Multi-level marketing firm investigated for scamming 36,000

The Supreme People’s Procuracy has arrested and commenced criminal proceedings against eight heads of the Thăng Long multi-level marketing company for alleged fraudulent appropriation of assets.

Stricter rules against multi-level marketing only a partial solution

Vietnamese have avoided multi-level marketing as though it were the plague, and for fair reason.

Nhã Khắc Lâm multi-level company faces inspection

The Ministry of Industry and Trade has decided to set up an inspection team to supervise the operation of the multi-level marketing activities of Nhã Khắc Lâm Co, Ltd.

Pyramid schemers fined $25,000

The Vietnam Competition Authority (VCA) has decided to fine a multi-level marketing company a quarter of a million dollars for multiple operational infractions.

Amway Vietnam gets ISO certificate Amway Vietnam Ltd Company (Amway Vietnam) became the first multi-level marketing company to receive the global ISO 22000:2005 Certificate dealing with food safety for its vitamins and dietary supplements brand of Nutrilite.

Tour scandal raises questions Last week, more than 700 Vietnamese people were left stranded in the middle of a MICE (Meeting-Incentive-Conventions-Exhibition) tour in Bangkok.

700 tourists left stranded A dispute over money between a Vietnamese travel firm and its Thai partner saw 700 Vietnamese package tourists being stranded in Bangkok and ending up paying their own bills and fending for themselves.

Communication events that defined 2012 Last year was one of development for Viet Nam's information and communication technology (ICT) sector. Forty journalists specialising in the sector selected 10 events that highlighted ICT achievements and shortfalls.

Hundreds duped by online marketing Hundreds of households in the central province of Binh Thuan's Tanh Linh and Duc Linh districts were allegedly cheated by a multi-level marketing company.

New laws open doors for foreign enterprises Viet Nam's new laws on investment and business operations have taken effect. As of July 1, both foreign and domestic investors fall under the governance of the same Enterprise Law and the Investment Law.