Vietnam’s Law on Construction 2025: Key Developments for Construction and Infrastructure Projects
Key developments include:
- Encouragement of international construction contracts, such as FIDIC and NEC;
- Recognition of Front-End Engineering Design (FEED) in feasibility studies to support earlier project planning;
- Streamlining of later-stage design approvals, with more responsibility placed on project employers;
- Recognition of liquidated damages as a contractual remedy for breach;
- Clearer guidance on force majeure and fundamental changes in circumstances;
- A more flexible approach to local contractor capacity requirements.
Read the full legal alert above to learn more about the key changes under Vietnam’s Law on Construction 2025 and what they may mean for construction and infrastructure projects in Vietnam.
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