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Methods to resolve the commercial dispute in Vietnam

Methods to resolve the commercial dispute in Vietnam K08p3

Commercial conflicts are a typical occurrence in the normal course of a business. While many conflicts are addressed by the parties themselves, there are times when a proactive and measured approach can assist clients in resolving challenging difficulties quickly and effectively. Disputes must be avoided or resolved efficiently in an increasingly global economy with rising costs and liability. In the recent years, thanks to the completion in many laws and regulation in the field of private law, settling dispute by negotiation, mediation and arbitration has been increasingly encouraged in Vietnam. As of 2012, the majority of commercial disputes in Vietnam had been resolved by court proceedings. Arbitration had also been used as one of the methods for dispute settlement but only in a limited number of cases (accounting for about 1% of total number of trade disputes. Claimants also chose commercial mediation although its popularity is not significant with a narrow spread.

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many
 conflicts are addressed
 by the parties themselves, there are times when a proactive and measured approach can assist clients in resolving challenging difficulties quickly
 and effectively
. You use this word too often, consider replacing it withrowsquabblediscordwranglebrawldiscussion
Disputes
This phrase/word (depending on the context) can be potentially replaced with :require
must
be avoided
 or resolved efficiently
 in an increasingly
 global economy with rising costs and liability. In the recent years, thanks to the completion in This phrase/word is too simple and can be replaced with:a plethora ofa number ofnumerous
many
 laws and regulation in the field of private law, settling You use this word too often, consider replacing it withrowsquabblediscordwranglebrawldiscussion
dispute
 by negotiation, mediation and arbitration has been increasingly
 encouraged in Vietnam.

As of 2012, the majority of commercial You use this word too often, consider replacing it withrowsquabblediscordwranglebrawldiscussion
disputes
 in Vietnam had been resolved
 by court proceedings. Arbitration had also
 been This phrase/word (depending on the context) can be potentially replaced with :exploited
used
 as one of the methods for You use this word too often, consider replacing it withrowsquabblediscordwranglebrawldiscussion
dispute
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but
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 in a limited number of cases Unpaired symbol: ')' seems to be missing
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accounting for about 1% of total number of trade You use this word too often, consider replacing it withrowsquabblediscordwranglebrawldiscussion
disputes
. Claimants also
 chose commercial mediation although its popularity is not significant with a narrow spread. 