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Multi-Level Marking In Vietnam – Tighter Financing And Easier Administration.
['Rohin Pujari']
Conventus Law
Multi-Level Marking In Vietnam – Tighter Financing And Easier Administration.
This has allowed strong MLM enterprises with solid finances to increase market share.
A New MLM DecreeOn April 7, 2026, the Government promulgated Decree 137/2026/ND-CP (“Decree 137”) providing a changed regulatory framework.
More people are prohibited from participating in MLM salesDecree 137 expands the list of individuals prohibited from participating as MLM distributors.
Previously, steps such as issuance, amendment and re-issuance of certificates for MLM enterprises could only be conducted in person or by post.