nhathocusg.com ARBITRATION Arbitrate at nhathocusg.com Combination of Arbitration and Mediation International Arbitration Resources

nhathocusg.com ARBITRATIONArbitrate at nhathocusg.comCombination of Arbitration and Mediation International ArbitrationResources
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Global Home’s representative Otto De Jager & his wife

Gia Han Company, one of the companies, affirmed that Global trang chủ has not paid debt of $493,000 which is payment for its products. The legal representative of Global home is Otto De Jager, of Czech nationality, well-known in Vietnam as the husband of Thu Minh, a famous pop singer. Nguyen Huu Ngoc, the representative of Gia Han, said Gia Han understood that some provisions in the contracts may put Gia Han at a disadvantage. However, Gia Han still decided to sign the contracts because it believed that Thu Minh, the famous singer, would not commit wrongdoings which may spoil her prestige. Thu Minh is the wife of Global Home’s representative. The singer turns up before the public with luxury branded handbags and cars, while she reportedly has bought léman luxury apartments worth millions of dollars.Many companies have denounced Global Home, a company with head office in Czech Republic, for repudiating its debts và have reported the debt khổng lồ the police.Bạn vẫn xem: Otto de jager winston vũ de jager

"Many companies have denounced Global Home, a company with head office in Czech Republic, for repudiating its debts và have reported the debt khổng lồ the police."

Vu Anh Duong, secretary general of the Vietnam International Arbitration Center (nhathocusg.com), said it was still too early khổng lồ say who is right & if there is the behavior of swindling the partner in this case. However, he affirmed that the Vietnamese business will be at a disadvantage if it raises the lawsuit.Bạn đã xem: Otto de jager winston vũ de jager

Under the contract signed by the two sides, any dispute will be brought khổng lồ the arbitrators in Hong Kong. This means that Gia Han will have to lớn spend big money on lawyers, travel fees and pay khổng lồ arbitrators.

Bạn đang xem: Otto de jager winston vũ de jager

In general, the cost to lớn have disputes to be settled at the Vietnamese arbitration center is just equal lớn 21 percent of the cost at ICC (International Court of Arbitration) & 51 percent of the cost at the Hong Kong International Arbitration Center (HKIAC).

Do Xuan Tung, director of Nhan Viet Consultancy & Training Company, commented that there were some differences in business culture followed by foreign và Vietnamese businesses.

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Vietnamese businesses would sign contracts if they feel they can believe the partners.

Tung went on lớn say that Vietnamese lượt thích doing business with the rich and famous.