HOW WHOLESALE AND RETAIL DIFFER IN LEGAL REALM?

HOW WHOLESALE AND RETAIL DIFFER IN LEGAL REALM?

The legal question on how to identify the difference between wholesale and retail has been a vital concern for the foreign-invested company in Vietnam (FDI). In particular, on the one hand, if the business activity of an FDI is acknowledged as a wholesale activity, it shall be exempt from the requirement for business license (save for the wholesale of numerous…