Chapter II
RIGHTS AND OBLIGATIONS OF BUSINESS OR PRODUCTION ORGANIZATIONS, INDIVIDUALS AND CONSUMERS IN PRICE FIELS:
Article 11. Rights of business or production organizations, individuals:
1. Self-determining prices of goods or services which they manufacture, business, except for goods or services under the List of goods or services defined prices by the State.
2. Deciding buying/sale prices of goods or services which they manufacture, business, and the State stipulated frame of prices, maximum prices, minimum prices.
3. Bidding, auction, price agreement, price negotiation and price competition under other forms as prescribed by law upon buying or selling goods or services.
4. Applying principles, grounds, and methods of price determination prescribed by the State to determine prices of goods or services.
5. Adjusting prices of goods or services which they manufacture, business in accordance to changes of elements forming prices.
6. Lowering sale prices of goods or services but not be considered violation of law on competition and law of fighting dumping for import goods, and simultaneously must post public the old price level, the new price level, time limit of price lowering at the transaction place in the following cases:
a) Fresh goods;
b) Inventory goods;
c) Seasonal goods or services;
d) Goods or services for promotion as prescribed by law;
dd) Goods or services of enterprises in cases of bankruptcy or dissolution; changing locations, business/production trades;
e) Goods or services upon performing policy on price stabilization of the State.
7. Proposing competent State agencies to adjust prices of goods or services which they manufacture, business in the List of goods or services defined prices by the State.
8. Reaching information on price policy of the State; measures of managing and regulating prices of the State and other publicity information.
9. Complaints, denunciations or suing against acts having signs of violation of law on prices; requiring organizations, individuals compensating due of acts violating laws on prices as prescribed by law.
Article 12. Obligations of business or production organizations, individuals:
1. Making price plan for goods or services which they manufacture, business in the List of goods or services defined prices by the State and submitting to authorities for decision.
2. Complying with decisions on prices, measures of price stabilization of competent State agencies.
3. Registering sale prices or buying prices for goods or services being subject to register price and taking responsibility for exactness of registered price level as prescribed by law.
4. Declaring sale prices or buying prices for goods or services and taking responsibility for exactness of declared price level for goods or services be subject to declare prices under provisions of Government.
5. Posting up prices:
a) For goods or services being defined prices by the State, the production or business organizations, individuals must post up prices exact with prices stipulated by competent State agencies and exactly buy, sell under posted prices;
b) For goods or services not in the List of goods or services being defined prices by the State, the production or business organizations, individuals shall decide prices for posting up and not permitted to buy, sell with prices higher than posted prices;
6. Publicity of information on prices of goods or services within their authority of determining prices as prescribed in this Law.
7. Timely, exactly, completely supplying relevant figures, documents at the requirement in written of competent State agencies in cases prices being determined by the State, measures of price stabilization for goods or services of the production or business organizations, individuals being applied.
8. Solving timely all complaints on prices of goods or services which they manufacture, business. Compensating for acts violating law on prices as prescribed by law.
Article 13. Rights of consumers
1. Selecting, making agreement and giving opinions when buying goods or service.
2. Being supplied information exactly, fully about prices, quality, and origins of goods or services.
3. Asking for compensation upon the goods or services having bought did not meet the standard of quality, quantity, price or other content which have been published, posted up, commited by organizations, individuals manufacture and business such goods or services.
4. Proposing competent State agencies to adjust prices of goods or services being defined prices by the State when elements forming prices change.
5. Complaints, denunciations, suing or proposing social organizations suing against acts having signs of violation of law on prices under provisions of this law or other provisions of relevant laws.
Article 14. Obligations of consumers
1. Paying under the price level which had agreement, selected or price level was stipulated by the State when buying goods or service.
2. Notifying to relevant state agencies, organizations, individuals upon detecting acts having signs of violating law on prices.
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