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  • Ảnh của tác giảin Vietnam Lawyers

Why It Is Important To Have Dispute Mechanism In Place in International Commercial Contract?

In fact, contract disputes are risks that needs to be taken into account. Although trust of doing business between parties are important but events that cause disputes can come from unexpected and unpredictable factors. For example, price changes, product volume changes, product quality issues, personnel, transportation, weather, and seasonal matters can also be factors that affect contract performance.



To ensure their best interests in the event of a dispute, when doing business in Vietnam foreign traders should consult with commercial contract dispute lawyers in Vietnam to learn about the applicable law agreement at the time of contract conclusion and have mechanism in place to resold potential disputes.


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