VIET NAM COMPETITION COMMISSION OFFICIALLY COMES INTO OPERATION FROM APRIL 2023

Viet Nam Competition Commission (or National Competition Commission) is an agency under the Ministry of Industry and Trade with duties and powers including: To advise and assist the Minister of Industry and Trade in performing the function of state management of competition; initiate competition legal proceedings; control economic concentration; decide on an exemption from a prohibited competition restriction agreement; settlement of complaints about decisions on handling of competition cases and other duties in accordance with the provisions of the Competition Law 2018 and other relevant laws.

Please view the attached file for the complete update.

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