The number of disputes related to energy projects in Viet Nam has been on the rise in recent years, with many attributed to the Vietnamese government''s environmental commitments and agreements at the 26th United Nations Climate Change Conference (COP26).
As Việt Nam becomes more open to trade, so do its domestic firms to commercial disputes. Legally, four tools are available to the firms to resolve disputes, which are negotiation, mediation, arbitration and litigation.
When disputes over credit contracts arise, banks normally bring the disputes to court for settlement. However, insiders have said that legal action does not help much as contracts have not been completed fully in the first place.
Viet Nam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify. However, whether and how much Viet Nam can take advantage of the shifting FDI flow out of...
Viet Nam should take advantage of the opportunities offered by the US-China trade war but also be aware of the negative consequences, experts said yesterday at a meeting in HCM City.
Viet Nam has won the three-year long dispute with Indonesia regarding Indonesia’s safeguard on certain iron and steel products, according to the Trade Remedies Authority of Viet Nam.
HCM City authorities are seeking help from the Ministry of Natural Resources and Environment to resolve a conflict between a property developer and households refusing to move to make way for a residential complex in the North Phuoc Kien residential...
The Vietnam International Arbitration Centre organised a workshop with the International Finance Corporation to promote the use of alternative dispute resolution methods in the banking and finance sector.
The price of gold at commercial banks declined sharply yesterday after
the State Bank of Viet Nam announced a commitment to stabilising the
gold and forex market.
The recent dispute between investors and a
securities firm relating to abuses with investors'' money is again
raising concerns about the lack of protection.