Article 18. Governing law
1. These General Terms and Conditions are governed by the applicable laws of the Socialist Republic of Vietnam.
2. If any term or condition in these General Terms and Conditions or any part or provision herein is declared invalid or unenforceable by the State competent agency, validity of other terms and conditions, parts and items of these General Terms and Conditions shall not be affected.
3. Contents uncovered by these General Terms and Conditions shall be subject to regulations on products and services of VPBank and the relevant laws.
4. Any disputes arising out of or in connection with this Contract shall be solved through negotiation, conciliation and mutual respect. Where conciliation does not work or the Parties do not want a conciliation, such dispute shall be put forward to the People’s Court with jurisdiction in Vietnam for final settlement. The Parties agree that the address as stated at the Application for registration is the address used so that the Court may define authority to resolve disputes as stipulated by the laws. In case the Client changes address without giving a written notice to VPBank, the Client is deemed to hide address, avoid obligation and VPBank is entitled to request the Court to handle the case under the normal procedures