News & Events

Regularly update news & events about business integrity

A construction company was fined 435 million for violating the Law on Environment

In the afternoon of August 13th, the People’s Committee of Ha Tinh province issued a decision to sanction Tien Dat Construction Joint Stock Company 435 million VND for the act of discharging wastewater causing environmental pollution.

Specifically, Tien Dat company was fined 290 million VND for discharging wastewater directly into the sea causing environmental pollution and a fine increase of 50% for recidivism, disregard of the law. At the same time, Tien Dat Company was suspended for 3 months and forced to renovate and upgrade the wastewater treatment system to ensure technical standards in accordance with the law.

Tien Dat Joint Stock Company has invested in shrimp farming since 2015 in Thinh Loc commune (Ha Tinh province) on an area of more than 10 hectares of water, located close to the sea. In operation, the shrimp pond of Tien Dat Company did not treat wastewater properly but discharged it directly to the environment. The local marine environment has been seriously polluted, causing frustration in society, suffering a loss of money and the company’s reputation

In fact, protection of environment is important in practice for responsible businesses. The Government of Vietnam has issued Decree 155/2016 / ND-CP, which provides appropriate penalties for violations of the regulations on environmental protection. Enterprises can refer to the Environmental Technical Regulations for wastewater on the website of the Institute of Legal Science (Ministry of Justice) and Decree 155/2016 / ND-CP at the Government Portal. Let’s take a closer look at Article 13, which deals with a violation of wastewater treatment regulations.

To avoid penalty and sustain your reputation in the market, it is advisable to take care of environmental impact and ethical standards in operation of your business. A code of conduct is important to identify the company’s ethic values and manage the employees’ behaviours more responsively. You can visit our website to learn more application of code of conduct. Otherwise you can refer an example of a code of conduct here  

Share articles:
Project news, Relevant news

Around 40-50% in total 239 surveyed enterprises did not properly…

17.12.2020
812 views
Project news, Relevant news

Internal control in business help prevent and minimize risks in…

03.07.2020
517 views
Project news, Relevant news

For successful application of internal control and code of conduct…

19.06.2020
560 views