During Tet 2023, what is xem bóng đá trực tiếp vtv2 maximum discount rate for xem bóng đá trực tiếp vtv2 promoted product in Vietnam?

What is sales promotion?

Pursuant to Clause 1 Article 88 of xem bóng đá trực tiếp vtv2 Law on Commercial in 2005 stipulating sales promotion as follows:

Sales promotion

Sales promotion means activities of commercial promotion conducted by traders to promote xem bóng đá trực tiếp vtv2 purchase and sale of goods or xem bóng đá trực tiếp vtv2 provision of services by offering certain benefits to customers.

As regulations above, sales promotion means activities of commercial promotion conducted by traders to promote xem bóng đá trực tiếp vtv2 purchase and sale of goods or xem bóng đá trực tiếp vtv2 provision of services by offering certain benefits to customers.

Pursuant to Article 93 of xem bóng đá trực tiếp vtv2 Law on Commercial in 2005 stipulating sales promotion goods and services as follows:

Sales promotion goods and services

1. Sales promotion goods and services mean goods and services use by traders to promote their sale and provision in various forms of sales promotion.

2. Sales promotion goods and services must be those traded lawfully.

As regulations above, there are 2 cases of sales promotion goods and services in Vietnam, which are:

- Sales promotion goods and services mean goods and services use by traders to promote their sale and provision in various forms of sales promotion.

- Sales promotion goods and services must be those traded lawfully.

During Tet 2023, what is xem bóng đá trực tiếp vtv2 maximum discount rate for xem bóng đá trực tiếp vtv2 promoted product in Vietnam?

Pursuant to Clause 1 and 2, Article 7 of xem bóng đá trực tiếp vtv2 Decree 81/2018/NĐ-CP stipulating maximum discount rate for xem bóng đá trực tiếp vtv2 promoted product as follows:

Maximum discount rate for xem bóng đá trực tiếp vtv2 promoted product

1. xem bóng đá trực tiếp vtv2 maximum discount must not exceed 50% of xem bóng đá trực tiếp vtv2 prices of such promoted product before xem bóng đá trực tiếp vtv2 sales promotion.

2. For time-limited promotion prescribed in Clause 5 in Article 6, 100% discount shall be offered. 100% discount may be also applied to sales promotion activities included in programs or activities of sales promotion decided by xem bóng đá trực tiếp vtv2 Prime Minister.

As regulations above, xem bóng đá trực tiếp vtv2 maximum discount must not exceed 50% of xem bóng đá trực tiếp vtv2 prices of such promoted product before xem bóng đá trực tiếp vtv2 sales promotion.

For time-limited promotion prescribed in Clause 5 in Article 6, 100% discount shall be offered. 100% discount may be also applied to sales promotion activities included in programs or activities of sales promotion decided by xem bóng đá trực tiếp vtv2 Prime Minister.

Pursuant to Clause 4 and 5, Article 6 of xem bóng đá trực tiếp vtv2 Decree 81/2018/NĐ-CP stipulating maximum value of promotional product as follows:

Maximum value of promotional product

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4. For time-limited sales promotion (effective within certain frame of hours, days, weeks, months or seasons), xem bóng đá trực tiếp vtv2 limit shall be 100% of xem bóng đá trực tiếp vtv2 value of xem bóng đá trực tiếp vtv2 promotional product. Such limit shall also be applied to sales promotion activities included in programs or activities of sales promotion decided by xem bóng đá trực tiếp vtv2 Prime Minister.

5. Concentrated sales promotion programs prescribed in Clause 4 in this Article include:

a) time-limited sales promotion programs effective within certain frame of hours, days, weeks, months or seasons conducted by xem bóng đá trực tiếp vtv2 central and provincial state agencies for xem bóng đá trực tiếp vtv2 purpose of implementing economic development policies which covers national and local objectives. xem bóng đá trực tiếp vtv2 State shall issue incentive policies for conducting concentrated sales promotion programs. All traders are entitled to participate in such programs;

b) Sales promotion programs on Tet holidays and other holidays as prescribed in xem bóng đá trực tiếp vtv2 labor law include:

- sales promotion programs on Lunar New Year conducted 30 days ahead of xem bóng đá trực tiếp vtv2 first day of lunar year;

- sales promotion programs conducted on other holidays. Sales promotion period of each promotion program conducted on Tet holidays or other holidays shall not exceed xem bóng đá trực tiếp vtv2 time for such holidays in accordance to xem bóng đá trực tiếp vtv2 labor law.

As regulations above, on Tet 2023, sellers can conduct concentrated promotions and can promote 100% of goods and services.

Sales promotion programs on Tet 2023 shall be conducted 30 days ahead of xem bóng đá trực tiếp vtv2 first day of lunar year.

What are xem bóng đá trực tiếp vtv2 fines for exceeding prescribed maximum sales promotion during Tet 2023 in Vietnam?

Pursuant to Clause 2.e and 2.g, Article 33 of xem bóng đá trực tiếp vtv2 Decree 98/2020/NĐ-CP stipulating violations against regulations on sales promotion as follows:

Violations against regulations on sales promotion

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2. A fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed for committing one of xem bóng đá trực tiếp vtv2 following violations:

...

e) Performing a sales promotion program in which total value of promotional goods or services exceeds xem bóng đá trực tiếp vtv2 prescribed maximum one;

g) Doing a sales promotion program in xem bóng đá trực tiếp vtv2 form of discounts in which xem bóng đá trực tiếp vtv2 discount rate for xem bóng đá trực tiếp vtv2 promoted goods or services exceeds xem bóng đá trực tiếp vtv2 prescribed maximum one;

As regulations above, xem bóng đá trực tiếp vtv2 fines for exceeding prescribed maximum sales promotion during Tet 2023 in Vietnam shall be from VND 10.000.000 to VND 20.000.000.

xem bóng đá trực tiếp vtv2 fine for organization shall be doubled.

Best regards!