Enterprises should carefully study the “force majeure” clauses in contracts and consult experts to resolve any disputes on contract performance obligations during the COVID-19 pandemic.
Local exporters have been urged to prepare for any trade-related lawsuits and disputes arising from the escalating US-China trade war amid concerns that the two major powers will not reach an agreement this month.
Vietnamese and foreign firms are increasingly resorting to arbitration for settling disputes related to mergers and acquisitions, experts told a conference in HCM City on December 20.
As many as 40 per cent of foreign direct investment (FDI) enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Viet Nam International Arbitration Centre...
The Viet Nam International Arbitration Centre (VIAC) and the International Finance Corporation organised a workshop on trade mediation in HCM City on Wednesday.