List of multi-level-sale enterprises in Vietnam

Vietnam Competitive and Consumer Protection Authority herein updates the list of multi-level sale enterprises and effect of their multi-level sale activities registration certificate (hereinafter referred to as “MLS Certificate”) under the regulations of Decree 40/2018/ND-CP dated 12 March 2018 of the Government on management of multi-level sale activities updated until 17 December 2020, specifically:

No. Name of Enterprise Expiry date of MLS Certificate issued initially Renewal date of MLS Certificate Note
1 Amway Vietnam Co., Ltd. 17 October 2019 06 June 2019  
2 Unicity Marketing Vietnam Company Limited 22 December 2019 20 December 2019  
3 Tiens Viet Nam Co., Ltd 23 December 2019 10 December 2019  
4 Vietnam Link Group Joint Stock Company 25 December 2019 18 December 2019  
5 Aloe Trading Company Limited 31 December 2019 30 December 2019  
6 Nu Skin Enterprises Viet Nam Limited Liability Company 15 January 2020 14 January 2020  
7 Elken International Viet Nam Company Limited 28 January 2020 16 December 2019  
8 Herbalife Vietnam Single Member Limited Liability Company 05 February 2020 04 February 2020  
9 Perfect Global (Vietnam) Limited 10 February 2020 07 February 2020  
10 Total Swiss Vietnam Company Limited 10 February 2020 09 February 2020  
11 International Siberian Health Company Limited 12 February 2020 11 February 2020  
12 Hoang Dat Trading Service Single Member Company Limited 14 February 2020 12 February 2020  
13 New Image Viet Nam One Member Limited Liability Company 27 February 2020 12 February 2020  
14 Best World Vietnam Company Limited 09 March 2020 04 March 2020  
15 Sun Rider Vietnam Company Limited 15 July 2020 05 June 2020  
16 Viet Nam Diamond Life Style Company Limited 21 July 2020 20 July 2020  
17 Homeway Vietnam Company Limited 28 September 2020 25 September 2020  
18 My Loi Trading Company Limited 02 December 2020 01 December 2020  
19 Oriflame Vietnam Limited 12 November 2024    
20 Gcoop Vietnam Co., Ltd. 19 November 2024    
21 Seacret Limited Company 17 November 2024    
22 Kyowon The Orm Vietnam Company Limited 26 November 2025    

Note: Enterprises terminating its operation (due to being revoked or expired its MLS Certificate or terminated by itself) are still obliged to ensure the legitimate rights and benefits of multi-level sale participants in multi-level sale network of such enterprise and other obligations as provided for by law. Thus, currently, the Vietnamese market has 22 enterprises duly operating under the provisions of Decree 40/2018/ND-CP.

Source: Vietnam Competitive and Consumer Protection Authority

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