Article 13. Governing Law and Disputes Resolution

/in /by
  1. The Term Deposit Agreement, General Conditions shall be governed by the laws of Vietnam.
  2. Any disputes arising out of or in connection with the Term Deposit Agreement, General Conditions shall be resolved by the Parties in a spirit of cooperation, equality and mutual respect. In cases the two Parties fail to reach any agreement or do not wish to reach any agreement, either Party shall have the right to initiate a lawsuit at a competent Court for resolution in accordance with law.