Decree No. 116/2005/ND-CP dated September 15, 2005 of the Government detailing the implementation of a number of articles of the Competition Law

THE GOVERNMENT	SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom- Happiness
No. 116/2005/ND-CP	Hanoi , September 15^th, 2005

DECREE

DETAILING THE IMPLEMENTATION OF A NUMBER OF ARTICLES OF THE COMPETITION LAW

THE GOVERNMENT

Pursuant to the December 25, 2001 Law on Organization of the Government;

Pursuant to the December 3,2004 Competition Law;

Pursuant to the August 28,2001 Ordinance on Charges and Fees;

Pursuant to the July 2, 2002 Ordinance on Handling of Administrative Violations;

At the proposal of the Trade Minister after consulting the President of the Supreme Peoples Court,

DECREES:

Chapter I

GENERAL PROVISIONS

Article 1. Scope and subjects of application

This Decree provides in detail for the implementation of a number of articles of the Competition Law regarding control of competition-restricting acts and competition proceedings.

Article 2. Subjects of application

This decree shall apply to business organizations and individuals (hereinafter referred to as enterprises) and professional associations operating in Vietnam, as provided for in Article 2 of the Competition Law.

Article 3. Responsibility to supply information

State agencies, financial, credit, accounting and audit institutions, other organizations and individuals involved in competition cases or procedures for implementation of exemptions shall have to supply full, truthful and accurate necessary information in a timely manner at the request of the competition-managing agency or the Competition Council.

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