Tags: commercial arbitration

FDI firms prefer commercial dispute arbitration

FDI firms prefer commercial dispute arbitration

As many as 40 percent of foreign direct investment (FDI) enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre (VIAC).

Commercial arbitration improves dispute resolution

Commercial arbitration improves dispute resolution

VOV.VN - Vietnam’s encouragement of commercial arbitration has been hailed by the international community. The country's socialist-oriented market economy and its strong international integration have offered numerous opportunities for trade promotion.