Legal news September 2017 in Viet Nam

1.Guidelines for conversion of investment costs for construction of building works On 20 September 2017, the Ministry of Construction issued Decision No.964/QD-BXD, providing guidelines for conversion of investment costs for construction of building works. Whereby: (a) Conversion of investment costs for construction of building works shall be conversion of items of investment costs already finalized in term of the price level at the time of hand-over for putting into use. The conversion is intended to determine the newly increased value of assets formed by investment and shall be taken as the basis for finalization of the completed project. (b) Conversion will be...