General Director of Customs Nguyen Van Can said Asanzo Vietnam Electronics JSC had demonstrated numerous signs of violations during a press conference with relevant ministries and agencies on the case in Ha Noi on Monday.
CEO of Asanzo Vietnam Electronics JSC, Phạm Văn Tam announced in Hà Nội yesterday that his business was "vindicated" and would return to operations from September 17.
Retailers have taken Asanzo-branded items off their shelves after Asanzo Viet Nam Electronics JSC was accused of selling products imported from China as ''Made in Vietnam'' goods.
Minister of Industry and Trade Tran Tuan Anh has asked Government agencies to inspect potential wrongdoings at Asanzo Vietnam Electronics JSC to protect the rights and benefits of consumers and ensure a healthy business environment.
Datamart Solutions, which provides e-commerce market intelligence and analytics services, recently won the Startup Viet contest for outstanding Vietnamese start-ups with its PowerSell.
Asanzo plans to sell 15 per cent of its stake to call for capital of about VND500 billion (US$21.5 million) from now to 2020, Pham Van Tam, Asanzo chairman.
Asanzo Viet Nam JSC signed a co-operation agreement with the Viet Nam Cable Television Corporation (VTVcab) and NextMedia on the application of VTVcab ON on Asanzo’s smart devices.