Recently, the Government of Vietnam issued Decree No. 22/2017/NĐ-CP on commercial mediation, according to which the order and procedures for commercial mediation are specified as follows:
1. Involved parties may select to apply the Mediation Rule of a commercial mediation institution for conducting mediation or reach agreement on the mediation order and procedures. If the parties do not reach such agreement, the commercial mediator may conduct mediation according to the order and procedures he/she finds suitable to the circumstances of the dispute and the aspirations of the parties, which are accepted by the parties.
2. The resolution of a dispute may be mediated by one or more than one commercial mediator as agreed upon by involved parties.
3. At any time in the mediation process, a commercial mediator may put forth proposals for dispute resolution.
4. The venue and time of mediation may be agreed upon by involved parties or selected by the commercial mediator in case the parties reach no agreement thereon.
View more details at Decree No. 22/2017/NĐ-CP of Vietnam’s Government, effective from April 15, 2017.
- Ngoc Duyen-
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