Thanks to sustain economic growth and stability in last decade, private sector is rapidly growing with the formation of many giant private corporations. Adding to that, the innovation of investment thinking and investment policies have contributed to form a new investment trend in projects of the A group - Projects with investment scale from 1500 billion VND or more.
This new trend is creating opportunities for foreign businesses to make profit in Vietnam.
SMIC has experienced many projects of this kind, including the first project implemented by the private sector. For this kind of projects, our lawyers and experts have owned a lot of valuable experience on project execution, EPC contract implementation, dispute limitation and resolve as well as related technical knowledge.
At our office, the following services are frequently ordered by contractors:
- General advice on all legal matters relating to operation of a foreign contractor in Vietnam
- Follow procedures for registering a bidding contract, operational office of a foreign contractor, work permit for foreign workers.
- Draft, review subcontracts
- Negotiate with the investor, subcontractors to amend or supplement EPC contract, sub-contracts