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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.

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Industries Laws Codes Notes
Construction
Manufacturing
Retail/Agriculture

LAWS

Government Decree No. 37/2015, Detailed Provisions on Construction Contracts, sets a maximum payment term for the construction sector of 14 working days from the date the principal receives a complete and valid payment dossier.

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