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How long is the limitation period for initiating proceedings for dispute resolution by arbitration?

How long is the limitation period for initiating proceedings for dispute resolution by arbitration? The limitation period for initiating proceedings for dispute resolution by arbitration is stipulated in Article 33 of The Arbitration Law 2010 as follow:

I want to choose the ad hoc arbtiration to resolve the dispute

I want to choose the ad hoc arbtiration to resolve the dispute. Is the ad hoc arbitration permitted by Vietnamese law?

 

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