Recommendations to improve the Law on Competition and its enforcement were made at a workshop in Ho Chi Minh City on Dec. 28.
The workshop, reviewing “five-year implementation of the competition law”, is a forum for managers and business sector to share theoretical and practical issues to increase the enforcement of the law.
More than 40 violations of competition regulations have been investigated and handled over the last five years, the workshop heard.
According to Deputy Minister of Industry and Trade Le Danh Vinh, the investigation and handling of such cases had strictly followed the law, raising businesses’ awareness of basic market principles and ensuring consumers’ rights.
He spoke highly of the State management agencies’ efforts to uphold the principles of the socialist-oriented market economy which, he said, has brought about practical benefits to businesses and people.
Head of the Ministry of Industry and Trade’s Legal Department Nguyen Sinh Nhat Tan also acknowledged the law’s contributions to making effective management policies and administrative orders./.
The workshop, reviewing “five-year implementation of the competition law”, is a forum for managers and business sector to share theoretical and practical issues to increase the enforcement of the law.
More than 40 violations of competition regulations have been investigated and handled over the last five years, the workshop heard.
According to Deputy Minister of Industry and Trade Le Danh Vinh, the investigation and handling of such cases had strictly followed the law, raising businesses’ awareness of basic market principles and ensuring consumers’ rights.
He spoke highly of the State management agencies’ efforts to uphold the principles of the socialist-oriented market economy which, he said, has brought about practical benefits to businesses and people.
Head of the Ministry of Industry and Trade’s Legal Department Nguyen Sinh Nhat Tan also acknowledged the law’s contributions to making effective management policies and administrative orders./.
