Monitoring and evaluation of construction investment projects in Vietnam

by BichNgoc

Today, LSX Lawfirm will give you an article about: “Monitoring and evaluation of construction investment projects in Vietnam”, as follows:

The Construction law 2014

Monitoring and evaluation of construction investment projects in Vietnam

Construction investment projects shall be monitored and evaluated as suitable to each type of funding source as follows:

Firstly

Accordingly, for projects using public investment funds, competent state agencies shall conduct the monitoring and evaluation in accordance with the law on public investment and law on construction according to the approved evaluation contents and criteria

Secondly

Then, for projects using other funding sources, competent state agencies shall conduct the monitoring and evaluation of objectives, conformity with relevant master plans, land use, construction investment schedule and environmental protection.

Thirdly

So, infrastructure construction investment projects using public investment funds or community – contributed funds and financial assistance of domestic organizations and individuals are subject to community supervision.

Within the ambit of their tasks and powers, the Vietnam Fatherland Front Committees in construction areas shall organize the community supervision.

Responsibilities of project owners according to construction law in Vietnam

Project owners shall take responsibility before law and investment deciders within the limits of their rights and obligations prescribed in the Construction Law and relevant laws.

Related article: Foreign investors do business in construction services in Viet Nam

Issuing construction permits for foreign contractors

Basic principles of construction investment activities in Vietnam

Related questions about “Monitoring and evaluation of construction investment projects in Vietnam”

Construction of a work means?

So, construction of a work means the construction of, and installation of equipment for; a newly built, repaired; renovated, relocated, embellished or restored work; dismantlement of a work; warranty and maintenance of a construction work.

Basic design means?

So, Basic design means a design made in the construction investment feasibility study report; based on the selected design plan; demonstrating the principal technical parameters suitable to applied standards and technical regulations; which serves as a basis for proceeding with subsequent designing steps. So, it related to basic principles of construction investment activities in Vietnam. It related to types and grades of construction works in Vietnam.

Equipment installed in a work includes?

Equipment installed in a work includes work equipment and technological equipment. Work equipment means equipment installed in a construction work according to its construction design. Technological equipment means equipment included in the technological chain installed in a work according to its technological design.

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