Decree No. 10/2002/L-CTN promulgates the Price Ordinance, which stipulates prices in business and services in Vietnam.
要点
- The Price Ordinance applies to organizations and individuals operating in the fields of business and service provision.
- It specifies matters concerning price determination, display, publication; management, inspection, supervision, and punishment for violations of price laws.
- The Price Ordinance stipulates fines for violations such as fraud in business activities and providing services not in accordance with the displayed prices.
- They are responsible for complying with the provisions on prices under the Price Ordinance and will be subject to punishment if they violate these provisions.
- The Price Ordinance took effect from July 1, 2002.
🌐 本文件的社会影响
- Positive impact: Helps protect consumer rights, prevent price fraud, and improve service quality.
- Negative impact: May cause difficulties for businesses in quickly adjusting product/service prices according to market conditions.
❓ 常见问题
Who does the Price Ordinance apply to?
The Price Ordinance applies to all organizations and individuals operating in the fields of business and service provision.
How will violations of price laws be punished?
Violations of price laws may result in fines ranging from VND 10,000,000 to VND 50,000,000, depending on the severity of the violation.
When did the Price Ordinance take effect?
The Price Ordinance took effect from July 1, 2002.
How many levels of fines are there for violations of price laws?
The fine for violations of price laws ranges from VND 10,000,000 to VND 50,000,000, depending on the severity of the violation.
What does the Price Ordinance stipulate regarding price display?
The Price Ordinance requires organizations and individuals to display prices before selling goods or providing services.
全文
DECREE OF THE STATE PRESIDENT
ON THE ENACTMENT OF THE PRICING ORDINANCE.
THE PRESIDENT
SOCIALIST REPUBLIC OF VIET NAM
On the basis of Article 103 and Article 106 of the Constitution of the Socialist Republic of Vietnam in 1992, amended and supplemented by Resolution No. 51/2001/QH10 dated December 25, 2001 ||| The Permanent Office of the Steering Committee for Foreign Non-Governmental Organizations (Vietnam Friendship Association) is the agency receiving dossiers for issuance, extension, supplementation, amendment, termination of activities, and leading, coordinating with member agencies of the committee to examine dossiers and deliver results of examination and approval of dossiers of foreign non-governmental organizations in Vietnam. Tenth National Assembly /session number of On the basis of Article 19 of the Law on the Organization of the National Assembly; X, On the basis of Article 51 of the Law on the Enactment of Normative Legal Documents, 10;
NOW PROCLAIMS:
The Pricing Ordinance
Which was adopted by the Standing Committee of the National Assembly of the Socialist Republic of Vietnam, Tenth
session on April 26, 2002./.
Has been adopted by the Standing Committee of the National Assembly of the Socialist Republic of Vietnam, Term XApril 26, 2002./.
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