Online sellers fined for hiking prices of face masks, hand sanitiser

Sellers hiking the prices of face masks and hand sanitiser on some e-commerce websites have been fined.
Online sellers fined for hiking prices of face masks, hand sanitiser ảnh 1A seller on Shopee.vn offers a box of face masks for 2.7 million VND (116 USD). (Photo ndh)

Hanoi (VNA)
-Sellers hiking the prices of face masks and hand sanitiser on some e-commercewebsites have been fined.

According to the Department of E-commerce and Digital Economy under theMinistry of Industry and Trade (MoIT), violations were found on Sendo.vn,Shopee.vn, Lazada.vn, Tiki.vn, chotot.com, vatgia.com and fado.vn. Sellers wereallegedly taking advantage of the coronavirus epidemic to raise prices ofprotective goods.

The department said the move was to prevent stores from selling these productsat high prices amid the outbreak.

As of February 24, after reviewing a total of 463,865 online sellers, the teamfound 5,200 that increased prices on 21,000 products. 

There were more than 400 sellers increasing prices for 4,000 medical masksand 100 hiking prices for more than 1,500 hand gel products on sendo.vn.

Similarly, on Shopee.vn, 3,000 stalls were found charging high prices for 3,500masks and more than 400 stalls selling hand gel products at unreasonable prices.

A seller on Shopee.vn offered a box of face masks for 2.7 million VND (116USD), while the normal price was just 250,000 VND earlier this month. Theseller was fined.

About 1,000 sellers on other e-commerce platforms were also fined. 

On February 19, the department checked 223,597 sellers and found 5,000 of themwere offering more than 20,000 products at exorbitant prices.

Since the end of January, the COVID-19 epidemic has killed more than 2,600people and infected nearly 79,000 others, impacting localconsumer behaviour and raising interest in personal hygiene products.

According to global data and consulting company Kantar Worldpanel, onlineshopping platforms and delivery services are predicted to witness growth inboth shopper base and incremental spending by attracting new shoppers who havenever shopped online, and by increased or upgraded spendingfrom existing online shoppers./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.