Despite a number of significant efforts made by lawmakers throughout the entire 30 year of reforming the economy, foreign investors have never found establishing a company in Vietnam easy, both in term of cost and
Letter of Acceptance – What you need to know The meaning of Letter of Acceptance is similarly defined by Federation International de Consulting Engineers (“FIDIC”) in its publication of various standard forms of construction contracts.
The increase in housing demand and extending policies of investment in construction and housing development in Vietnam, the business operations of housing compromises of buying off –the plan is the way moving forward. In Vietnam,
Foreigners and housing in Vietnam If you are an expat working or living in Vietnam for an extended period of time, and you do not have a clear understanding of the legal procedures pertaining to
This newsletter presents some Legal Issues Relating to Construction Contracts, including (i) types of construction contracts, (ii) potential risks, (iii) differences between Vietnamese law and FIDIC, and (iv) price, payment and payment application. Respectfully, current
FIDIC 2017 VS FIDIC 1999: FUNDAMENTAL CHANGES THE BACKGROUND FOR THE CHANGE As for construction field, a popular standard form of construction and engineering contract, especially First Edition Rainbow Suites of contracts published by the
CNC Counsel recognises that most of the practitioners, (employers, contractors, engineers), and professional (lawyers, legal executive, contract executive etc.) find it difficult, for an instant, to select the most suitable form of FIDIC contract in
This article addresses an overview of key differences between the Red Book (1999), the FIDIC Yellow Book (1999) and the FIDIC Silver Book (1999). FIDIC contracts are commonly used on international construction and engineering projects.