| Issue |
E3S Web Conf.
Volume 263, 2021
XXIV International Scientific Conference “Construction the Formation of Living Environment” (FORM-2021)
|
|
|---|---|---|
| Article Number | 05004 | |
| Number of page(s) | 10 | |
| Section | Global Environmental Challenges | |
| DOI | https://doi.org/10.1051/e3sconf/202126305004 | |
| Published online | 28 May 2021 | |
Regulations on PPP contracts in Vietnam: Status Quos and Solutions
1 Faculty of Construction Economics and Management, National University of Civil Engineering, Hanoi, Vietnam
2 Urban Management Faculty, Hanoi Architectural University, Vietnam
3 Institute of Construction Economics, Vietnam
* Corresponding author: toannq@nuce.edu.vn
PPP investments have been in practice in Vietnam for more than 20 years, yet, many shortcomings and constraints have been revealed. This paper analyzes applicable legal regulations on Public-private partnership contracts of investment in Vietnam, and demonstrates barriers encountered by parties, particularly private sector, including discrepancies and non-coherence among legal documents resulting in losses, wastes of resources; absence of standard agreements/ contracts making negotiations and contract signing hard to conclude; insufficient clarity in provisions about concessioning, and responsibilities, among others. The analysis, hence, suggests how to deal with the situation by amendments, supplements to provisions on the agreements between public and private partners.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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