Investment News


Penalizing Phuong Dong Construction Investment Joint Stock Company 100 million VND

03/02/2021

The People's Committee of Van Don district has just sanctioned an administrative violation of VND 100 million against Phuong Dong Construction Investment Joint Stock Company (headquartered in Dong Xa commune), for pouring land and leveling the ground on an area that has not yet been completed. used by the People's Committee of Dong Xa commune, located outside the allocated land boundary.

 Accordingly, the encroached area is about 16,000m2 in Dong Tien village, Dong Xa commune. The People's Committee of Van Don district requested the Phuong Dong Construction Investment Joint Stock Company to overcome the consequences, restore the original state of the land before the violation, and return the encroached land. The time to implement remedial measures is 10 days from the date the Company receives the decision on sanctioning administrative violations from the People's Committee of Van Don district.

In case of failure to pay the fine directly to the person competent to sanction administrative violations as prescribed in Clause 2, Article 78 of the Law on Handling of Administrative Violations, Phuong Dong Construction Investment Joint Stock Company must pay the fine at the warehouse. State silver in Van Don district. All costs of organizing the implementation of remedial measures shall be paid by Phuong Dong Construction Investment Joint Stock Company.