When entering into a contract to purchase and sell goods, the parties have goodwill in cooperating and doing business with each other. However, the occurrence of disputes and conflicts during the implementation process is inevitable. So, what is a dispute on goods purchase and sale contracts and which form of resolution shall apply, arbitration or court?
In order to shorten the investment time, save costs, avoid the collision of legal procedures on inspection, approved at the establishment stage, investors can choose to develop their business based on the existing platform through the form of franchising. So, what is a commercial franchise according to Vietnam’s regulations?
My company has signed an iron and steel trading contract with company A. According to the contract agreement, my company will pay 70% of the contract value in advance and request company A to deliver the goods before June 30, 2020. However, until July 20, 2020, company A has not yet delivered the goods. In this case, does my company have the right to cancel the contract and ask the company to compensate for the damage in accordance with Vietnam’s regulations?
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
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