Construction

Some issues related to advance payments in construction implementation contracts of state-owned enterprises

Currently, the Vietnamese government is actively promoting public investment to drive economic growth, which has

Value-added tax rate for construction implementation contracts from January 1, 2025 to June 30, 2025

Currently, in many construction implementation contracts, the parties often agree on a contract value that includes value-added tax (VAT). However, errors in determining the applicable VAT rate often occur, leading

The value of liquidated damage clause in construction contracts

The liquidated damages agreement is not a new concept, it is becoming increasingly popular and is considered by the parties entering into commercial contracts. Liquidated damage is also commonly applied