In the execution of sales of goods contract, there are cases in
international trade that allow buyer suspend the payment of the value of the
goods to the seller.
According to Article 51 Law on Commerce 2005, it is regulated that,
unless otherwise agreed, the suspension of payment for goods is provided for as
follows:
-The buyer that has proofs of deceit of the
seller shall have the right to suspend the payment.
-The buyer that has proofs that the goods are
subject to a dispute shall have the right to suspend the payment until the said
dispute is settled.
-The buyer that has proofs that the seller has
delivered goods which do not conform with the contract shall have the right to
suspend the payment until the seller remedy such inconformity.
However, it is suggested that the buyer or the
seller to consult with internationaltrade lawyers in Vietnam for
specific situations in potential contract dispute to avoid breaching the
agreements.
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