Civil contracts and commercial contracts are two prevalent types of agreements in practice. What are the similarities and differences between these two contract types in Vietnam? 1. General The term “civil” can be understood in two contexts: first, in a narrow sense, referring to purely civil matters such as inheritance and family relationships; and second, […]
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 […]