Decree No. 03/2023/ND-CP dated February 10th, 2023 of the Government on defining the functions, tasks, powers and organizational structure of Viet Nam Competition Commission

Vietnam Competition Commission established under this Decree is an agency of the Ministry of Industry and Trade of Vietnam in charge of initiating competition proceedings, controlling economic concentrations, issuing decisions to grant exemption from prohibition of anti-competitive agreements, dealing with complaints against decisions on competition cases in accordance with regulations of law; providing advice for and assisting the Minister of Industry and Trade of Vietnam in performing state management of competition, protection of consumer rights and multi-level marketing operations.

Tasks and powers of Vietnam Competition Commission are regulated at Article 2 of this Decree.

This Decree comes into force from April 1st, 2023.

To replace Decree No. 07/2015/ND-CP dated January 16th, 2015 and Decision No. 24/2015/QD-TTg dated June 30th, 2015

The phrase “Cục Cạnh tranh và Bảo vệ người tiêu dùng” (“Vietnam Competition and Consumer Authority”) is changed into “Ủy ban Cạnh tranh Quốc gia” (“Viet Nam Competition Commission”) in Clause 2 Article 54 and the Appendix enclosed with Decree No. 40/2018/ND-CP dated March 12th, 2018; The phrase “Cục Quản lý cạnh tranh” (“Vietnam Competition Authority”) is changed into the phrase “Ủy ban Cạnh tranh Quốc gia” (“Viet Nam Competition Commission”) in Clause 1 Article 34 of Decree No. 99/2011/ND-CP dated October 27th, 2011; The phrase “Cục Cạnh tranh và Bảo vệ người tiêu dùng” (“Vietnam Competition and Consumer Authority”) is changed into “Ủy ban Cạnh tranh Quốc gia” (“Viet Nam Competition Commission”) in Clause 1 Article 1 of Decree No. 54/2020/ND-CP dated May 18th, 2020.