New Regulations on Construction Contracts in Decree 50/2021/ND-CP

LNT & Partners

On April 1st, 2021, Decree 50/2021/ND-CP came into force amending specific provisions of Decree 37/2015/NĐ-CP on detailed regulations on construction contracts This update provides essential contents of new regulations on construction contracts and several important legal instruments which have also recently been promulgated.

On April 1st, 2021, Decree 50/2021/ND-CP came into force amending specific provisions of Decree 37/2015/NĐ-CP on detailed regulations on construction contract, bringing about broad changes which will considerably affect new projects which utilize state funds including ODA and PPP projects. 

This update provides essential contents of new regulations on construction contract and several important legal instruments have also recently been promulgated.

  1. Decision 17/2021/QD-TTg on vocational training support for employees participating in unemployment insurance
  2. Decree 12/2021/NĐ-CP on appraisal prescribed in the Law on Prices
  3. Circular 03/2021/TT-NHNN on debt rescheduling and interest reduction
  4. Circular 02/2021/TT-NHNN on foreign exchange transactions of credit institutions

You can access the legal briefing at LINK or Download PDF.

 

LNT & Partners is proud to be ranked as a Top Tier Firm by Benchmark Litigation 2021

LNT & Partners is pleased to announce that we have been ranked as a top tier firm in commercial & transactions by Benchmark Litigation Asia-Pacific 2021, the definitive guide to the world’s leading litigation firms and lawyers. We are also proud and honoured to be recommended in energy and construction, IP and international arbitration.

In addition, our partner, Le Net has been again named Litigation Star in the field of construction, commercial and transactions. 

A special thank you to our valued clients for the confidence you’ve placed in us, and shout out to our team members who have worked hard on our litigation highlights. 

Congratulations to all other firms and lawyers who have been ranked this year. The 2021 edition of Benchmark Litigation Asia-Pacific is live globally and you could read more at LINK

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LNT & Partners

LNT & Partners is a full-service independent Vietnam law firm, which focuses on advisory and transactional work in the areas of corporate/M&A, competition, pharmaceutical, real estate, infrastructure and finance as well as complex and high-profile litigation and arbitration matters.

The team’s commitment to professionalism, quality advice and client care has earned the practice recognition from multiple recognized international publications, including the Legal 500, Chambers and Partners and IFLR1000. It is no surprise that numerous Fortune 500 companies have chosen LNT & Partner as their dedicated legal adviser.

 

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