Vietnam: Order of settlement of disputes over electricity sale contract
This is a notable content of Circular No. 27/2013/TT-BCT of the Ministry of Industry and Trade of Vietnam providing for inspection of electricity activities, electricity use and settlement of disputes over electricity sale contract.
Article table of contents
Pursuant to Article 26 of Circular No. 27/2013/TT-BCT of the Ministry of Industry and Trade of Vietnam, settlement of disputes over electricity sale contract shall be conducted according to the following order:
- Step 1: Before requesting the settlement from the Electricity Regulatory Authority of Vietnam or the Department of Industry and Trade, the parties shall have to conduct their own negotiations.
- Step 2: Where the negotiations fail, either party has the right to send a written request for settlement from the Electricity Regulatory Authority of Vietnam or the Department of Industry and Trade under its authority.
- Step 3: Within 05 working days after receiving the request for settlement of dispute, the Electricity Regulatory Authority of Vietnam or the Department of Industry and Trade shall inform the relevant parties of receipt of settlement of dispute and require the relevant parties to provide dossiers and documents; perform the actual inspection (in case of necessity), verify and complete such dossiers. In case of denying the request for settlement of dispute, the Electricity Regulatory Authority of Vietnam or the Department of Industry and Trade shall reply in writing stating the reasons.
- Step 4: Within 20 working days after receiving the valid dossier, the Electricity Regulatory Authority of Vietnam or the Department of Industry and Trade shall hold a meeting for reconciliation and reach a conclusion of settlement of the dispute. For complex cases, the organization of meeting for reconciliation and conclusion of settlement of dispute must not exceed 40 working days after receipt of valid dossier.
- Step 5: If either party does not agree with the conclusion of the Electricity Regulatory Authority of Vietnam or the Department of Industry and Trade, it has the right to refer the dispute to the commercial arbitration or initiate a lawsuit at the Court for settlement.
View full text at Circular No. 27/2013/TT-BCT of the Ministry of Industry and Trade of Vietnam, effective from December 15, 2013.
- Key word:
- Circular No. 27/2013/TT-BCT
- Special cases applying the standards for professional titles upon the appointment of leading officials in Vietnam
- Standards for the title of Head of the Department and equivalent under the Ministry in Vietnam as of May 1, 2024
- Standards for appointment of Director General and equivalent in Vietnam as of May 1, 2024
- What are cases of resigning from positions in the forces participating in the protection of security and order at the grassroots level in Vietnam?
- The Ministry of Health to rectify the quality of hospitals and warn of the risk of medical incidents in Vietnam
- The Ministry of Industry and Trade of Vietnam's announcement of the base prices of popular petroleum products on the market on April 25, 2024
-
- Special cases applying the standards for professional ...
- 20:06, 30/04/2024
-
- Standards for the title of Head of the Department ...
- 20:07, 29/04/2024
-
- Standards for appointment of Director General ...
- 10:07, 28/04/2024
-
- Notable documents of Vietnam in the previous week ...
- 16:44, 27/04/2024
-
- What are cases of resigning from positions in ...
- 09:07, 27/04/2024
