View Of Arbitrators

VieON users in mire after exit of MoMo

VieON users in mire after exit of MoMo

Oct 12, 2020

Even as major e-wallet platforms enhance partnerships with businesses to gain a foothold in the local market, locally-invested MoMo has suddenly cancelled its contract with an over-the-top platform, raising concerns over whether the e-wallet platform is strong enough without the alliance.

Lessons about invalid contract, inspection and Incoterms over a lawsuit

Lessons about invalid contract, inspection and Incoterms over a lawsuit

Oct 06, 2020

The contract might be invalidated for reasons unexpected by the parties; careless selection of an inspection company resulted in losing legal evidence; and inadequate understanding of the right to claim under the CFR Incoterms rule leading to an unacceptable request were some of the summaries of the lawsuit below for your reference.

A dispute on new for old insurance

A dispute on new for old insurance

Sep 10, 2020

The damaged property could be replaced under the insurance contract, but the method was not as simple as the thought of the insured in the dispute below, resulting in the loss of hundreds of  millions of VND, which was a lesson learned for the enterprise participating in insurance and let readers refer to their practical activities. 

What was "Insurance profiteering"?

What was "Insurance profiteering"?

Aug 12, 2020

What was insurance profiteering? It was an illegal act to seek profits from insurance enterprises. Here were some acts of insurance profiteering for readers’ reference.

Force Majeure

Force Majeure

July 15, 2020

Never the term "force majeure" has been as much concerned as since Covid-19 through a number of cases, such as, (1) The tenant did not pay the rent, returned the house, reclaimed the deposit for the reason of force majeure. Was that right? (2) Logistics service companies, trading companies could not deliver, receive goods or violate delivery deadlines because of a shortage of workers due to concentrated isolation, even companies had to close due to Covid-19. Could they refuse to pay damages? (3) Could we claim insurance companies for damages caused by Covid-19? (4) For flights canceled by a government order due to Covid-19, had the travel company to return the airfares or deposits to its travellers immediately? (5) Borrowing money from banks to buy and sell goods or services but not being able to do business, was it allowed to refuse or delay the payment of interest or late payment of principal due to Covid-19? (6) Bank was unable to collect debts due to Covid-19. Was it a force majeure event?

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