Another multi-level marketing business suspended

The Department of Competition and Consumer Protection (Ministry of Industry and Trade) has just announced the temporary suspension of multi-level sales activities of Hoang Dat Trading and Service One Member Co., Ltd., located on the 5th floor, Scetpa building, 19A Cong Hoa street, ward 12, Tan Binh district, Ho Chi Minh city.

Illustration photo.

In addition, this company also has a multi-level marketing business location at No. 4, Lane 86/16, To Vinh Dien Street, Khuong Trung Ward, Thanh Xuan District, Hanoi City. The legal representative of the multi-level marketing business is Mr. LEE CHING TSAN.

Hoang Dat Trading and Service One Member Co., Ltd. has a Certificate of registration for multi-level sales activities No. 027/QLCT-GCN issued by the Competition Management Department (now the Department of Competition and Consumer Protection) of the Ministry of Industry and Trade for the first time on February 14, 2015, and the second amendment and supplement issued on December 14, 2016.

According to the Competition and Consumer Protection Department, the reason for the suspension of multi-level marketing activities is that the company's business is not effective. Therefore, the scope of the suspension of multi-level marketing activities will be nationwide.

Time to temporarily suspend multi-level sales activities from December 1, 2017 to May 30, 2018.

According to baotintuc