This publication, “Cost & Variation Management in Construction Contracts” by Dr. Le Net (Partner, LNT & Partners; Vice Chairman of the Vietnam Construction Law Association) offers a practical comparison between FIDIC’s 2017 Silver Book and Vietnam’s legal framework on cost administration. It highlights key contract mechanics - from cost breakdowns, contingencies, contemporaneous records, and overheads to variation/adjustment procedures - helping businesses structure clearer payment and change-control regimes to manage overruns and reduce disputes.