Compensation price for rice land

The maximum fine for illegally converting rice fields to residential land can be up to 400 million VND. Illustration: Tuyet Lan

Illegal conversion of rice land to residential land fined up to 400 million VND

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Decree 123/2024/ND-CP stipulates the penalty for the act of using rice-growing land to another type of land without permission from a competent State agency.