Legal provisions for compensation for damages from breach of contract in Vietnam: Current situation and solutions

Abstract

This paper analyzes the current situation and issues relating to the compensatory damages for breach of contract in Vietnam, such as damages that can be compensated, legal basis for applying compensation measures, and cases of exemption from liability for compensation. The paper also makes some recommendations and proposes solutions to solve legal issues about compensation for damages from breach of contract in Vietnam.
Keywords
compensatory damages breach of contract law

References

1.
Quốc hội (2015). Luật số 91/2015/QH13: Bộ luật Dân sự, ban hành ngày 24 tháng 11 năm 2015.
2.
Quốc hội (2005). Luật số 36/2005/QH11: Luật Thương mại, ban hành ngày 21 tháng 6 năm 2005.
3.
United Kingdom (1990). English contract law Act. UK.
4.
Europe (2012). The Principles of European Contract Law - PECL.
5.
UPICC - UNIDROIT Principles of International Commercial Contracts. [Online] Available at https://www.unidroit.org/wp-content/uploads/2021/06/Unidroit-Principles-2016-English-bl.pdf
6.
CISG - United Nations Convention on Contracts for the International Sale of Goods. [Online] Available at https://uncitral.un.org/sites/uncitral.un.org/files/media-documents/uncitral/en/19-09951_e_ebook.pdf
7.
Janet OSullivan and Jonathan Hilliard (2012). The Law of Contract. UK: Oxford University Press.