After more than 9 years of implementation, the provisions of the Law on Bidding 2013 have revealed many limitations and shortcomings when implemented in practice, and are no longer suitable for the current socio-economic situation. Therefore, to improve the regulations on bidding, on June 23, 2023, the National Assembly passed the Law on Bidding 2023, replacing the Law on Bidding 2013 and taking effect on January 1, 2024. some new regulations of the Law on Bidding 2023 that probably affect the business activities of enterprises are as follows:
(i) Amending and supplementing prohibited acts in the Law on Bidding;
(ii) Supplementing regulations on the investment contract;
(iii) Amending and supplementing regulations on types of contracts with contractors.
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