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Hanoi: 6 businesses trading in counterfeit and smuggled goods were fined more than 220 million VND
On June 29, the Hanoi Market Management Department said that after the period of verification and processing, Hanoi Market Management Department sanctioned administrative violations for 6/7 business establishments contraband, counterfeit trademark goods in the old town of Hanoi, with an amount of more than 220 million VND.


As reported by the Industry and Trade Newspaper, earlier, on May 21, 2020, under the direction of the General Department of Market Management, the Market Management teams of the Hanoi Market Management were divided into several teams, suddenly inspecting goods at many shops in the old town area (Hoan Kiem district).

Accordingly, the functional force unexpectedly inspected 7 business establishments in hot spots of contraband and counterfeit goods, such as Hang Ngang, Hang Dieu, Bong, Hang, Hai Ba Trung, Hang Ca and Hang Duong streets and etc.

At the time of inspection, the authorities detected and detained many goods showing signs of counterfeit trademarks, such as handbags, leather wallets, fashion accessories, belts, pants, hats, sandals, shirts, shoes, sandals branded Burrbery, Lacoste, Fendi, Nike, Adidas, Gucci, Chanel, LV and some clothes, cosmetics, belts smuggled in these 7 facilities.

The total number of violated goods temporarily seized by the Market Management of Hanoi on May 21 was 2,370 products.

After verification and processing time, in June 2020, Hanoi Market Management issued a decision on sanctioning administrative violations for 6/7 establishments, a fine of 220,250,000 VND for violations failing to post price lists as prescribed, trading in smuggled goods and selling fake goods with trademarks. At the same time, confiscated 755 smuggled products, worth 71,950 million VND and forced the destruction of 1,435 products with counterfeit trademarks, worth 326,800 million VND.

In addition, Hanoi Market Management has implemented additional sanctions: suspending trading in infringing goods for a period of 2 months for the above 6 violating business units.

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