Vietnam store fined $22,500 for accepting dollars, yuan - News Summed Up

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Vietnam store fined $22,500 for accepting dollars, yuan


A store in the northern town of Ha Long has been fined VND500 million (US$22,500) for accepting payment in US dollars and yuan, local media reported. Earlier on May 30, inspectors found the same violation at the store and even caught an employee accepting Taiwan dollars. In January, an investigation by Dan Viet news website found the store and two others in Ha Long, Hai Anh and Tan Sinh The, listing prices in foreign currencies. However, the State Bank of Vietnam did not approve the fine, saying the case had expired by the time they received relevant documents from Ha Long authorities. The fine was issued by the State Bank of Vietnam.


Source: Thanhnien News August 02, 2016 08:37 UTC



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