Nhã Khắc Lâm multi-level company faces inspection

vietnamnews

Update: May, 15/2017 – 17:08
Thiên Ngọc Minh Uy, a multi-level marketing company, has been forced to stop all multi-level marketing activities in connection with a series of violations. — VNA/VNS Photo Đức Duy
HÀ NỘI — The Ministry of Industry and Trade has decided to set up an inspection team to supervise the multi-level marketing activities of Nhã Khắc Lâm Co., Ltd.According to the ministry’s decision 1667/2017, Minister of Industry and Trade Trần Tuấn Anh asked the inspection team to examine and verify all multi-level marketing activities of the company.

All violations will be penalised as stipulated.

He also asked relevant authorities to take measures to protect the rights of those who were involved in multi-level trading with the company.

The team will be led by Lê Thị Phương Hoa, deputy chief inspector of the ministry. Representatives of the ministry’s Competitiveness Management Department, Marketing Management Department and Legal Department will join the team.

On May 10, the ministry’s Competition Authority sent a document with information of the operation of Nhã Khắc Lâm Co., Ltd to departments of industry and trade in localitites across the country.

The ministry affirmed that the company had not yet completed procedures to get a multi-level registration certificate, which meant it was not allowed to organise multi-level marketing activities.

The ministry required the departments of industry and trade in localities to closely monitor the operation of the company.

Nhã Khắc Lâm Co.,Ltd, formerly known as MTV Gano Excel Việt Nam Co., Ltd, is located on 631 Nguyễn Trãi Street, District 5, HCM City. The current legal representative of the company is Huỳnh Vĩnh Lợi, who is also deputy head of Thiên Ngọc Minh Uy Co., Ltd.

After amending the Business Registration Certificate at HCM City’s Department of Planning and Investment, the company undertook procedures to obtain the multi-level registration certificate. However, despite not completing procedures, the company knowingly implemented multi-level marketing activities.

Last month, Thiên Ngọc Minh Uy was fined a total of VNĐ1.5 billion (US$70,000) by the ministry for 80 separate offences, and earlier this year, it was fined VNĐ215 million ($9,590). The offences included breach of the contracts it signed with network members, failing to meet the level of required training for new members, operating without notifying the local authorities and violating label regulations on its goods.

The company was ordered to stop all multi-level marketing activities and was required to fulfil all obligations to members of its network. — VNS

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This entry was posted in Công ty đa cấp - multi-level companies and tagged , by Trần Đình Hoành. Bookmark the permalink.

About Trần Đình Hoành

I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn. I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law. I have published many articles on national newspapers and radio stations in Việt Nam. In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship. Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam. I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN. I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net). I study the art of leadership with many friends who are religious, business and government leaders from many countries. In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống). In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success". I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.

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