Vietnam clamps down on online businesses

Source: Pano feed

Owners of unlicensed online trading sites will be fined up to VND100 million (USD4,731), according to a new government’s regulation.


Illustrative photo. Owners of unlicensed online sales sites to be fined Decree 185, aimed at consumer protection, which changes administrative punishments over violations in trading and production of fake or banned goods, takes effect January 1.

Illustrative photo. Owners of unlicensed online sales sites to be fined Decree 185, aimed at consumer protection, which changes administrative punishments over violations in trading and production of fake or banned goods, takes effect January 1.



The regulation stipulates that those who own online trading sites, as well as other types of websites managed by the Ministry of Industry and Trade, must register for a license.


Violators will be fined from VND10 million – VND15 million (USD473.14-USD709.72) per individual, and between VND10 million and VND100 million (USD473.14-USD4,731) for organisation.


A report on e-commerce in Vietnam in 2012 showed that 57% of Internet users in the country shopped online and each spent USD150 per year.


A majority of these online transactions are for clothes, footwear, cosmetics, home appliances, food and books.


However, over 60% of those questioned rated the quality of service as medium and only 29% said they were satisfied. The majority of complaints involved bad quality products, bad shipping services, the risks of giving out personal information and complicated procedures.




Đăng ký: VietNam News