Completing Norm System in Construction Cost Management in Vietnam Toward International Integration

System of construction norms is a tool to implement management function of the government in the market mechanism. Also, this system is an important basis for agencies, organizations, and individuals to apply and refer to in the implementation and management of construction investment costs. Over the years, this system has regularly been updated and supplemented, but there are still a number of shortcomings. Various norms are outdated, while composing, issuing and applying do not keep up with changes in newer standards, regulations, and technologies. Such inadequacies inhibit to the progress in establishing and controlling construction investment costs. This article presents the literature review on construction norms in with a number of developed economies; then analyzes, evaluates, points out inadequacies, and proposes solutions to complete the norm system in Vietnam in the period of international integration.