Dong Nai Material & Building Investment Joint Stock Company was fined for illegal land use
Dong Nai Material & Building Investment Joint Stock Company was fined VND 585 million for illegal land conversion and unauthorized use of land in Tan Cang 5 quarry. The company was also required to return VND 11.2 billion in unlawful profit to the state budget. The violations occurred between 2016 and 2023. The company did not need to restore the land due to national infrastructure needs. In Q1/2025, it posted a net loss of VND 501 million, marking continued weak performance.
Dong Nai Material & Building Investment Joint Stock Company was fined VND 585 million for illegal land conversion and unauthorized use of land in Tan Cang 5 quarry. The company was also required to return VND 11.2 billion in unlawful profit to the state budget. The violations occurred between 2016 and 2023. The company did not need to restore the land due to national infrastructure needs. In Q1/2025, it posted a net loss of VND 501 million, marking continued weak performance.
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