Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.
International arbitration would be helpful for businesses in settling trade and investment disputes in the context of Vietnam integrating rapidly into the global economy, experts said on July 20.
Businesses and banks in Vietnam still resolve disputes through the courts, even though arbitration and mediation remain the most popular methods throughout the world in dealing with banking disputes.
(VOV) - Vietnam has officially recognized the Hague-based Permanent Court of Arbitration (PCA) in the Netherlands as having binding authority to settle international disputes spanning a wide range of legal issues.
(VOV) - Vietnamese and foreign scholars on June 21 gave an in-depth analysis of China’s illegal placement of its floating drilling rig Haiyang Shiyou-981 deep inside Vietnam’s exclusive zone and continental shelf.
(VOV) - Experts from the Ministry of Justice and the United States Agency for International Development (USAID), examined a draft decree on commercial conciliation in HCM City on July 10.
Ho Chi Minh City and Vietnam are willing to cooperate with Russia to further promote economic arbitration cooperation.