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Update news arbitration
Foreign firms show more interest in arbitration
VietNamNet Bridge – Many foreign enterprises are using international courts of arbitration to resolve disputes with local enterprises, instead of using Vietnamese courts which are said to be largely toothless in this regard.
Legal Advice: The competence of Commercial Arbitration and Courts in VN
In case where the contents of a contract include an agreement on requesting both Commercial Arbitration and Court to be the dispute settlement bodies, enterprises may refer to Resolution No. 01/2014/NQ-HĐTP.
