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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Tuesday, April 8, 2025

Temu ordered to suspend operations in Vietnam over absence of license

By Truc Dao

Must read

HCMC – The Department of E-commerce and Digital Economy at the Ministry of Industry and Trade has instructed Temu to suspend its sales operations in Vietnam until it completes the required licensing procedures, the local media reported.

Temu, an online marketplace operated by the Chinese e-commerce company PDD Holdings, has gained popularity in Vietnam in a short period of time thanks to its steep discounts.

The department has called for consumers to avoid using unlicensed platforms, including Temu, to protect their rights. It has told Temu to make refunds for any unfulfilled orders, emphasizing the platform’s obligation to reimburse customers if items are not delivered within the promised timeframe.

In October, the department met with Temu’s legal representative, instructing the platform to finalize its registration with the Ministry of Industry and Trade by November. Temu was also directed to display warning banners on its website and app, notifying Vietnamese users of its pending registration status.

Failure to meet the November deadline prompted the suspension order. Additionally, Temu has been directed to remove promotional and marketing campaigns that violate consumer protection law.

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