Headlines 21/09/2017 10:31 SA

A lot of conditions for trade in alcohol become invalid

Khắc Duy

Pursuant to the Decree No. 105/2017/ND-CP on trade in alcohol which has been recently issued by the Government, business entities must conform to the following conditions to be licensed to distribute alcohol:

- Be established under applicable laws and regulations;

- Have a storage facility of which the floor area is at least 150 m2 (the floor area of 300 m2 prescribed in the previous regulation);

- Ensure that commercial alcohol must meet food safety standards;

- Maintain its distribution network throughout at least 02 provinces/cities; in each province/city, it must assign at least 01 alcohol wholesaler (06 provinces and 03 traders in each province as prescribed by the previous regulation);

- Receive the introduction letter or the agreement in principle from another alcohol manufacturer, distributor or a foreign alcohol supplier;

- Stringently comply with regulations on fire safety and environmental protection.

Compared with previous provisions laid down in the Decree No. 94/2012/ND-CP the Decree No. 105 will abolish regulations on conditions concerning business location, transport equipment and financial capability of alcohol trading or distribution companies.

For more details, please read the Decree No.105/2017/ND-CP about to commence on November 1, 2017.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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