| THE GOVERNMENT | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom- Happiness |
| No. 110/2005/ND-CP | Hanoi, August 24th, 2005 |
DECREE
ON MANAGEMENT OF MULTI-LEVEL SALE OF GOODS
THE GOVERNMENT
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the December 3, 2004 Competition Law;
At the proposal of the Trade Minister,
DECREES:
Chapter I
GENERAL PROVISIONS
Article 1: Governing scope
This Decree provides for activities of multi-level sale of goods and management of such activities in the territory of the Socialist Republic of Vietnam.
Article 2: Subjects of application
This Decree shall apply to enterprises engaged in multi-level sale of goods and participants in the multi-level sale of network.
Article 3: Multi-level sale of goods
1. Multi-level sale of goods means an approach of marketing to retail goods which meets the conditions specified in Clause 11, Article 3 of the Competition Law.
2. Enterprises shall be allowed to organize multi-level sale of goods only after being granted multi-level sale registration papers according to the provisions of Article 16 of this Decree.
Click Download to see full text
