Question

Law on Bidding in Vietnam No. 43/2013/QH13 dated November 26, 2013, took effect on July 01, 2014 (replaced the Law on Bidding No. 61/2005/QH11 dated November 29, 2005).

Answer

This Law contains some new provisions, such as:

Eligibility of tenderers, investors (Article 5);

Conditions for issuing the bid invitation dossiers, dossier of requirements (Article 7);

Currency to be used in bidding (Article 10);

International bidding (Article 15);

Direct appointment of contractor (Article 22);

Professional bidding organization (Article 32);

Conditions for signing contract (Article 64);

Banned acts in bidding (Article 89);

Dealing with violations (Article 90), and other provisions. 

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Law on Bidding in Vietnam

Attorneys and experts at DMS Law office in Vietnam have +20 years of work experience in management consulting from small, medium companies to large groups, corporations, foreign invested companies in Vietnam, multinational companies in Vietnam.

DMS Lawyers and Members have an in-depth understanding of Law on Bidding and related laws, such as: Law on Construction, Law on Housing, Law on Land, Law on Real Estate Trading and specialized laws applicable to different entities.

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