The legal frame on contract in Viet Nam is still in short of consistency, clarity, and contains much overlap. And the time for settling contractual disputes in Viet Nam (400 days) is rather long compared to the referred countries (Singapore, Thailand, Malaysia, Philippines, Indonesia, India and China), especially receiving petition period (13% of total time) and judgment enforcement period (37% of total time). Regarding the situation of contract enforcement, Lawyer Nguyen Hung Quang has a presentation with a lot of valuable information. He also gave out suggested recommendations for long term and short term for the issue in question.
Slide: Enforcing contract
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