(VOV) – The Vietnam Competition Council (VCC) and the European Trade Policy and Investment Support Project (EU-MUTRAP) co-organised a seminar in HCM City on December 16 to review ten years of implementing the Competition Law in Vietnam and lessons learnt.
EU-MUTRAP Technical Assistance Team Leader Claudio Dordi said the Competition Law has been implemented over the past 20 years and proved effectively. Especially, the Law has played an important part in Free Trade Agreements (FTAs) negotiations among concerned nations.
Mr Dordi added that Vietnam is now a dynamic nation on the right track of international integration, so it is an urgent for the nation to promote the efficiency of the Competition Law. Valuable experiences from the EU and the EU-MUTRAP project’s experts will help Vietnam enhance its capacity of law enforcement in the context of global market integration.
So far, Vietnam has dealt with over 100 cases which have violated the Competition Law.
Dr. Tran Mai Hien, VCC Director General emphasised businesses, especially exclusive enterprises need to possess detailed knowledge of what should be done to avoid violating the Competition Law.
Dr Trinh Minh HIen, a EU-MUTRAP expert, stressed that state management agencies should limit the fields of business with the involvement of exclusive enterprises. Violations should be publicised and analysed in a timely manner to help businesses learn more about their improper acts in order to create a healthy competition environment in Vietnam.
The Competition Law was issued on December 3, 2004 to control acts of restricting competition and acts of unhealthy competition.
Đăng ký: VietNam News
