VOV.VN - Vietnam supports the peaceful resolution of maritime disputes, without the use or threat of force, and with full respect for diplomatic and legal processes, in accordance with international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

VOV.VN - Vietnamese Foreign Minister Bui Thanh Son and Permanent Court of Arbitration (PCA) Secretary General Marcin Czepelak cut the red ribbon inaugurating the PCA Representative Office in Hanoi on November 24

Although mediation and arbitration are more cost-efficient than litigation when it comes to commercial dispute settlement, they are less frequently used by firms in Vietnam, according to Hoang Minh Chien, Deputy Director General of the Vietnam Trade Promotion Agency.

VOV.VN - Vietnamese Ambassador to the UN Dang Hoang Giang has called on countries to respect the principle of peaceful settlement of international disputes in the context of many conflicts taking place here and there globally.

VOV.VN - With the country's export turnover reaching US$336 billion, making the nation one of the leading 20 economies in terms of largest commercial scale, the anti-investigation cases on dumping and anti-subsidy for many key local products has also increased.