14 unlicensed multi-level marketing establishments

The Ministry of Industry and Trade has just listed the names of 14 multi-level marketing businesses to warn people to avoid being deceived.

Specifically, the Competition Management Department (Ministry of Industry and Trade) confirmed that there are currently 14 establishments and enterprises operating multi-level marketing (MLM) activities but have not yet completed the registration procedures for issuance of MLM operation certificates with competent authorities and have been detected and handled by competent authorities. These are:

1. Lotus Vietnam Trading Development Joint Stock Company (No. 2, Lane 2, Group 3, Trung Kinh Street, Trung Hoa Ward, Cau Giay, Hanoi)

2. Everrichs Global Joint Stock Company (148 Hoang Quoc Viet, Cau Giay District, Hanoi)

3. Merro Trading Joint Stock Company (1st Floor, Intracom Building, Lot C2F, Small Handicraft Production Cluster, Dich Vong Ward, Cau Giay District, Hanoi)

4. Focus Vietnam International Trading Joint Stock Company (No. 12, Group 44, Trung Kinh Street, Yen Hoa, Cau Giay, Hanoi)

5. Blue Ocean Global Investment Joint Stock Company (4th floor, building T6/08, 643A Pham Van Dong street, Co Nhue 1 ward, Bac Tu Liem district, Hanoi)

6. Amkey Vietnam International Development and New Technology Company (No. 51 Nguyen Ngoc Vu, Trung Hoa, Cau Giay, Hanoi)

7. Business household Truong Thi Kim Nguyet (Bac Tra My town, Quang Nam province)

8. UNION Vietnam Investment and Development Joint Stock Company (No. 15, Lane 170 Hoang Ngan, Cau Giay, Hanoi)

9. BigForest Joint Stock Company (No. 21A Nguyen Khang Street, Trung Hoa Ward, Cau Giay, Hanoi)

10. Thien Loc Phat Investment and Trade Development Company Limited (BT1, Lot 9, Me Tri Ha Urban Area, Me Tri Ward, Nam Tu Liem, Hanoi)

11. KDM Vietnam Joint Stock Company (No. 92, Group 45, Quan Hoa Ward, Cau Giay, Hanoi)

12. Thien Phuong Vietnam Joint Stock Company (No. 5, Lane 21, Dai Tu Street, Dai Kim Ward, Hoang Mai District, Hanoi)

13. Truong Sinh Science and Technology Joint Stock Company (No. TT1A, Vinaconex 9b, Le Nin Avenue, Vinh City, Nghe An Province)

14. Phuc Gia Bao 68 Trading Investment Joint Stock Company (131 Bach Dang, Phuoc Trung Ward, Ba Ria City, Ba Ria - Vung Tau Province).

The Competition Management Department recommends that people be vigilant. If they discover multi-level marketing activities of these businesses, they should report them to the Department of Industry and Trade, local police or the Competition Management Department for handling.

According to TTO