Vietnam: How is the meeting to settle disputes in the power market held?

Recently, the Ministry of Industry and Trade of Vietnam issued Circular No. 40/2010/TT-BCT on the order and procedures for settlement of disputes in the power market, which stipulates the sequence of the meeting to settle disputes in the power market.

giải quyết tranh chấp thị trường điện lực, Thông tư 40/2010/TT-BCT

According to Article 25 of Circular No. 40/2010/TT-BCT of the Ministry of Industry and Trade of Vietnam, the sequence of the meeting to settle disputes in the power market is as follows:

1. Meeting opening

- The meeting chairperson opens the meeting and reads the decision on organization of the meeting;

- The meeting secretary reads lists of present and absent participants and reasons for absence.

2. Dispute settlement

- Parties present their dispute settlement requests, give explanations and produce supporting documents and evidence;

- Witnesses, experts and representatives of organizations and individuals with related rights and obligations give their opinions;

- To study, examine and verify documents and collected evidence and to report on study and verification results.

3. Dispute settlement conclusion

- The meeting chairperson concludes the dispute settlement on the basis of opinions given in the meeting, study and analysis of collected documents and evidence, and the report on study and verification results;

- When either party or both parties does/do not agree with the meeting chairperson's conclusions or the case has new circumstances making the chairperson unable to make conclusions yet, the chairperson shall conduct additional study and verification and hold another meeting. The time for additional study and verification and holding another meeting must not exceed the time limits specified in Articles 21 and 22 of this Circular.

View more details at: Circular No. 40/2010/TT-BCT of the Ministry of Industry and Trade of Vietnam takes effect from January 27, 2011.

Nguyen Phu

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