The price of fireworks Z121 near Tet, what does the Ministry of Industry and Trade say?

The Department of Competition and Consumer Protection (Ministry of Industry and Trade) has just warned consumers to ensure their rights when buying fireworks during the Lunar New Year of the year 2023.

This agency said that the time Lunar New Year 2023 is approaching, the press has reflected the situation of “scarcity” and “price blowing” of soundless fireworks (fireworks) products at some websites, e-commerce applications and stores of the Company. Chemical One Member Limited Liability Company 21 (Factory Z121).

Specifically, in the past time, the unit has received feedback on the status of Store No. 15 (at address No. 3, Trung Liet Street, Trung Liet Ward, Dong Da District, Hanoi City) and Store No. 26 (No. 143, Vuong Thua Vu Street, Khuong Trung Ward, Thanh Xuan District, Hanoi City) selling products at a higher price than the listed price. Factory Z121 has decided to stop the operation of the two stores mentioned above, recall the products and notify the locality.

The Department of Competition and Consumer Protection emphasized, firework is a conditional business product. The research, production and sale of fireworks in Vietnam must comply with and meet the requirements of technique, security, order, safety, fire prevention and fighting as prescribed by law.

At the same time, only organizations and enterprises under the Ministry of National Defense may trade fireworks and must be granted certificates of satisfaction of security and order conditions by a competent police agency; ensuring the conditions for fire prevention and fighting, incident prevention and response and environmental protection (as prescribed at Point a, Clause 2, Article 14 of Decree No. 137/2020/ND-CP dated 27/11// 2020 of the Government on the management and use of firecrackers).

List price list of fireworks products of Factory Z121. (photo: Department of Competition and Consumer Protection).

To promptly warn and help consumers ensure their legitimate rights and interests when buy fireworksIn order to avoid “inflating prices”, the Department of Competition and Consumer Protection said that in 2022, the total production and supply of all kinds of fireworks products for the stores of Z121 Factory is over 4 million products. products, 10 times the output in 2021.

Regarding the selling price of fireworks products, Factory Z121 applies the sales policy at the listed price and directly to consumers through a system of stores nationwide and issues management forms filled with information. sufficient information regarding the buyer, quantity and type of goods sold.

According to the Department of Competition and Consumer Protection, currently, only two enterprises under the Ministry of National Defense are licensed to trade fireworks products, including: Z121 Factory and National Economic and Technical Corporation. department (GAET Corporation). In which, Factory Z121 currently has 247 shops to introduce and sell fireworks products in 52/63 provinces and cities directly under the Central Government; GAET Corporation currently has 2 stores in Hanoi and Ninh Binh.

The Department of Competition and Consumer Protection recommends that consumers buy fireworks products at the right prices listed at stores and business locations licensed by competent authorities, ensuring that they are eligible for business. security, order, safety, fire prevention and fighting according to the provisions of law. Trading activities outside the stores of Z121 Factory and GAET Corporation are once morest the law.

In case of detecting business activities, buying and selling fireworks at locations outside the announced stores of Z121 Factory and GAET Corporation or on the internet, the Ministry of Industry and Trade recommends consumers promptly provide information to competent authorities for handling in accordance with law.

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