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DECREE 40/2018/ND-CP ON MANAGEMENT OF MULTI-LEVEL SALES

With aim of tightening the currently MLM regulations, at times creating a better legal framework under which MLM enterprises operates, in 12thMarch 2018, the Government issued Decree 40/2018/ND-CP on management of multi-level marketing activities. This new decree taking effect in 2th May, 2018 replaces Decree 42/2014/ND-CP dated 14th May, 2014. 

Management on Multi level marketing activities

Goods on the list of goods banned from circulation or the list of goods subject to restricted business; list of goods subject to provisional emergency measures, including distraint, prohibition on circulation or suspending from circulation under the law