:36 | 05/05/2024 Import-Export
Speed up the process of issuing "passports" for durian exports
15:14 | 04/05/2024 Import-Export
Vietnamese pomelo likely to be exported to Australia
15:12 | 04/05/2024 Import-Export
Take advantage of E-commerce leverage for export.
13:48 | 04/05/2024 Import-Export