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Contractual disputes can be resolved by the following methods: Negotiation, Mediation, Court or arbitration<br>Visit us: https://antlawyers.vn/library/contract-dispute-in-vietnam.html
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contract dispute in Vietnam Contractual disputes in Vietnam shall be construed disagreements, conflicts between the parties regarding the implementation or non-implementation of rights and obligations in the contract. as conflicts,
contract dispute in Vietnam Disputes could arise in failure to collect the payment from debtor in sales agreement, contract disputes between investor and contractor, between employer and employee, insurance disputes between ship owner and insurance company. construction labour dispute
Contractual disputes can be resolved by the following methods:
Court or arbitration Negotiation Mediation
Negotiation Negotiation is the process or behavior in which the two sides conduct exchanges, agreement on common interests and characteristics of disagreement and come to a unified agreement. The negotiation is without the presence of third parties. However, if the lawyers in Vietnam would be involved during the negotiation process, at the role of representing or advising, counseling, then the negotiations tend to be more effective and parties would reach agreement.
Mediation Mediation is one of the options for disputing parties to end the conflict. Mediation is different from negotiating with the intervention of a third party. Mediator will help parties to achieve agreement and resolve conflict.
Court or arbitration The settlement of the dispute in court would take time. The court’s ruling can be appealed. It should be noted that, per Vietnam laws, only Vietnam litigation or dispute law firms could represent the client at court. Commercial available only in sector. The advantage of this method is fast and efficient. However, compare with disputing at court, this method of handling dispute would take higher costs. arbitration is commercial-business
How contract dispute law firm in Vietnam could help? Disputes and dispute resolution matters are natural and inevitable in any countries including Vietnam. It is important that parties involved need to identify, anticipate disputes can occur. Contract or agreement should be reviewed by lawyers. When there is a dispute, the contract dispute law firm in Vietnam will be able to help parties to with advice to reasonable solution to address the disputes effectively.
ANT Lawyers, a law firm in Vietnam will be available to assist the clients when required to handle dispute matters out of court, at court or through arbitration in Vietnam while doing business in Vietnam.