Vietnam to auction smuggled cigarettes for export

Vietnam will auction quality smuggled foreign cigarettes for export on a trial basis as stipulated in the Government’s Decision No.20/2018/QD-TTg.
Vietnam to auction smuggled cigarettes for export ảnh 1Vietnam will auction quality smuggled foreign cigarettes for export on a trial basis. (Photo: VNA)

Hanoi (VNA) – Vietnam will auction quality smuggled foreign cigarettesfor export on a trial basis as stipulated in the Government’s DecisionNo.20/2018/QD-TTg.

The demolition of smuggled cigarettes which are counterfeit and have poorquality will be made following evaluation of relevant authorities. Meanwhile,the auctions must be carried out in line with the State’s regulation on assetauction.

The Prime Minister ordered the National Steering Committee on CombatingSmuggling, Commercial Fraud and Counterfeit Goods to join hands with thePeople’s Committees of cities and provinces nationwide to keep close watch onthe Decision’s implementation. It is also responsible for evaluating the trialperiod.

Meanwhile, the Ministry of Finance is required to guide the management and useof the money collected from auctions to serve the surveillance and preventionof smuggled cigarettes.

The Ministries of Industry and Trade, Public Security and National Defence mustdirect relevant authorities to inform the local customs forces of the caseswinning biddings to supervise export activities.-VNA
VNA

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