Commercial Dispute Resolution
5 things to note when drafting contracts
A contract that is drafted logically and closely with clear content will help ensure practical implementation and easily resolve conflicts if there is a dispute. Legal grounds:...
Commercial contracts – Note when applying fines for violations
Penalty for breach of contract is a remedy for violations. However, in order to apply the penalty, the contract must be valid and has fines term. Legal grounds: Commercial Law...
Conditions for settling commercial disputes by arbitration
Commercial arbitration is a dispute resolution method chosen by many businesses with foreign elements, but it is not popular with domestic enterprises Legal grounds: Commercial Law 2005; Commercial Arbitration Law...
Businesses shake hands to divide the market?
Enterprises are not allowed to agree on the division of customers to limit competition, except in the case of jointly promoting the competitiveness of Vietnamese enterprises in the international market...
Property lease commercial contract – The penalty for unilateral termination before the deadline?
The unilateral termination of a commercial contract ahead of time may be subject to sanctions for damages, fines for violations and other sanctions if agreed upon Legal grounds: Commercial Law...
How to draft force majeure clauses in commercial contracts?
The impact of the Covid-19 pandemic has given rise to many disputes related to commercial contracts due to one party's delay or failure to fulfill its obligations, raising the legal...
Types of sanctions in business – commerce
The parties in the contract must respect and comply with the contract. If either party breaches the contract, certain sanctions will be imposed Legal grounds: Commercial Law 2005. Sanction is...
Conditions for the contract to take effect?
The contract is the basis for giving rise to, changing or terminating the rights and obligations of the parties. The contract becomes effective when certain conditions are met Legal grounds:...
