How consortia of contractors are treated when bidding in Vietnam: joint liability, security, the Vietnamese partner rule for foreign contractors and the terms a joint venture agreement needs.
Legal & Investment Insights
Analysis and practical guidance from IVLF Advisors LLC on Vietnamese law, foreign direct investment, M&A, capital markets, tax, labor and dispute resolution — written for investors and business leaders operating in Vietnam.
The roughly US$250m owed by VietJet is a judgment debt under English court orders, not a damages award. We separate final rulings from interim steps and set out the lessons for Vietnamese aircraft finance.
When a foreign contractor needs a construction activity licence in Vietnam, what the dossier and Vietnamese partner rules require, and how the licence affects the contract.
How a JOLCO is built, where default risk sits among investors, banks, the SPV and the airline, and what the English VietJet litigation shows about the structure.
Who answers for a subcontractor in Vietnam, when the employer may nominate or consent, and how foreign contractors must involve Vietnamese partners under the 2026 framework.
Who must insure what on a Vietnam construction project: statutory duties, Decree 212 obligations for foreign contractors, FIDIC clause 18 and lender expectations.
How to choose an institution, seat and governing law for a Vietnam construction contract, and how to plan for enforcement of an award.
How a FIDIC 1999 dispute board works with Decree 210/2026 and the 2025 Law on Construction, and how to draft and enforce it in a Vietnamese contract.
How to design a dispute clause that works under the 2025 Law on Construction and Decree 210/2026, from claims and dispute boards to arbitration and PPP forum limits.
How Vietnamese law and the FIDIC 1999 edition allocate the risk of new legislation in a construction contract, and how the 2026 reforms affect contracts signed earlier.
How the Law on Construction 2025, the Civil Code and Decree 210/2026 define force majeure for construction contracts, and how the FIDIC 1999 edition Clause 19 compares on notice, time, cost and termination.
Grounds, notice rules and consequences of terminating or suspending a construction contract in Vietnam, and where the FIDIC 1999 edition diverges from the Law on Construction 2025 and Decree 210/2026.
