Surge in Market Violations in Ho Chi Minh City

Regulations by 2FIRSTS.ai
Oct.09.2023
Surge in Market Violations in Ho Chi Minh City
According to ANTV media, Ho Chi Minh City Market Management Agency has reported a 29.92% increase in market violation cases in Q3 2023.

According to media reports from ANTV, the Ho Chi Minh City Market Management Bureau announced that it has inspected and dealt with nearly 1600 cases of market violations in the third quarter of 2023, marking an increase of 29.92% compared to the same period last year. The cases that were brought to justice mainly involved three categories of goods - smuggled tobacco (including e-cigarettes), as well as food, cosmetics, and pharmaceutical products.

 

The market management team has taken action on 16 cases involving the smuggling of tobacco and new generation tobacco products (i.e. e-cigarettes), resulting in the seizure of over 400 packs of smuggled cigarettes and more than 2100 e-cigarettes and e-cigarette liquid.

 

The regulatory authorities have recently resolved nearly 130 cases of violation in food products and temporarily seized around 50,000 non-compliant food items, which include candy, liquor, beer, dairy products, and other food items. The total value of the seized goods is estimated at approximately 160 million Vietnamese dong.

 

The market regulatory authorities have investigated 116 cases of violations and temporarily confiscated over 196,000 non-compliant products in the cosmetics and pharmaceutical industries. According to reports, among these non-compliant products valued at 41.3 billion Vietnamese Dong, 15.9 billion Vietnamese Dong worth of goods were smuggled imports, over 20 billion Vietnamese Dong worth of goods had unidentified sources, and 4.2 billion Vietnamese Dong worth of goods were counterfeit.

 

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