Unlike domestic contractors, foreign contractors must be granted a Construction Activity License according to each contract after winning the bid....View more
Ensuring payment in construction contracts is an important process specified in Article 17 of Decree 37/2015/ND-CP. According to this regulation, payment guarantee is to ensure that the contractor is able to fulfill its payment obligations under the construction contract signed with the contractor. To achieve this goal, the contractor must take a number of specific measures....View more
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