Under the provisions of the Vietnam law for operations of foreign contractors in Vietnam in the fields: investment and construction consulting, supply of materials and technology equipment together with technical services related to the construction works, construction of work, foreign contractors must apply for a contractor license.
Conditions for obtaining permits for foreign contractor in Vietnam:
Case for bidding packages that are subject to compulsory application in accordance with the bidding law of Vietnam: Won the bid or select the bid.
– Had won the bid or can select the bid.
– Had forwarding bid contract.
Case for bidding packages that are not subject to compulsory application in accordance with the bidding law of Vietnam:
– Had won the bid or can select the bid.
– Had forwarding bid contract.
Meeting all the conditions and capability that are consistent with contracted works prescribed by the law of Vietnam.
In all cases that foreign contractors are assigned the bid (due to win the bid through bidding or select the bid), foreign contractors have to codeshare with Vietnam contractors or have to use Vietnam sub-contractors (except the cases that are allowed by Prime Minister or prescribed by the law of Vietnam).
Foreign contractors have to commit to fully implement the provisions of the law of Vietnam relating to contracting activities in Vietnam.
How ANT Lawyers Could Help Your Business?
Please click here to learn more about ANT Lawyers Foreign Investment Practice or contact our lawyers in Vietnam for advice via email ant@antlawyers.vn or call our office at +84 28 730 86 529