Illustrative photo (Source: VNA) HCM City (VNA) – A workshop was held in Ho Chi Minh City recently to review a decade of implementing the Law on Competition.
The event, organised by the Department of Competition Management under the Ministry of Industry and Trade, saw participation from representatives of enterprises and associations in the southern region.
Phung Van Thanh from the department highlighted the shortcomings in the Law, saying that few enterprises properly understand the legal document.
He attributed the confusion to an overlap between the department and the Vietnam Council of Competition in receiving and settling competition violation cases.
Echoing Thanh’s opinion on complications in the management of competition, Tran Vo Quoc Son from Unilever Vietnam said competition management involves a number of bodies, including customs, market management and intellectual property officials.
To make it easier for businesses to apply the law, he emphasised the need to clarify the functions of competent agencies.
According to the department, 300 complaints about competition violations have been recorded so far this year.
Of these, 132 cases have been investigated and another 123 cases have been handled.-VNA
