Vietnamese law starts from dong payment and allows foreign currency only within foreign-exchange rules. This guide covers Decree 210, FIDIC 1999 and drafting steps.
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.
Decree 210’s advance rules bind public investment and PPP projects only. We explain caps, guarantees, recovery and how to draft private-sector advance clauses.
