What are maximum fines for administrative violations in planning and investment sector in Vietnam?

What are maximum fines for administrative violations in planning and investment sector in Vietnam? Thank you!

What are penalties and remedial measures in planning and investment sector in Vietnam?

Pursuant to Article 3 of the Decree 122/2021/ND-CP stipulating penalties and remedial measures in planning and investment sector in Vietnam as follows: 

- Main penalties include:

+ Warnings;

+ Fines.

- Depending on the nature and severity of the violation, the violator may be liable to one or more remedial measures specified in Articles from Chapter II to Chapter V of this Decree.

What are maximum fines for administrative violations in planning and investment sector in Vietnam?

Pursuant to Article 4 of the Decree 122/2021/ND-CP stipulating fines in planning and investment sector in Vietnam as follows: 

- Maximum fines for administrative violations specified in this Decree are as follows:

+ The maximum fine for an administrative violation against regulations on investment: VND 300,000,000;

+ The maximum fine for an administrative violation against regulations on bidding: VND 300,000,000;

+ The maximum fine for an administrative violation against regulations on enterprise registration: VND 100,000,000;

+ The maximum fine for an administrative violation against regulations on planning: VND 500,000,000.

- The fines for administrative violations specified in this Decree are imposed upon organizations (except for the fines for violations specified in Point c Clause 2 Article 28; Points a and b Clause 2 Article 38; Article 62 and Article 63 of this Decree, which are imposed upon individuals). For the same violation, the fine incurred by an individual is 1/2 (half) that incurred by an organization.

Best regards!

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