Dispute Resolution In Vietnam By Negotiation

Negotiation is a method of dispute resolution in business in Vietnam without the role of the third party. The negotiation having the basic characteristics includes parties together to present views, opinions, discuss and find appropriate measures, and reach a consensus agreement to resolve the disagreement.

What is advantage and disadvantage of this method? Negotiation is a method of dispute resolution in business in Vietnam

This method has following advantages:

• A convenient, fast, simple, flexible, efficient and inexpensive;
• Protection of reputation and business secrets of the parties.

Otherwise, this method has following disadvantages:

• The result of the negotiation depends on understanding and attitude, goodwill and cooperation of the parties;
• The results of the negotiations are not enforced  by a legal mechanism, which depends on the willingness of the parties to implement.

In Vietnam, negotiation is often the first and most flexible method for dispute resolution lawyers because it allows parties to discuss and resolve differences without resorting to formal procedures. Compared to arbitration or litigation, negotiation can be faster, less expensive, and maintain business relationships by avoiding confrontational procedures. Thanks to the voluntary nature of negotiation, parties have full control over the outcome and maintain confidentiality, which is crucial for international business partnerships. To ensure clear and effective agreements, as well as to protect the rights and interests of all parties, consulting with a lawyer during the negotiation process is advisable.

What can Apolo Lawyers help you? Dispute resolution lawyers

 -   Point out risks involved and recommend a course of action, however the client have to make the final decision;

 -   Negotiate with the other party according to the client final decision;

 -   Draft the agreement between the parties if successful negotiation;

 -   Participate in litigation if the other party does not comply to the agreement.

Welcome to Apolo Lawyers Law Firm

Apolo Lawyers is welcomed to help the client to deal with negotiation. By our team of experienced lawyers, we believe that our clients will be satisfied with the quality of our service. For further information, please contact:

APOLO LAWYERS - Solicitors & Litigators

Address: 108 Tran Dinh Xu Street, Cau Ong Lanh Ward, Ho Chi Minh City, Vietnam

Tel: (028) 66.701.709 / (028) 35.059.349

Mobile & WhatsApp 1: 0939.486.086 / Mobile & WhatsApp 2: 0908.043.086

Email: contact@apolo.com.vn

Website: www.apololawyers.com

APOLO LAWYERS