Construction work (CPC 511-8)
1. Legal Based. WTO, FTAs, AFAS, VKFTA
2. Detailing Conditions
2.1. WTO, AFAS, FTAs, VKFTA:
a) Foreign investors: They must be legal entities of a WTO Member or an ASEAN member state (VKFTA: not require the investor to be a legal entity of Korea)
b) The scope of operation of a foreign-invested economic organization includes:
– Construction of high-rise buildings (CPC 512);
– Construction of civil engineering works (CPC 513);
– Installation work (CPC 514, 516);
– Completion of high-rise buildings (CPC 517);
– Other construction works (CPC 511, 515, 518).
2.2. The Law of Vietnam: No regulation on investment conditions applicable to foreign investors.
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