Dispute in Vietnam
could be between parties in business transaction, foreign investors and Vietnam
government, or between countries in implementing international treaties.
The formation of market economy in Vietnam took place in the
context of the development in the width and depth of the economic ties at a
significant fast pace that make Vietnam an important part of the world supply
chain. Vietnam suppliers could sell the goods and services to the world
and the foreign supplier could also export their goods and services to Vietnam
market. Further, as the Vietnam market opens up, foreign investors could
invest through various forms of investments in Vietnam i.e.
acquire equities in Vietnam companies, establish
business in Vietnam. During this process, disputes are an
inevitable result which has been growing in scale and complexity.
Most should agree that
disputes shall be construed as the dissent, inconsistencies or conflicts of
interests, rights and obligations between the parties in the economic relations
at different levels. Accordingly, economic disputes can have the following
basic forms:
– Disputes in business are between the participants in a business
transaction including investments, production to consumption of products or
performance of services on the market for profit purposes i.e. professional and
product liability, debt disputes over a business transaction, franchise
disputes, intellectual
property disputes, and disputes over contract for supply of goods or
services…
– Disputes between
foreign investors with Vietnam government agencies, arising in the
implementation of the BTO, BT, BOT, and the implementation of international
agreements on promotion and protection bilateral and multilateral investment
i.e. government policy and policy measures, concession to water and sewerage,
power or energy supply, project or contract payment…
– Disputes between
countries in the implementation of the international bilateral and multilateral
agreements.
In Vietnam, as the
disputes arise, parties involved could consider resolving the matters through
negotiation, mediation, arbitration, or taking court actions after taking
consideration of various factors including cost, time, and the complexity of
the disputes. Litigation law firm in Vietnam with
skillful dispute lawyers should be consulted to provide the suitable advice for
dispute resolution.
How ANT
Lawyers Could Help Your Business?
Contact Us for ADR &
Mediation Services provided by qualified mediators and lawyers,
supported by field experts. Via email ant@antlawyers.vn,
office tel (+84) 24 32 23 27 71 or talk to our partner directly at + 84
912 817 823.
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