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VIAC

Update news VIAC

Imports from China expected to rise due to US-China trade war: experts
Vietnamnet global

Imports from China expected to rise due to US-China trade war: experts

VietNamNet Bridge - Chinese goods, especially chemicals and plastics, are expected to increase in Vietnam.


Banks, borrowers reluctant to bring credit disputes to arbitration center
Vietnamnet global

Banks, borrowers reluctant to bring credit disputes to arbitration center

VietNamNet Bridge - A survey has found that 70 percent of businesses want to have their disputes settled by arbitrators, but in most cases, disputes are brought to court instead.


To settle disputes, many businesses use ‘gangland’ rules
Vietnamnet global

To settle disputes, many businesses use ‘gangland’ rules

VietNamNet Bridge - Four percent of businesses use ‘other informal modes to settle disputes, according to the Vietnam International Arbitration Center (VIAC).

More businesses choose arbitration instead of going to court
Vietnamnet global

More businesses choose arbitration instead of going to court

The number of business disputes brought to commercial arbitration has been increasing steadily. Around 146 cases were resolved at VIAC (Vietnam International Arbitration Center) in 2015, while 80 cases were resolved in the first half of 2016.