Vietnam Suspends Chinese E-Commerce Platform Temu Over Registration Issues

The suspension follows Temu's failure to meet a government deadline, with concerns raised about its low prices and potential impact on local businesses.

• Vietnam's Ministry of Industry and Trade suspended Temu's operations after the company missed a November registration deadline.
• Temu, owned by China's PDD Holdings, launched in Vietnam in October, offering steep discounts and free shipping to attract consumers.
• The Vietnamese government expressed concerns about the authenticity of Temu's low-cost products and their negative impact on domestic manufacturers.
• Temu has removed Vietnamese language options from its platform and stated it is working with authorities to complete the registration process.
• The suspension comes as Temu faces scrutiny in Europe and South Korea over allegations of enabling illegal product sales and engaging in unfair practices.

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