multi-level marketing activities in Vietnam, new regulations on management of multi-level marketing activities in Vietnam, management of multi-level marketing activities in Vietnam

The Ministry of Industry and Trade proposes new regulations on management of multi-level marketing activities in Vietnam

Vietnam is collecting opinions on the Draft Circular amending and supplementing No. 10/2018/TT-BCT detailing a number of articles of the Decree No. 40/2018/ND-CP of the Government on the management of multi-level marketing activities.

The Ministry of Industry and Trade is collecting opinions on the Draft Circular amending and supplementing Circular No. 10/2018/TT-BCT detailing a number of articles of Decree No. 40/2018/ND-CP of the Government on multi-level marketing management. Accordingly, the draft supplements the process of organizing the multi-level sales knowledge test for local representatives with 2 options. Specifically, in option 1, the Department of Competition and Consumer Protection organizes a knowledge test for local representatives. Option 2, the Department of Competition and Consumer Protection and the Department of Industry and Trade organize a knowledge test for local representatives. The process focuses on checking the completeness and validity of the registration dossier for knowledge verification for the local representative according to regulations. Along with that, plan the time, place, and method of inspection and notify in writing the Department of Competition and Consumer Protection of the organization of the inspection in case the Department of Industry and Trade of provinces, cities The city directly under the Central Government organizes the examination.

Reduced requirements for assessment of test results

In addition, the test plan announcement; examination organization; evaluation of test results; Notify of test results, and issue certifications, the draft also amends and supplements regulations on inspection forms, and evaluation of test results. Accordingly, the test of legal knowledge on multi-level selling, and knowledge for local representatives is conducted in the form of an essay or multiple-choice in a minimum time of 60 minutes. Test scores are scored on a 100-point scale, required for the multi-level marketing legal knowledge test, less than 80 points (instead of the current 90 points) for multiple-choice tests, and under 65 points. (replacing the current 75 points) for the essay form is unsatisfactory. As for the knowledge test for local representatives, the test with less than 70 points for the multiple-choice tests and less than 50 points for an essay test is unsatisfactory.

ASL LAW is the top-tier Vietnam law firm for doing business in Vietnam. If you need any advice, please contact us for further information or collaboration.

    CONTACT

    Your infomation


    ***Other service of ASL LAW – full service Vietnam law firm ***    
    Retainer service to enterprises   International trademark registration
    Oversea investment consultancy for Vietnamese enterprises   Patent in Vietnam
    PCT Patent in Vietnam   PCT Patent Vietnam Entry
    Intellectual property services (Vietnam IP Firm)   Vietnam Patent Agent
    Trademark in Vietnam   Vietnam Patent Firm
    Vietnam Trademark Agent   Patent translation in Vietnam
    How to register trademark in Vietnam   Vietnam Patent Translation Agent
    Copyright in Vietnam   Vietnam IP Firm
    Vietnam Trademark   Vietnam IP Agent
    Notes to company formation in Vietnam   M&A
    How to open company in Vietnam   Banking & financial services
    Open representative office in Vietnam   Contract consultancy
    Establish company in Vietnam   Employment and labor
    Corporate services in Vietnam   Litigation and dispute resolution
    Vietnam Law Firm   Franchise in Vietnam
    Vietnam Antidumping Law Firm   Vietnam Franchise registration
    Vietnam countervailing law firm   Vietnam Business Law Firm
    Vietnam Real estate law firm   Vietnam construction law firm
    Law firm in Hanoi   Law Firm in Ho Chi Minh
    Debt collection in Vietnam   Debt recovery law firm in Vietnam
    Debt collection law firm in Vietnam   Vietnam Debt Collection law firm
    ASEAN IP Agent   ASEAN IP FIRM
    IP agent in ASEAN   Establish R.O in Vietnam
    Setting up a foreign-invested company   Setup foreign company in Vietnam
    Technology Transfer in Vietnam   Technology Transfer services
    Labour law in Vietnam   Employment law in vietnam
    Vietnam franchise law firm   International trademark registration
    Contact Me on Zalo
    +84982682122
    WhatsApp chat