It is relatively common to settle disputes outside of court in Vietnam, as the legal system can be slow and costly. Alternative dispute resolution (ADR) methods, such as mediation and arbitration, are often used to resolve disputes in Vietnam.
Mediation is a process in which a neutral third party helps the parties to reach a mutually acceptable resolution. This can be a faster and more cost-effective way to resolve disputes, as it avoids the need for a lengthy and costly court process.
Arbitration is another form of ADR in which the parties agree to have their dispute resolved by an independent third party (the arbitrator). The arbitrator will listen to both sides of the case and make a decision, which is usually final and binding.
Both mediation and arbitration can be effective ways to resolve disputes in Vietnam, and are often preferred by businesses as they can be faster and less costly than going to court. However, it is important to carefully consider the pros and cons of these ADR methods and whether they are appropriate for your specific situation.