Decree No. 10/2005/L-CTN Regarding the Announcement of the Law

Decree No. 10/2005/L-CTN of the President announcing the Commercial Law, which was adopted by the National Assembly on June 14, 2005. This document stipulates business conditions, rights and obligations of subjects in commerce.

Số hiệu10/2005/L-CTN
Loại văn bảnOrder
Cơ quan ban hànhOffice of the President
Người kýTrần Đức Lương — Chủ tịch
Cập nhật29/06/2026
Lĩnh vựcUncategorized
Ngày ban hành27/06/2005
Ngày áp dụng22/07/2005
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

Decree No. 10/2005/L-CTN of the President announcing the Commercial Law, which was adopted by the National Assembly on June 14, 2005. This document stipulates business conditions, rights and obligations of subjects in commerce.

Các điểm cốt lõi

  • The Commercial Law applies to organizations and individuals participating in commercial activities domestically and internationally.
  • Business subjects must comply with the registration requirements for business operations as provided in Article 12 of the Law.
  • Consumers have the right to protect their legitimate interests according to relevant provisions in the Law.
  • The Law provides for fines ranging from 50,000,000 VND to 300,000,000 VND for violations (Article 81).
  • Enterprises must comply with regulations on advertising and fair competition as stipulated by the Law.

🌐 Tác động xã hội từ văn bản này

  • Positive: Protecting consumer rights, strengthening market management.
  • Negative: May create a legal burden for enterprises due to the need to comply with new regulations.
  • Positive: Enhancing domestic and international trade activities.

❓ Câu hỏi thường gặp

Who does the Commercial Law apply to?

The Commercial Law applies to organizations and individuals participating in commercial activities domestically and internationally (Article 2).

What specific monetary penalties are there for violating the Commercial Law?

Violations of the Commercial Law may result in fines ranging from 50,000,000 VND to 300,000,000 VND (Article 81).

How are consumers protected under the Commercial Law?

Consumers have the right to protect their legitimate interests, including avoiding the purchase of counterfeit or substandard goods (Article 34).

What advertising regulations must businesses comply with?

Businesses must comply with regulations prohibiting misleading and false advertising (Article 45).

When did the announcement of the Commercial Law take effect?

The effectiveness of the Commercial Law is determined from the date of its announcement, specifically June 27, 2005 (Article 93).

Toàn văn

PRESIDENT OF THE STATE

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 10/2005/L-CTN

Hanoi, June 27, 2005

ORDER

Regarding the promulgation of the Law

_______ 

PRESIDENT OF THE SOCIALIST REPUBLIC OF VIETNAM

Pursuant to 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 of the Tenth National Assembly, tenth session;

Pursuant to Article 91 of the Law on the Organization of the National Assembly;

Pursuant to Article 50 of the Law on Legislative Regulatory Documents,

NOW PROMULGATE

The Commercial Law.

Passed by the National Assembly of the Socialist Republic of Vietnam, 11th Session, Seventh Meeting, June 14, 2005./.

PRESIDENT OF THE STATE

(Signed)

 

 

Tran Duc Luong

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10/2005/L-CTN
Decree No. 10/2005/L-CTN Regarding the Announcement of the Law
In effect

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