Arbitration vs Litigation in Vietnam: 5 Facts and Cultural Insights Every Business Should Know

Delay drains profit. Every extra day in a legal dispute means lost time, added cost, and growing frustration. In the world of business, time is not just money, it is reputation, relationship, and survival. Many companies weigh arbitration vs litigation in Vietnam only after tensions rise. The dispute has already begun.  The contract has already been breached . One party wants action, and the other is either silent or defensive. By then, it is often too late to choose wisely. Most businesses are not prepared for what happens next.  Litigatio…