On the afternoon of June 12, 2025, Phước Thành Construction Joint Stock Company hosted an internal specialized training session titled “FIDIC Contracts & Case Studies in Negotiation.” The session featured insights from Mr. Phạm Anh Tuấn, General Director of TTAD Company, a highly reputable contract consulting firm with extensive practical experience in construction law.
Amid increasing US trade tariffs on Chinese goods, there’s a strong wave of manufacturing factories relocating from China to Southeast Asian countries, including Vietnam. This is seen as a major opportunity for the construction industry, as many FDI projects—especially in the industrial and logistics sectors—are continuously being launched.
For Phước Thành, this trend not only opens up new collaboration opportunities but also places increasingly high demands on project and contract management. To effectively capitalize on these opportunities, businesses need to be equipped with professional contract management knowledge. FIDIC, an internationally recognized standard legal framework, plays a crucial role here by ensuring transparency, limiting risks, and enhancing project operational efficiency.
The main content of the program included:
- Introduction to the FIDIC contract system and its scope of application
- Analysis of roles, responsibilities, and risk allocation among parties
- Key updates in the FIDIC 2017 version
- Analysis of real-world scenarios in contract negotiation and implementation
- Legal considerations to ensure compliance and protect contractor rights
With a relatable, easy-to-understand presentation style closely tied to actual project situations, Mr. Phạm Anh Tuấn brought significant practical value to the program, helping the Phước Thành team build a stronger foundation for effectively applying FIDIC in their daily work.
