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What is Commercial Mediation? Overview and Benefits for Businesses

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Commercial Mediation: An Overview and Benefits for Businesses 1. What is Commercial Mediation? 1.1. Definition of Commercial Mediation Commercial mediation is relatively new in Vietnam, although mediation is a familiar term for people and businesses. According to Black’s Law Dictionary, mediation is: “Intervention; the act of a third person who intervenes between two contending parties […]

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Giải quyết tranh chấp hợp đồng xây dựng bằng trọng tài thương mại

Experience in choosing arbitrators for businesses

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1. Factors to consider when choosing an arbitrator When selecting an arbitrator, it is important to carefully consider the relevant factors to ensure that they can carry out their duties fairly, effectively and in accordance with the requirements of the parties. related parties. Here is a closer look at the factors to consider when choosing

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Resolve construction contract disputes by commercial arbitration

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1. Characteristics of construction contract disputes Associated with the development of our country’s economy today, the construction industry is considered one of the most groundbreaking fields in the country’s development process. However, this field of architecture is also increasingly controversial. According to congbobanan.toaan.gov.vn, a website that posts judgments and decisions of the Supreme People’s Court,

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Hợp đồng trọng tài thương mại: Những điều cần lưu ý

Commercial arbitration contract: Things to note

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1. Necessary provisions in the arbitration contract Agreement on dispute resolution in arbitration Law applicable to the Contract Arbitration Location Number of member referees Language used (only applicable if there is a foreign dispute) How to draft an arbitration contract 2. How to draft an arbitration contract Below is a sample Arbitration Agreement: ARBITRATION AGREEMENT

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Cách thức đăng ký trọng tài thương mại tại Việt Nam

Commercial arbitration and protecting the rights of related parties

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1. How commercial arbitration protects rights Commercial arbitration protects the interests of participating parties through a variety of methods, ensuring a fair, transparent and effective process. First, the selected arbitrators must be highly professional and neutral, ensuring there is no conflict of interest with any party. These arbitrators often have extensive legal and business knowledge,

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Commercial Arbitration: Flexible solution for businesses

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1. The flexibility of commercial arbitration The flexibility of commercial arbitration is one of the main reasons why it has become the preferred method of dispute resolution in the business sector. From the freedom to choose arbitrators, customize procedural rules, choose location and language, to quick settlement times and a spirit of cooperation, commercial arbitration

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How to registered for commercial arbitration in VietNam

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1. Dispute determination and arbitration agreement 1.1. Determine the dispute Determining disputes in arbitration is an important step to resolve conflicts between parties effectively and fairly. Here are the main steps to determine a dispute in arbitration: Identify relevant parties First, it is necessary to clearly identify who are the parties involved in the dispute.

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Notes when signing an arbitration agreement

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1. Factors to check before signing the agreement For a dispute to be resolved by Arbitration, the parties must have an arbitration agreement (1). Pursuant to the provisions of Article 16 of the 2010 Commercial Arbitration Law, the arbitration agreement must be established in written form, in the form of terms in the contract between

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Trọng tài thương mại và quy định pháp luật Việt Nam

Commercial arbitration and Vietnamese law

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1. Vietnamese law on commercial arbitration Vietnam’s Commercial Arbitration Law, stipulated in the Commercial Arbitration Law No. 54/2010/QH12, effective from January 1, 2011, regulates issues related to commercial arbitration. This is an important legal framework that helps resolve disputes in the commercial sector effectively and transparently. Scope of regulation and applicable subjects The Commercial Arbitration

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Trọng tài thương mại và các vấn đề pháp lý liên quan

Commercial arbitration and related legal issues

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1. Common legal issues in commercial arbitration When the Commercial Arbitration Law 2010 was born and implemented, it can be seen that many businesses have chosen this method to resolve disputes because of the many advantages that this method brings. However, after many years of practical application, the 2010 Commercial Arbitration Law cannot keep up

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