,

VICMC MEDIATORS PARTICIPATE IN A SEMINAR ON DAMAGES AND CONTRACTUAL PENALTIES IN CONSTRUCTION DISPUTES

by

On 28 May 2026, mediators of the Vietnam International Commercial Mediation Center (VICMC) participated in the Seminar titled “DAMAGES AND CONTRACTUAL PENALTIES IN CONSTRUCTION DISPUTES: LEGAL AND PRACTICAL PERSPECTIVES”, organised by the Society of Construction Law Vietnam (SCLVN), with the support of the Vietnam International Arbitration Centre (VIAC).

The VICMC mediators attending the Seminar included:

–Mr. Luong Van Ly – Founding Member and Head of External Relations of VICMC; Senior Counsel at GV Lawyers LLC

–Assoc. Prof. Dr. Nguyen Minh Hang – Secretary General of VICMC; Senior Lecturer at Foreign Trade University

–Mr. Nguyen Nam Trung – VICMC Mediator; Chairman of SCLVN

–Mr. Le The Hung – VICMC Mediator; Vice Chairman of SCLVN; Managing Partner of CNC Counsel Law Firm

At the Seminar, Assoc. Prof. Dr. Nguyen Minh Hang delivered a presentation on: “Experiences/Perspectives from France and China on Liquidated Damages in Construction Contracts”, providing valuable comparative analyses drawn from international practices regarding the recognition and application of liquidated damages mechanisms in construction contracts.

In addition, Mr. Luong Van Ly presented a paper entitled: “Recommendations on the Application of ‘Liquidated Damages’ in Vietnam”, focusing on challenges arising from current legal practices and proposing recommendations to improve dispute resolution mechanisms in the construction sector.

The discussion session among speakers and participants was dynamic and insightful, clarifying a number of unresolved issues in both the understanding and application of laws relating to damages and contractual penalties in construction disputes. The discussions contributed to supporting the drafting, performance, and dispute resolution of construction contracts in Vietnam in a more transparent, efficient, and internationally aligned manner.

The Seminar served as an important professional forum connecting academic and practical perspectives, while promoting multidimensional dialogue on legal issues currently attracting significant attention in the construction industry.

Các bài viết trước

CUSTIOMS IN INTERNATIONAL TRADE

Promoting the development of international trade is a trend in countries around the world; therefore,  international trade contracts are increasingly popular and widely used. However, in international trade, the  parties are from various countries that under the same contract, which causes differences in the application of regulatory laws as well as differences in the way the law is applied when resolving disputes. So in those cases, what do businesses need to keep in mind when entering the market?

Training program on PPA organized by ERAVCTED on October 12-13, 2023

Training program on PPA organized by ERAVCTED on October 12-13, 2023, coordinated with Bitexco Energy Joint Stock Company (Bitexco Power) on “Construction investment, Operational management of power plants and contract dispute resolution, legal issues arising during the implementation of electricity purchase contracts” with the offline and online participation of senior experts and Bitexco Power staves.

Leave a Comment