Tag: Vietnam

Vietnam Tightens Oversight of Multi-Level Marketing with New Decree

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Effective from July 1, 2026, Decree 137 will replace Decree No. 40/2018/ND-CP. The new directive provides a comprehensive framework covering registration, operation, participant management, escrow requirements, and state supervision of MLM activities. Read more https://www.vietnam-briefing.com/news/vietnam-tightens-oversight-of-multi-level-marketing-with-new-decree.html/[Continue Reading...]

S Korea’s Kyowon ends multi-level marketing operations in Vietnam

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South Korea’s Kyowon The Orm Vietnam Co., Ltd. has completed procedures to terminate its multi-level marketing (MLM) operations in Vietnam, the National Competition Commission (NCC) under the Ministry of Industry and Trade said in a statement. On November 4, 2025,…[Continue Reading...]

Vietnam police dismantle mushroom-based MLM ring involving 9,000 people

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A trillion-VND scheme promoted a health supplement while secretly operating a transnational pyramid structure. Lang Son Provincial Police have dismantled a massive multi-level marketing (MLM) network operating across Vietnam and internationally, arresting 12 suspects and seizing a large quantity of…[Continue Reading...]

Herbalife Vietnam fined $8,000 for violating multi-level marketing rules

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The National Competition Commission has fined Herbalife Vietnam, a U.S-invested dietary supplement company, VND205 million (over $8,000) for its violations in multi-level marketing. According to a decision by the commission, Herbalife Vietnam, headquartered at No. 26 Tran Cao Van street,…[Continue Reading...]

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