Khaisilk’s commercial infringements subject to strict punishments
By Phuong Anh
January 10, 2018 | 06:52 AM GMT+7
Deputy Prime Minister Truong Hoa Binh has assigned the Ministry of Public Security, the Ministry of Industry and Trade, the Ministry of Finance and other relevant agencies to strictly handle the commercial infringements caused by Khai Duc Ltd., Co. (Khaisilk) in accordance with the law.
A store of Khaisilk located in Dong Khoi street, HCMC. Photo: Nguyen Tri
In the middle of December 2017, the Ministry of Industry and Trade (MoIT) officially concluded the signs of violating the law by the company.
Accordingly, in the 2006-2009 period, Khaisilk imported the fashion products from China and Thailand. However, during the period from 2009 to October 15, 2017, Khaisilk no longer conducted imports.
From 2012 to the date, Khaisilk has not either produced, processed or ordered fashion products from domestic producers.
Instead, Khaisilk bought finished products from shops, business households and other firms on the market and marked the products with one of the labels, namely "Khaisilk®", "Khaisilk cách điệu" and "Khaisilk Made in Vietnam" for sale on the market.
According to MoIT, the company has shown signs of violating provisions of the criminal law on trading counterfeit products.
The results of the quality verification of textile products for some Khaisilk’s products showed that the verification results (no silk) are different from the information published (on the label) on the products ("100 per cent silk").
Moreover, Khaisilk has shown signs of violating the law on tax administration and management and labeling products. Specifically, some invoices presented by Khaisilk are not valid (invoices are not issued and managed by the district tax department) and some declared name of goods improperly.
At a Khaisilk’s store, the number of products shown in the accounting data is far more different from that actually audited. Khaisilk could not have explained the reason or presented sufficient invoices for these products.
During inspection, some products were found to be not labeled as regulated. The remaining products were labeled with insufficiently inscribed contents as prescribed in the goods labeling.
Inspection conclusions also showed that Khaisilk has signs of hiding information or providing incomplete and inaccurate information to consumers.
Furthermore, Khaisilk sold products of unknown origin without providing information or complete information to consumers.
Based on the inspection conclusions, the MoIT has directed the functional agencies to transfer case record and material evidence to the Investigation Police Agency for handling in accordance with regulations.
Under unforgiving conditions, the outdoor workers - the backbone of urban economies - endure the harshest impacts of climate change while remaining overlooked by social safety nets. Their resilience and struggles highlight the urgent need for better protection in the face of rising temperatures and precarious livelihoods.
Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.
Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.
The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.
The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.
