Library

Circular 24/2016/TT-BXD on Management of Construction Investment Projects

Compared with Circular 17/2016, Circular 24/2016 amended some contents as follow:

Amend the regulations on the practicing certificate that have been granted before the time the Circular 17 takes effect as follows:

+ With the certificate stating the validity period, it is entitled to continue to use until expiration. For one that does not state the validity period, it can be used until June 30th 2016.

+ Circular 24/2016/BXD prescribes that from the date that Circular 17 took effect, individuals that have the above-mentioned certificates, if there is demand for conversion then it could be implemented in accordance with Circular 17/2016. If there is no demand for conversion, then the level of the practicing certificate is defined as follows: Based on the conditions on the issuance of practicing certificate in Decree 59/CP to implement the declaration and self-identified the level of practicing certificate.

+ Individuals that have the construction supervision/construction design certificates are allowed to practice construction inspection till December 31st 2016.

+ Individuals have the practicing certificate expired from the date March 1st 2016 are allowed to continue to practice till end of December 31st 2016.

In addition, Circular 24 also amend and supplement some issues as follows:

+ The appendix on the declaration of professional work experience and determine the construction practicing certificate level.

+ The appendix on the symbol of the issue place of the construction practicing/construction capability certificates.

Regulations on examination, certification of the practicing certificate will be implemented from December 1st 2016.

Compared with Circular 18/2016/TT-BXD, Circular 24 abolishes Paragraph 3 of Article 13 on the evaluation, design and cost estimation of construction project.

Circular 24/2016/TT-BXD takes effect from September 1st 2016.

We help clients overcome cultural barriers and achieve their strategic and financial outcomes, while ensuring the best interest rate protection, risk mitigation and regulatory compliance. ANT lawyers have Attorneys in Hanoi, Attorneys in Ho Chi Minh and Attorneys in Danang

 

How ANT Lawyers Could Help Your Business?

Please click here to learn more about ANT Lawyers Construction or contact our lawyers in Vietnam for advice via email ant@antlawyers.vn or call our office at +84 28 730 86 529

ANT Lawyers

Recent Posts

5 Key Highlights and How Low-Orbit Satellite Internet in Vietnam Would Revolutionize Connectivity and Economic Growth

The Pilot Policy of Low-Orbit Satellite Internet in Vietnam Now, Vietnam has moved its position,…

4 days ago

Fast-Track Investment Procedure: 5 Breakthrough Steps to Attract High-Quality Capital to Vietnam

Introduction to the Vietnam Fast-Track Investment Procedure In the highly competitive global race to attract…

2 weeks ago

Proposal for the Personal Income Tax Law 2025: Major Changes and Impacts

Why is a Major Reform Necessary? Vietnam is entering a phase of economic and social…

2 weeks ago

Vietnam Litigation Cost Ordinance 2024: A Powerful Step Toward Transparent and Fair Justice

The Vietnam Litigation Cost Ordinance 2024, enacted on December 11, 2024, represents a transformative milestone in…

3 weeks ago

Marriage Certificate Exemption in Vietnam: The New Regulation and Update 5 Key Steps to Register Marriage

Vietnam’s marriage registration process has recently been updated, making it easier for Vietnamese to complete…

3 weeks ago

12 Incredible Legal Impacts of the CPTPP and UK-Vietnam Trade for a Thriving Future

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP): A Legal Game-Changer in UK-Vietnam Trade…

4 weeks ago

This website uses cookies.