Certain certificates and licenses to be considered in the legal due diligence of construction companies
The construction sector in Vietnam is classified as a conditional business line, subject to stringent supervision under various specialized legal regulations. Accordingly, when carrying out the legal due diligence on construction companies, the review of the legality, validity, and sufficiency of relevant certificates and licenses is essential for assessing the company’s capacity, its compliance with the law, as well as identifying potential legal risks. 1. Construction capability certificate (applicable prior to 01 July 2025) Prior to 01 July 2025, organizations engaging in the following construction activities were required to obtain a Construction capability certificate: 1 Construction investment project management consultancy; Construction survey; Construction planning designing; Construction designing or construction design examination; Work constr...