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Chinese online retailer Temu suspended in Vietnam

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Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is
The Chinese online retailer Temu has been suspended in Vietnam due to its failure to comply with the country's e-commerce regulations. The Vietnamese Ministry of Industry and Trade issued a directive to block Temu's website and app, citing violations such as not establishing a local representative office, not providing clear information about its business operations, and not adhering to regulations on consumer protection, dispute resolution, and tax obligations. This action reflects Vietnam's efforts to regulate foreign e-commerce platforms more stringently, ensuring they meet local legal standards and protect consumer rights. The suspension serves as a warning to other foreign e-commerce entities operating in Vietnam to comply with local laws or face similar consequences.

Read the Full WKRG Article at:
[ https://www.wkrg.com/news/technology-science/ap-technology/ap-chinese-online-retailer-temu-suspended-in-vietnam/ ]