Pharmaceutical company fined US$ 2,147 for raising facemask price
A pharmaceutical company in the Central Province of Thua Thien-Hue has been slapped with a fine worth VND50 million (US$2,140) after being caught selling a box of face masks at VND200,000 ($8.5), about four times higher than the regular price.
The Market Management Board in the Central Province of Thua Thien – Hue and related agencies yesterday decided to pay a visit to the pharmaceutical company after receiving complaints of face mask price raise.
At the company, a box of face mask was listed VND160,000 ( 50 face masks per box); however, through checking, the price of the face mask box is much lower than the price.
Accordingly, the management board and related agencies decided to throw a book at the company. SGGP
This was not the first time that Vietnamese authority detained people hoarding face masks in large quantities for illegally export to China.
The local market is seeing used disposable face masks being collected for reselling and reuse, as well as fake hand sanitizers being widely produced, amid the rapid spread of the Wuhan coronavirus.