Arbitration is a commonly used method for resolving international commercial disputes. According to the principle of territoriality, an arbitral award is only effective within the jurisdiction of the country where the award is issued. Therefore, for an award issued in...
In the current trend of economic globalization, Vietnamese enterprises is having more and more foreign partners to cooperate in business. However, in the process of cooperation, the parties may have commercial disputes. In such cases, the parties will usually choose...
The recognition and enforcement of foreign arbitral awards are codified in several international treaties, with the most prominent and foundational legal basis being the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. On July...
In the business environment, particularly in construction, the potential for incurring debts is significant. However, debt recovery in the construction industry has some unique points compared to other sectors. In this article, lawyer from TNTP will provide readers...
In international sales of good contracts (“ISGC”), the provisions of the contract and the applicable sources of law play an important role in resolving disputes. The sources of law applied in resolving disputes related to this type of contract are very diverse. In...
In the construction industry, delays in payment by the main contractor to the subcontractor are common and can have serious impacts on the subcontractor’s operation and finance. When faced such a situation, the subcontractor must take certain steps and develop...
