Construction

Procedures for issuance of new construction competency certificate grade III

A construction competency certificate is the legal basis for an organization to be permitted to participate in construction activities in accordance with the

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 led to an increasing demand for contractors for projects funded by public investment (including state-owned

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