On September 16, 2024, the Government issued Decree 115/2024/ND-CP stipulating details for a number of articles and providing implementation measures for the Law on Bidding concerning the selection of investors to implement land-using investment projects (Decree 115). Decree 115 is issued to improve the legal framework for bidding in the selection of investors to implement investment projects in accordance with the new regulations of the Law on Bidding 2023 and the Law on Land 2024. Decree 115 takes effect from September 16, 2024.
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New regulations on investor selection for implementation of projects subject to bidding
On February 27, 2024, the Government issued Decree 23/2024/ND-CP providing details for several articles and measures for implementing the Law on Bidding on investor selection for projects subject to bidding as prescribed by specialized laws (Decree 23). Decree 23 is issued to complete the legal framework on investor selection to implement business investment projects in accordance with new regulations of the Law on Bidding 2023.
Read moreSome new points about contractor selection
On February 27, 2024, the Government issued Decree 24/2024/ND-CP providing guidelines for the Law on Bidding on contractor selection. This Decree repeals some legal documents and regulations related to bidding and centralized procurement, including Decree 63/2014/ND-CP providing details for the implementation of some articles of the Law on Bidding on contractor selection.
Read moreSome new regulations of the Law on Bidding 2023
After more than 9 years of implementation, the provisions of the Law on Bidding 2013 have revealed many limitations and shortcomings when implemented in practice, and are no longer suitable for the current socio-economic situation. Therefore, to improve the regulations on bidding, on June 23, 2023, the National Assembly passed the Law on Bidding 2023, replacing the Law on Bidding 2013 and taking effect on January 1, 2024.
Read moreWebinar “Auction Mechanism for Sustainable Development of the Renewable Energy Market”
On January 11, 2022, Mr. Nguyen Hung Quang, Managing Partner of NHQuang&Associates was invited to engage in the online policy dialogue on “Auction Mechanism for Sustainable Development of the Renewable Energy Market” held by independent think tank Vietnam Initiative for Energy Transition (VIETSE).
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