The sales of daily consumer goods would be prohibited for the large loss making companies

From January 2018, the government would prohibit the sales of daily consumer goods for the big companies that have zero or negative net income in two business years in a row – the bill about the amendment on the trade law contains. The bill was submitted to the National Assembly on Tuesday.

The document explains that the commercial chains with strong capital can afford to produce losses for several years, in order to keep their prices low, therefore the other businesses cannot keep up in such price competition, because they need profits to maintain themselves. (MTI)