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Official Gazette

Tuesday, December 12, 2017

Multi-level marketing to be managed more tightly

Updated: 17:35’ - 05/12/2016
With a view to ensuring social security while facilitating lawful multi-level marketing activities, the Prime Minister recently released a directive requiring responsible ministries and agencies to enhance the state management of multi-level marketing activities.

Under Directive No. 30/CT-TTg, the Prime Minister requests the Ministry of Industry and Trade (MoIT) to cooperate with the Ministry of Justice (MoJ) and related agencies in promptly revising the regulations which are no longer practical for managing multi-level marketing activities.

The MoIT is urged to uncover and strictly punish violations of multi-level marketing businesses operating without any business license. The ministry will also have to supervise and inspect the implementation of regulations on food safety, sales promotion and advertising with regard to products permitted for multi-level marketing.

The ministry is also tasked to direct the market management force in inspecting goods origins and quality, especially domestically produced ones.

The Ministry of Public Security is responsible for quickly investigating and strictly punishing organizations or individuals taking advantage of the multi-level marking model for self-seeking or fraudulent purpose.

The Prime Minister also requests the MoJ to cooperate with related agencies in proposing additional criminal penalties against businesses using the multi-level marketing model for illegal trading activities.

The Ministry of Finance is assigned to quickly release accurate information on tax investigation results and check-ups on multi-level marketing businesses nationwide.

The Prime Minister also asks provincial-level People’s Committees to enhance management, inspection, detection and handling of violations of multi-level marketing businesses and organize training courses to disseminate legal regulations on multi-level marketing.- (VLLF)
 

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