How interim payment, final account and liquidation work under the Law on Construction 2025 and Decree 210/2026, and which fixed deadlines apply only to public-investment and PPP projects.
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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.
Acceptance and handover decide risk, delay damages, warranty and final payment. This guide aligns FIDIC 1999 certificates with Vietnamese acceptance rules under Decree 210/2026.
The FIDIC Engineer, the Silver Book Employer’s Representative and the Vietnamese supervision consultant are different roles. This guide explains their powers, limits and interaction.
A missed 28-day notice can extinguish a strong claim. This guide explains the FIDIC 1999 time bar, Vietnamese notice and limitation rules, and how to protect or resist a claim.
An extension of time does not automatically bring money. This guide explains how FIDIC 1999 and Vietnamese law treat prolongation costs, notices and the evidence needed to recover them.
How Article 86 of the Construction Law, the 12% cap for public and PPP contracts and FIDIC Sub-Clause 8.7 shape delay damages and penalties in Vietnam.
How an extension of time is claimed, proved and approved under FIDIC 1999 and Decree 210/2026, including the 28-day notice, concurrent delay and public-project approvals.
How the Construction Law and Decree 210/2026 treat variations, additional work and amendments, and how FIDIC Clause 13 fits Vietnamese law.
How Decree 210/2026 and the Construction Law treat lump-sum, fixed-rate and adjustable-rate prices, and how to draft an escalation clause that works alongside FIDIC.
The statutory warranty under Vietnamese law and the FIDIC Defects Notification Period overlap but differ in duration, cost allocation and security. This guide shows how to draft them to work together.
A performance bond only protects the Employer if its wording, issuer and expiry fit the contract. This guide covers Luật Xây dựng Art 83, Decree 210/2026 and FIDIC sub-clause 4.2 for Vietnamese projects.
Unamended FIDIC General Conditions collide with mandatory Vietnamese rules on currency, termination and disputes. This guide shows how to draft Particular Conditions that work under Luật Xây dựng 2025 and Decree 210/2026.
