Payment Terms Legislation In Vietnam

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Vietnam

Please see below for a summary of payment terms in Vietnam and the various industries across which payment term legislation appears. You can also download a summary of all Vietnamese payment terms by clicking the button below.

Industries	Laws	Codes	Notes	Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

Government Decree No. 37/2015, Detailed Provisions on Construction Contracts, sets a range of advanced payments for construction work valued above set thresholds. A maximum payment term for the construction sector is also set at 14 working days from the date the principal receives a complete and valid payment dossier.

Comm_terms_law Construction

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