On October 4, information from the People's Committee of Binh Dinh province said that the Chairman of the People's Committee of this province has just issued a decision to fine two gold trading establishments in Quy Nhon city for displaying counterfeit goods.
Accordingly, My Long Jewelry Company Limited and Huong Binh Gold Private Enterprise displayed and sold counterfeit goods, with the value of the infringing goods ranging from 40 to 70 million VND, so each enterprise was fined 90 million VND.
Previously, on September 18, Market Management Team No. 3 coordinated with the Economic Police Department, Binh Dinh Provincial Police to inspect these two businesses.
At the time of inspection, both businesses were displaying for sale gold-colored metal goods with the Chanel brand printed/cast/attached directly on each product, which could not be separated; the goods were made in Vietnam, without invoices or documents.
The value of the infringing goods of Huong Binh Gold Private Enterprise is more than 65 million VND and of My Long Gold and Gemstone Limited Liability Company is nearly 64 million VND.
