The government has submitted to the National Assembly a draft amendment to the Law on Handling of Administrative Violations, proposing to extend the statute of limitations to 2 or 3 years in some fields and raise maximum fines to 1.5 billion dong for individuals and 3 billion dong for organizations. Deputy Vu Van Tien says higher fines are needed to punish deliberate, illegally profitable or high-impact violations, but must be proportionate, especially for household businesses and small enterprises. Lawyer Pham Ngoc Thanh supports stronger enforcement but argues increases should not be applied across the board, since deterrence also depends on detection, timely handling and enforceability. He says the legal maximum should be distinguished from the fine applied to each specific violation, and that actual financial capacity must be considered, as a fine that is minor for a large company may exceed what a small operator can pay. In areas such as food safety, environmental protection and counterfeit goods, fines must be high enough that violators do not treat them as a business cost when the gains from violations are larger.
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Original headline: Đề xuất tăng mức phạt tiền tối đa lên 1,5 tỷ đồng đê bảo đảm tính răn đe
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VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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