When disputes arise, the parties involved may choose to resolve them through negotiation, mediation, litigation, or arbitration. Arbitration is a common alternative to litigation in commercial disputes as it is often faster, more efficient, and more confidential than court proceedings. In Vietnam, arbitration agreements in the resolution of commercial disputes are governed by the Law […]
Arbitration is an increasingly favored method for resolving commercial disputes in Vietnam, offering a quicker, cost-effective alternative to court proceedings. This article provides an overview of Vietnam’s arbitration laws to help you understand this dispute resolution option. The main legal framework governing arbitration in Vietnam is the Law on Commercial Arbitration No. 54/2010/QH12, which came […]