Vietnam Proposes Raising Maximum Administrative Fines to VND1.5 Billion
Vietnam's Ministry of Public Security has proposed amendments to the Law on Handling Administrative Violations, aiming to raise the maximum administrative fine to VND1.5 billion for individuals and VND3 billion for organizations. This move is based on the assessment that current penalties are insufficient to deter violations given economic growth. The proposal also includes provisions for on-the-spot fines and applying penalties based on electronic evidence for minor offenses to streamline enforcement.
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- Vietnam Proposes Raising Maximum Administrative Fines to VND 1.5 Billion
Vietnam's Ministry of Public Security has proposed amendments to the Law on Handling Administrative Violations, suggesting an increase in the maximum administrative fine for individuals from VND 1 billion to VND 1.5 billion. The proposed ceiling for organizations remains VND 3 billion. This move aims to strengthen law enforcement and maintain social order.